French Caldwell

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New Hammers for New Nails — Big U.S. Regulatory Overhaul

June 17th, 2009 · No Comments

“Today, my administration is proposing a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression,” announced President Barack Obama today from the White House.
While the changes are big, they are not as sweeping as they could have been.  Political obstacles prevented the [...]

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