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Obama turns Wall Street reform bill into law

Posted in News

US President Obama signed the Wall Street reform bill into law on Wednesday. The Wall Street reform now provides regulators with a effective waeapon against the biggest financial groups that may jeopardize the inner workings of our financial systems. These systems loose their true responsiveness when affected by concentrated financial power. In short, the current [...]

Is the Obama Bank Tax the Start of a Makeover?

Posted in After the Bell

Dow Jones ended the week sharply down together with the global markets reacting to The Obama Bank Tax. Was that Obama´s fault? Here is what Dow Live Report thinks. See it this way: the Banks have been blamed for the financial turmoil of last year. Right or wrong, when you identify a culprit society demands [...]