WASHINGTON (CNNMoney.com) -- Just a month after taking office, President Obama asked Congress to move fast to reform the "outdated" system of financial oversight and install "tough, new common-sense rules of the road" for Wall Street.
Now, as Obama gave a major address on Monday marking the one-year anniversary of the Lehman Brothers collapse, things haven't advanced very far.
Now, as Obama gave a major address on Monday marking the one-year anniversary of the Lehman Brothers collapse, things haven't advanced very far.
Posted By,
Meredith Anderson
This is interesting because Obama does have a majority in Washington. Although politics does take time, this is a big deal and should have been dealt with as soon as possible -Nicole Nelson
ReplyDeleteI think Obama should be credited for how much he has done in the financial crisis. Furthermore, he was elected as president when the crisis happened and I feel there is no one other than Obama who would have been a better fit as president. Also it just takes time for everything to work out.
ReplyDeletePosted by Lily Mei