DODD FRANK

  • Will Wall Street and Barack Obama bridge their divide? January 3, 2013

    The demonisation of the financial industry is not limited to the US. It's a global phenomenon. In the US, the need to bail out the banking industry was a very difficult political decision for Democrats in particular. The entire country was suffering in the recession. There was the notion that...
  • Obama signs Wall Street overhaul into law July 21, 2010

    Washington: US President Barack Obama on Wednesday signed into law the most comprehensive financial regulatory overhaul since the Great Depression and vowed there will be no more taxpayerfunded bailouts for Wall Street. "Because of this law, the American people will never again be asked to foot the bill for Wall Street's...