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President Obama Admonishes Wall St., Asks for Reform

Thursday, April 22nd, 2010

The President spoke at noon eastern at Cooper Union in New York’s East Village.

A few paragraphs from the President’s prepared remaks (full text linked here):

A free market was never meant to be a free license to take whatever you can get, however you can get it.That is what happened too often in the years leading up to the crisis. Some on Wall Street forgot that behind every dollar traded or leveraged, there is family looking to buy a house, pay for an education, open a business, or save for retirement. What happens here has real consequences across our country.
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