One Year After Lehman's Collapse, Financial Fraud On Wall Street Continues Unchecked

“I want everybody here to hear my words,” Mr. Obama said. “We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses. Those on Wall Street cannot resume taking risks without regard for consequences, and expect that next time, American taxpayers will be there to break their fall.” - President Obama, today on the anniversary of the collapse of Lehman Brothers.

In fact, Mr. President, that is exactly what they have done. Washington's endless rhetoric now falls upon deaf ears as Americans are now focused clearly on accountability and results. One year later, nothing of substance has been done to reform our banking system. Nothing. In fact, as we have stated countless times since this crisis hit, the global crisis is worsening not getting better.