Pity the poor greenback no more. Not long ago pundits fretted over the dollar's losing dominance as the world's reserve currency. Even celebrities could do the math and reportedly started demanding salaries paid in euros. Now forecasters sound just as grim about the euro. But chances are those pronouncements are premature as well, writes contributor Marine Cole in this month's Treasury & Risk.
And odds are that the big fix of the near-fatal defects in the U. S. financial system now before Congress will change everything about how deals are done and relationships made, writes T&R's senior contributing editor Richard Gamble. His perseverance got the powerful chairman of the House Financial Services Committee, Barney Frank, to give T&R an exclusive interview about what reform proposals could mean to treasurers and their companies.