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Prez Heads To Wall Street To Recharge Reform Effort
LA Times previews financial reform speech: “The momentum for those reforms has been weakening recently as banks begin to repay their bailout money, the stock market climbs out of its deep hole and a less-chastened financial industry fights back against the specter of stricter government regulation. So on the anniversary of Lehman’s collapse, Obama will try to seize back the high ground. He will deliver a major speech that will highlight his administration’s efforts to halt the financial crisis and press Congress to approve changes that he believes are needed to prevent a repeat, the White House said.”