President Barack Obama on Thursday at noon made a speech in New York to explain the White House plan to reform financial markets and give a last push for its approval, which is in the final stage in Congress. The President stressed that the reform will help prevent re-used public funds to save private banks.

"A vote for reform is a vote to end the bank bailouts funded by taxpayers. That is the truth." Punto Final ", stressed the president.

Obama took a few meters from Wall Street to ask the banks to climb on the bandwagon of reform, rather than put a spoke in its wheels. "Today I am here because I want to urge you to join us in this effort instead of fighting ... I think these reforms really do not serve only the interests of the country, but also the financial sector," said tenant the White House.

In his talk, which lasted about half an hour, the occupant of the White House argued that it is essential to adopt a major reform of financial markets to prevent a further collapse of these return to destabilize the rest of the economy, causing serious consequences population growth as unemployment soared, the evictions, and the disappearance of the savings.

"It is essential that we learn the lessons of this crisis, so that's not repeated. And no mistake, this is exactly what will happen if we let this opportunity pass," said African-American leader. "Without it, our house will continue settling in quicksand, leaving our families, businesses, and the global economy vulnerable to future crises."