Historic Overhaul of Finance Rules

Wall Street Journal by Damian Paletta | Jun. 18, 2009 (News Report)

President Barack Obama urged policy makers to rewrite the rules governing U.S. finance, unveiling far-reaching proposals that would affect nearly every aspect of banking and markets. The White House hopes Congress can complete work on the plan by year's end. But it is sure to face opposition both from some on the right who say it threatens to throttle free markets and others on the left who say it doesn't go far enough. Some in Congress are cautioning ... Full Story »

Posted by Fabrice Florin

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Subjects: Politics, U.S., Business, World, Living
Topics: Campaign Finance, Obama Administration, U.S. Congress, Corporate Governance, Congressional Oversight, U.S. Economy, Global Economy, Money, Real Estate
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Posted by: Posted by Fabrice Florin - Jun 18, 2009 - 8:42 AM PDT
Reviewed by: Fabrice Florin (review), Cynthia Gilbert (review)
Content Type: Article
Edit Lock: This story can be edited
Edited by: Fabrice Florin - Jun 18, 2009 - 8:48 AM PDT
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3.7
 by Fabrice Florin - Jun. 18, 2009

Informative overview of some key points in President Obama's proposed overhaul of financial legislation. This short article gives a good factual introduction to this important proposal, which is complemented by several related stories in today's WSJ edition (see links). On the down side, this report could have benefited from more independent perspectives on this topic.

Fabrice posted this story.
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3.5
 by Cynthia Gilbert - Jun. 18, 2009
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  • Public Wary of Deficit, Economic Intervention (Pending)

    Wall Street Journal | Jun. 18, 2009
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  • Is Obama's Financial-Reform Plan Bold Enough?

    Time by Justin Fox | Jun. 18, 2009 (News Analysis)
    It's not just that the Obama reforms are less ambitious than those of the Great Depression. They're also inspired by a very different interpretation of what went wrong. In the ...
    Posted by Kaizar Campwala
    3.6
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