West Palm Beach (HedgeCo.Net)- In a press release from Dispatches from the US Govenrment it was announced that Senator Barack Obama is scheduled to argue at NASDAQ marketsite that the”what’s good for me is good enough” mentality that has crept into certain corners of the Washington and the business world has led to bad-for-business practices that don’t just offend morals, butendanger markets.
Using the subprime mortgage crisis that has led to today’s economic uncertainty as an example, Obama will discuss why the American economy and the American people benefit from policies that ensure openness, transparency, and honesty in the marketplace.
To ensure that no conflict of interest exists between rating agencies and the people they’re rating, he will also call for an immediate investigation into the relationship and business practices of rating agencies and their clients.
Finally, Obama will ask Wall Street to join him in supporting an economic agenda that will level the playing field for the American people and ensure America’s prosperity in the 21st century. Obama is scheduled to deliver a speech on Tuesday in Washington DC where he will outline specific tax policy proposals.
The speech is being hosted by the Executive Council as part of their Candidate Roundtable Series.
Alex Akesson
Editor for HedgeCo.Net
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