Will Financial Regulation Trash Global Economic Security?

Alexander Mirtchev, Contributor

 

Under the auspices of the Financial Stability Board, more than 30 recommendations have been set out as part of a massive and far-reaching G-20 financial regulatory reform package to ostensibly minimize risk in the financial system and maximize consumer protection.

Massey Security Worker Charged

The chief of security at the Massey Energy Co. mine where an explosion killed 29 miners last April was charged Monday with lying to investigators and ordering the destruction of thousands of security-related documents.

The criminal indictment by a federal grand jury probing the blast is the first issued in connection with the worst U.S. coal-mining disaster in 40 years.