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Obama Presses Reform on Wary Wall Street
the street.com ^ | 9-14-09 | Lauren Tara LaCapra

Posted on 09/14/2009 6:42:53 AM PDT by STONEWALLS

NEW YORK (TheStreet) -- President Obama is taking his message to Wall Street on Monday, and while he is sure to have a captive audience, many of the regulatory reform proposals he will advocate are being fought tooth and nail by the locals.

The president will appear at Federal Hall, nearly a year after regulators, some of whom remain in his administration, allowed Lehman Brothers to fail. Obama is likely to use the anniversary as an opportunity to push his agenda of hands-on regulation. He is pushing tighter oversight of several factors that helped push Lehman under ground.

(Excerpt) Read more at thestreet.com ...


TOPICS: Business/Economy; Politics
KEYWORDS: walltreet
...ACORN Boy had best tred lightly before Wall Street bitch slaps him up side his head....after Christ ran the money changers out of the temple he was killed in six days....big money men don't like being messed with....they didn't back then, and they don't now....if Zero wants their $$$ in 2010 he'd be wise to back off.
1 posted on 09/14/2009 6:42:54 AM PDT by STONEWALLS
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To: STONEWALLS
If I'm not mistaken, Wall Street got the guy for whom they asked. They should know the phrase caveat emptor.
2 posted on 09/14/2009 6:46:20 AM PDT by ALPAPilot
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To: ALPAPilot

Yup, Obama and Dems are in bed with the big banks and investment banks. As Rick Santelli said this morning “We spent billions bailing out the banks and they still won’t lend. They them fail!”


3 posted on 09/14/2009 6:48:23 AM PDT by whitedog57
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To: ALPAPilot

You hit the nail on the head.


4 posted on 09/14/2009 6:51:27 AM PDT by SumProVita (Cogito, ergo...Sum Pro Vita. (Modified DeCartes))
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To: STONEWALLS
Boob bait for the bubba's. The 0 is the money machine's bitch. This is just propaganda for the masses to prop up sagging 0 adoration numbers.

Real sad that the average Democrat voter is too stupid to realize the Democrats he votes for to "protect" him from big business are big businesses best friends.

5 posted on 09/14/2009 6:57:57 AM PDT by MNJohnnie (Carbon offsets? Sounds like the Environmental Church wants us to buy climate indulgences.)
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To: STONEWALLS

And traffic will be a nightmare today.


6 posted on 09/14/2009 7:15:42 AM PDT by Miss Didi ( "After all...tomorrow is another day." Scarlett O'Hara, Gone with the Wind)
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To: Miss Didi

I hate him....He is such a lying pig...he points that finger at us and I want to bitch slap him. There, I feel better.


7 posted on 09/14/2009 9:30:56 AM PDT by Hildy
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