Support builds for financial reforms

    Vice President Joe Biden and Treasury Secretary Timothy Geithner brought the White House’s road show for financial reform to Milwaukee this week.
    Speaking at a Middle Class Task Force Town Hall Meeting at the University of Wisconsin-Milwaukee Tuesday, Biden said, “Never again should the government bail out a bank or watch the economy implode.”
    Biden and Geithner were warmly received by the Milwaukee audience. Read more about the event in a Milwaukee Biz Blog by BizTimes reporter Eric Decker.
    Financial reform was a timely and prominent issue in the Milwaukee Biz Blog this week. Jim MacPhee, chief executive officer of Kalamazoo County State Bank in Schoolcraft, Mich., is the chairman of the Independent Community Bankers of America (ICBA), and he said America’s community banks are favor of strong reforms. Read more here.
    Financial advisor and futurist Bob Chernow also made the case for financial reforms in a Milwaukee Biz Blog this week. Read more here.
    To view WISN-Channel 12 video of the appearance by Biden and Geithner, click here.
    In a BizTimes Milwaukee survey of readers about the need for financial reforms, 77 percent said they support reforms.
    – BizTimes Milwaukee






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