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FHLBs Fret Over Accounting, Systemic Risk
The Council of Federal Home Loan Banks and 10 other trade associations last week urged Sens. Chris Dodd, D-CT, and Richard Shelby, R-AL, to pay close attention to accounting policy as part of Congress’ efforts to reform the oversight of the financial services industry – especially when it comes to confronting systemic risk.
“During the recent problems in the financial markets, many have...
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