Showing posts with label U.S. government bailouts. Show all posts
Showing posts with label U.S. government bailouts. Show all posts

Monday, May 21, 2012

Obama pledges tough enforcement of Wall Street reforms

May 19 (Reuters) - President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation.