Obama’s Plan To Prevent Further Economic Woes Slows

Obama and congressional Democrats have vowed to overhaul financial regulations by the end of the year. They say had regulations been tighter in recent years, firms would not have taken many of the risky bets that ultimately put them in danger of collapsing and in need of a $700 billion government bailout. Sen. Chris Dodd, … More Obama’s Plan To Prevent Further Economic Woes Slows

Obama's Plan To Prevent Further Economic Woes Slows

Obama and congressional Democrats have vowed to overhaul financial regulations by the end of the year. They say had regulations been tighter in recent years, firms would not have taken many of the risky bets that ultimately put them in danger of collapsing and in need of a $700 billion government bailout. Sen. Chris Dodd, … More Obama's Plan To Prevent Further Economic Woes Slows