NU Online News Service, Sept. 14, 3:36 p.m. EDT

President Barack Obama declared that reforms will be passed this year to prevent the financial industry from relapsing into the habits that almost collapsed financial institutions like American International Group.

Speaking on the one-year anniversary of the fall of Lehman Brothers in New York's Federal Hall, facing the New York Stock Exchange, the president said as the economic crisis is beginning to wane and financial activity returns to a level of normalcy, that normalcy cannot lead to complacency.

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