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Obama hits Wall Street.

OK, speech made.

Official White House transcript [Full video may show up later here.]
 Unfortunately, there are some in the financial industry who are misreading this moment.  Instead of Wallstreet learning the lessons of Lehman and the crisis from which we're still recovering, they're choosing to ignore those lessons.  I'm convinced they do so not just at their own peril, but at our nation's.  So I want everybody here to hear my words:  We will not go back to the days of reckless behavior and unchecked excess that was 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.

AP report - AP Video - Bloomberg - New York Times - Wall Street Journal - The Guardian

-- George Pyle/The Buffalo News

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