Financial Transparency Coalition

WASHINGTON (Dow Jones)--Much has changed at the Justice Department since the Obama administration took charge, but one controversial tactic in corporate-crime cases has not: the use of settlements that allow corporations to avoid prosecution for wrongdoing.

"A New Moment of Promise": President Obama addresses the Parliament of Ghana in Accra on July 11, 2009.

Washington - President Obama introduced his plan to reform financial regulations yesterday as a key to reviving the economy, setting up an intense battle over the particulars that is likely to rage on Capitol Hill for the rest of the year.

WASHINGTON – President Obama will lay out a comprehensive regulatory reform plan this afternoon to modernize and protect the integrity of our financial system. While this crisis has had many causes, it is clear now that the government could have done more to prevent these problems from growing out of control and threatening our overall economy.