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Independent voices from the The Washington Times Communities
Topic - Commodities Futures Trading Commission
Investment-services firm J.P. Morgan blew $2 billion on bad trades, and the total damage could rise to $5 billion. Though the Obama administration wants you to think otherwise, this is proof the market works.
President-elect Barack Obama on Thursday said he will force "a shift in ethics" on Wall Street and argued for new, aggressive controls on markets as he named his financial regulatory team.
President-elect Barack Obama on Thursday said he will impose "a shift in ethics" on Wall Street, arguing for new, aggressive controls on markets as he named his financial regulatory team.