Saturday, August 01, 2009

Major US financial regulation initiatives

Read this report in Reuters.

I am impressed with the fast and appropriate action taken by the Obama Administration in addressing the failure of the financial market in USA. I believe that the measures are necessary and will be helpful in creating a fairer and better financial system.

This is an example of what can be achieved under a free, democratic system that draws on the best brains from all sides and respect the views and contributions of many people.

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