HopeTracker| President Obama is in New York today, making a speech to 700 people at Cooper Union on the need to reform America’s financial industry. In excerpts of the speech released last night, President Obama will call on financial executives to abandon what he will label “furious efforts” to block an overhaul bill through the efforts of a massive army of lobbyists.
The president will echo the sentiments of millions of Americans when he says:
“A free market was never meant to be a free license to take whatever you can get, however you can get it. That is what happened too often in the years leading up to the crisis.” Read on at Washington Post.