Foreign investors and analysts welcome the proposal but take a wait-and-see attitude, partly because crucial details have yet to be worked out. The Obama administration's proposal to overhaul financial regulations, aimed in part at restoring global confidence in America's economic system, triggered a welcome but largely wait-and-see response from overseas investors and analysts.
Stories Related to Obama's Plan To Overhaul Financial Regulations Is Seen Abroad As A First Step
Los Angeles Times - Top News, Los Angeles Times
Wed, 06/17/2009 - 9:58pm
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