Topic: Charles Prince
Mitt Romney is casting his campaign as a defense of free enterprise, hard work, and risk-taking. Easy for him to say: the higher you go on the economic ladder, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.
What better way for the president to distinguish himself from Romney than to condemn Wall Street’s antics since the bailout and call for real reform?
Some see the beginning of the end for huge compensation for financial titans. Others say the limits are too weak to bring real change.