Tuesday, July 17, 2007

UPDATE 1-Senators urge US agencies to finalize Basel II

(Reuters) - "We both believe strongly that the decisions you take in
the next few days will have a significant impact on both the
safety and soundness and the competitiveness of the U.S.
financial system," Connecticut Democrat Christopher Dodd, the
committee's chairman, said in a letter.




The letter was also signed by Sen. Richard Shelby of
Alabama, the ranking Republican on the committee.


Read more at Reuters.com Bonds News

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