Obama Plans Supervisory Colleges For Global Financial Firms?

OBAMA PLAN TO CALL FOR SUPERVISION OF GLOBAL FINANCIAL FIRMS THR (6/16/09 Reuters Alertnet)

Source: Reuters
OBAMA PLAN TO CALL FOR SUPERVISION OF GLOBAL FINANCIAL FIRMS THROUGH SUPERVISORY COLLEGES--OFFICIAL

That's all there is at the site. What are "supervisory colleges"??? Global???

Or this:
Source: Fed To Regulate All Large Interconnected Firms (6/16/09 RTT News via INO)

All?? Not just financial firms? Or are they expanding the definition of "financial" firms?


What's going on?

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