Obama Proposes Limits on Wall Street Banks; Enough to Ease Main Street Anger?

President Obama today continued his attempt to reform Wall Street in the wake of the worst recession in generations, unveiling a proposal to cut down on the size and risk-taking of the nation's largest banks. "This economic crisis began as a financial crisis, when banks and financial institutions took huge, reckless risks in pursuit of quick profits and massive bonuses," the president said in remarks at the White House. The president today was accompanied by his economic team, including...Full Story
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