President Barack Obama delivered a forceful plea for cooperation from Wall Street banks in a speech at New York City’s Cooper Union yesterday. Some of the president’s language to bankers was stern ? during one part of the talk, he pointed in the direction of Goldman Sach’s CEO and said, “Unless your business model depends on bilking people, there is little to fear from these new rules.”
We analyze the text and read between the lines of Obama’s speech with Louise Story, Wall Street and finance reporter for The New York Times, along with Jim Warren, columnist for the Chicago News Co-Op.
At The World, we believe strongly that human-centered journalism is at the heart of an informed public and a strong democracy. We see democracy and journalism as two sides of the same coin. If you care about one, it is imperative to care about the other.
Every day, our nonprofit newsroom seeks to inform and empower listeners and hold the powerful accountable. Neither would be possible without the support of listeners like you. If you believe in our work, will you give today? We need your help now more than ever!