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  • Obama Presses Reform on Wary Wall Street

    09/14/2009 6:42:53 AM PDT · by STONEWALLS · 6 replies · 305+ views
    the street.com ^ | 9-14-09 | Lauren Tara LaCapra
    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.