The promised bland - Barack Obama marks a year since the collapse of Lehman Brothers with a speech to Wall Street

I'd say The Economist is falling out of love with President Obama - MBC

http://www.economist.com/daily/news/displaystory.cfm?story_id=14444100&fsrc=nwl

"...produced plenty of elegant phrases but little that was new, and quite a bit that was confusing...

...much of what Mr Obama said was disingenuous. He included some helpful words on the responsibility borne by homeowners for taking risks they could not afford. But he also urged banks to bring financial services to those currently outside the financial system, and put the consumer-protection agency first on his list of reforms. He said that the cost of future failures would fall on shareholders and creditors. But it is far from clear that he will force money-market funds, a major source of bank funding, to give up their promise to return their capital to investors intact...

...the casual listener to Mr Obama’s oratory might conclude that the crisis occurred because there were no regulations, that big banks would be allowed to fail in the future and that the proposed constraints of finance will create a new age of prosperity. (They would also think that the incomprehensible decision on Friday to impose tariffs on Chinese tyre imports was designed to save free trade.) The truth is far messier. Reform is badly needed, but people will still be greedy, banks will still need saving and a more stable system will entail less credit flowing through it. Mr Obama is eloquent but too often he does not tell it like it is..."