Archive for September 14th, 2009
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Fixing the financial rules: Slow going
Just a month after taking office, President Obama asked Congress to move fast to reform the “outdated” system of financial oversight and install “tough, new common-sense rules of the road” for Wall Street.
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Obama: ‘Learn lessons of Lehman’
The bailouts have largely stabilized the financial system, but regulatory reform is needed to prevent a similar crisis from happening again, said President Obama in a speech delivered Monday on Wall Street.
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Presidential nominations sent to the Senate, 9/14/09
THE WHITE HOUSE
Office of the Press Secretary
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For Immediate Release &n… -
Money flowing from financial system to taxpayers, Obama says
President Obama said Monday that the need for the federal government to help prop up the nation’s hard-hit financial system is fading.
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Commentary: Panic anniversary no reason for joy
We are a full year removed from the September 15, 2008, bankruptcy of Lehman Brothers, which sent the global financial system into a tailspin, and yet just 10 days removed from one of the most dismal unemployment reports in 80 years.
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Obama challenges Wall Street to change
President Barack Obama sternly warned Wall Street Monday against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression. -
Obama warns Wall Street against reckless behavior (AP)
AP – President Barack Obama sternly warned Wall Street Monday against returning to the sort of reckless and unchecked behavior that threatened the nation with a second Great Depression. -
Guard photos could harm US effort in Afghanistan (AP)
AP – A member of a commission investigating wartime spending says photos of private security guards in various stages of nudity at parties flowing with alcohol may be as damaging to U.S. interests in Afghanistan as images of detainee mistreatment at Abu Ghraib were in Iraq.
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Dollar gains on stock dip, trade spat
The dollar gained against most currencies Monday amid falling global stocks and as investors fretted over a growing trade spat between the United States and China.
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FBI: Murder, violent crime dropped in 2008 (AP)
AP – The FBI says murder and manslaughters reported to police dropped almost 4 percent last year.
