"The Old Ways that Led to This Crisis Cannot Stand"

"There are those who would suggest that we must choose between markets unfettered by even the most modest of regulations—and markets weighed down by onerous regulations that suppress the spirit of enterprise and innovation. But if there is one lesson we can learn from the last year, it is that this is a false choice. Common-sense rules of the road do not hinder the markets but make them stronger. Indeed, they are essential to ensuring that our markets function, and function fairly and freely."

The New York Times prints the text of President Obama's speech on Wall Street.