Obama Talks Big Banks; Market Tanks
As if on cue, just as the U.S. banks are beginning to show signs of recovery, Obama inserts himself into how banks should trade and manage risks. The stock market then tanks.
Can't he take another foreign trip or something?
*Update*
Obama: no bank should have proprietary trading. Say what? How about no bank should be allowed to be profitable too?
Can't he take another foreign trip or something?
*Update*
Obama: no bank should have proprietary trading. Say what? How about no bank should be allowed to be profitable too?
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