In New York City today just a short subway ride from the financial district, President Barack Obama called on lawmakers to take swift action on financial regulatory reform, which would forever change the way Wall Street does business.

Continue reading Obama to Wall Street: We Need 'Basic Safeguards That Prevent Abuse'

Obama to Wall Street: We Need 'Basic Safeguards That Prevent Abuse' originally appeared on DailyFinance on Thu, 22 Apr 2010 12:30:00.

Filed Under: Economy, Investing

During a widely anticipated speech today in New York City, President Barack Obama is bearing down on Wall Street. He's pressing for quick action on financial reform that could forever change the way big banks do business.

Continue reading Obama's Wall Street Speech to Call for Swift Action on Financial Reform

Obama's Wall Street Speech to Call for Swift Action on Financial Reform originally appeared on DailyFinance on Thu, 22 Apr 2010 12:10:00.

Filed Under: Economy, Goldman Sachs , Morgan Stanley