We showed great radicalism when it came to preventing a rerun of the Depression.
The chancellor will use his Mansion House speech on 16 June to give the Bank of England the pivotal role in preventing a rerun of the financial crisis of the last three years.
Higher capital requirements for banks should prevent a rerun of some of the recent excesses.Indeed, the British regulatory system (London is where most European hedge funds are based) has worked pretty well.
"It's just good sense – the history is that when we've done these things, it's been very bad!" The radical openness of Commotion is an effort to prevent a rerun of those problems.
Mr. Rajoy's warning also has raised questions about whether, and how soon, the European Union should punish Spain for breaking new rules aimed at preventing a rerun of the chronic overindebtedness in Europe that nearly wiped out the euro.
— The chairman of the Federal Reserve, Ben S. Bernanke, outlined an ambitious proposal on Friday for overseeing the credit markets and preventing a rerun of the crisis that the country is currently struggling to shake off.
The White House has threatened a veto, saying the bill does not meet Obama's demand for an increase in the debt limit large enough to prevent a rerun of the current crisis next year, in the heat of the 2012 election campaign.
While the impact of the treaty will not be felt in the short term and will have little quick effect on Greece's plight or on Europe's sovereign debt crisis, Berlin insists it is needed to resolve the fundamental issue of excessive indebtedness in part of the eurozone, that it will prevent a rerun of the current crisis, and that it should have a calming effect in the bond markets.
Consumer advocates, including us at The Greenlining Institute, argued forcefully for CFPB's creation in the financial reform law, in order to prevent a rerun of the sorts of fraud and abuse that shipwrecked our economy and destroyed the dreams of millions.
Speaking of which, the Consumer Financial Protection Bureau will issue new rules today keeping a tight lid on the kind of dicey mortgages banks sold before the financial crisis, in order to help prevent a rerun.
