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FSOC Has No Plans to Discuss J.P. Morgan
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FBN's Rich Edson on the Financial Stability Oversight Council's reaction to J.P. Morgan's losses.
- Duration 0:49
- Date May 11, 2012
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FBN's Rich Edson on the Financial Stability Oversight Council's reaction to J.P. Morgan's losses.
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Thank you column are before we get to desperate out his take on all of this let's get through Richardson breaking news out of -- -- now what do you have for stretch.
-- some exclusive information from our Peter Barnes is down the field right now and administration officials as the government's.
Financial stability oversight council the -- -- -- made -- of major regulators it has not met to discuss JPMorgan Chase and it has.
No plans.
To do so the official add to this is an important point you guys -- just discussing -- whether or not this is widespread or not one of the points made by this administration official.
This particular event.
Is limited to a single firm according to this official some other points the F sock -- the financial stability oversight council watches all developments in the markets closely.
And the resilience of firms has improved thanks to the reforms.
In Dodd-Frank.
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