AUTOREFRESH 
Obama: As result of decisions made, some unpopular, “we are seeing hopeful signs” in economy
By Gerry Davies || April 22, 2010 at 15:56 GMT
|| 7 comments || Add comment
- Economy growing, fastest growth turnaround in almost three decades, more work to do
- Wall Street reform “absolutely essential” to new foundation for economic growth
- Both Senate and House bills “significant improvement” on flawed rules
- Urges financial industry to “join us, instead of fighting us in this effort”
- Goal to make sure taxpayers never again “on the hook” because firm deemed to big to fail
- Reform would put a stop to taxpayer-funded bailouts
- Will bring market transparency, help ensure derivatives trading takes place “in the light of day”
- Sees legitimate role for derivatives but says reform must prevent reckless risk taking
- Without action will continue to see what amounts to loosely monitored gambling in financial system
- Consumer financial protection provisions in reform package “absolutely necessary”
- Some huge executive bonuses created “perverse incentives” for reckless risks and “that has to change”
- Reform would bring complex financial dealings “out of the shadows”
, atvb, Chris2
just want to say big thx Gerry, you’ve been outstanding in covering major events and daily issues concerning forex traders.
I second GoodBoy’s comment! This website is the greatest asset I have for fundamental analysis.
Cheers GoodBoy, kind comment much appreciated.
Cheers Matthew, we try our best. Kind comment much appreciated.
I’m echoing GoodBoy and and Matthew. Major thx to all the forex live analysts. Your stop and bid orders reports are golden!!!
Cheers James. Thks kind comment.
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