Economy, U.s. Financial System Overhaul | featured news

(Image from article: "Obama's Plan Falls Flat With Many Economists")

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Obama blasts banks for opposing financial overhaul

President Barack Obama singled out financial institutions for causing much of the economic tailspin and criticized their opposition to tighter federal oversight of their industry....

Obama's plan to overhaul financial regulations is seen abroad as a first step

The Obama administration's proposal to overhaul financial regulations, aimed in part at restoring global confidence in America's economic system, triggered a welcome but largely wait-and-see response from overseas investors and analysts.

Obama's Plan Falls Flat With Many Economists

President Obama said he was looking for a "careful balance" when sketching his blueprint to stabilize the nation's financial sector and wring from the system the kind of risky practices that propelled the country into economic turmoil.

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