Bernanke: Need to Close Industrial Bank “Loophole”

March 7, 2006

A “loophole” in U.S. law that allows commercial firms to buy industrial banks undercuts efforts to keep banking and commerce separate and should be closed, Federal Reserve Chairman Ben Bernanke said on Wednesday.

*For more on this story,

read the full Reuters article.

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Bernanke: Need to Close Industrial Bank “Loophole”

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