Here is a quick and simple animated explanation of how "US-President Barack Obamas Wall Street Reform" will work and what the strongest consumer protections in history will mean for you and your family.
It has now been two years since the collapse of Bear Stearns and more than a year since the financial crisis peaked. Trillions of dollars in household wealth were erased and over 8 million jobs were lost, in large part, because of failures in our financial system. That failed regulatory system will now come to an end.
The Obama Administration has made Wall Street reform a top priority since day one, and it will now become a reality. Wall Street Reform will hold Wall Street accountable, protect and empower American consumers with the strongest consumer protections ever, increase transparency in financial dealings -- including in the derivatives market -- and end taxpayer bailouts once and for all.
Read more about "US-President Barack Obamas Wallstreet Reform" in a four points plan here:
http://www.whitehouse.gov/wallstreetreform
Here you find more about "US-President Barack Obamas Wallstreet Reform" too :
http://en.wikipedia.org/wiki/Wall_Street_reform
