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    Obama vows to fight 'greed and scheming' on Wall Street (AFP)

    Thu, 12/18/2008 - 17:19 EDT - Yahoo! Business News
    • YahooBizNews

    Mary Schapiro (L), followed by Gary Gensler, arrives before US president-elect Barack Obama gives a press conference in Chicago. Obama Thursday nominated Mary Schapiro to take over the Securities and Exchange Commission, an agency under withering fire for its lapses in the current market turmoil.(AFP/Nicholas Kamm)AFP - President-elect Barack Obama vowed Thursday to crack down on "greed and scheming" on Wall Street as he tapped three veteran regulators to take a tough new approach to market rules and oversight.

    • Original article
     

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