Obama Pushes for More Financial Regulation in Wall Street Speech

On the one-year anniversary of the collapse of financial giant Lehman Brothers, President Obama said the economic storms of the past two years "are beginning to break," but he issued a stern warning to the nation's financial firms that as the economy recovers, they cannot revert to the days of "reckless behavior and unchecked excess." "The old ways that led to this crisis cannot stand," the president said. "History cannot be allowed to repeat itself." Obama delivered his remarks at Federal...Full Story
Commenting on this article is closed.