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Obama for tough laws to rein in lenders

皇冠体育app Daily | Updated: 2009-02-25 08:11

Obama for tough laws to rein in lenders

US Treasury Secretary Timothy Geithner listens as President Barack Obama speaks about executive compensation at the White House in Washington, DC recently. Bloomberg News

President Barack Obama is gambling he can dispel the cloud of uncertainty that has driven bank shares to a two-decade low by subjecting lenders to rigorous reviews and reviving the market for their toxic assets.

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