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Obama Urges Wall Street Regulation

According to the Huffington Post President Obama plans to call on more regulatory oversight in a speech on the anniversary of the Lehman Brothers Collapse. Personally I've never seen that more regulation does good, but in this case I know the one big thing I'm really against is these huge bonuses, and CEO buyouts. If Obama can address these things I think our economy will get a bump up.

"President Barack Obama plans to use the first anniversary of Lehman Brothers' collapse to talk about plans to wind down the government role in a financial sector that needed a Washington bailout last year, an administration official said Sunday.

Obama's speech in New York on Monday will push Congress to take action on regulatory reform to prevent the kind of tailspin that the economy went through last year. Obama also plans to repeat his call for global partners to coordinate to prevent future crises." via HuffPo

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