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U.S. Politics Thread About, Obama prods Wall Street to show responsibility


Obama insisted Monday that there is an urgent need for tighter financial regulation, and he cautioned his audience not to ...
 
 
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Old 09-15-2009, 02:15 PM   #3
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Obama insisted Monday that there is an urgent need for tighter financial regulation, and he cautioned his audience not to try to block it. He spoke on the first anniversary of the collapse of the Lehman Brothers investment bank, the largest bankruptcy in U.S. history and a stark reminder of the financial crisis that spread into a deep recession despite huge federal bailouts of major companies.
Pauligan...People @ Thoughts ...This dude' regulation policies will hurt our economic progress....plain and simple.With his regulations,more investment banks will collapse.
Cautioning folks not to block it ? It's our money !!!
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