Obama to Wall Street: Don’t Forget the Past


Says “sensible” new rules are needed to tighten oversight because Wall Street almost caused the financial system to collapse last year.

Tells Bloomberg TV: “Wall Street seems to maybe have a shorter memory about how close we were to the abyss than I would have expected.”

Adds: “All we’re doing is cleaning up after the mess that was made.”

Related Topics: News, The Page

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