Obama doesnt erect new controls in the banking sector

As I read it, this dismissal — together with the continuing failure to announce any broad plans for bank restructuring — means that the White House has decided to muddle through on the financial front, relying on economic recovery to rescue the banks rather than the other way around. And with the stimulus plan too small to deliver an economic recovery ... well, you get the picture.
atrios
i tend to think that neolibs,geitner and summers were foisted on him by TPTB.


atrios
obama is only predicting that further change could mean further derailment concerning the banking sector. That is not too much according to his election campaign slogan "change." I think with the money pumped into this sector u should have a lot of regulations.