Obama's Financial Reform Plans: Small Steps in the Right Direction

The financial crisis has created political and economic problems that remain unsolved. Perhaps mistakenly, President Obama decided to surround himself with advisers who came from Wall Street and whose policy views reflect the corrupting power of the money that the financial industry has provided them or potentially could provide them in the future. These advisers have helped create the perception that Obama is doing more to protect Wall Street than he is to safeguard the interests of its victims and saviors: the American taxpayers.

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