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Page last updated at 21:41 GMT, Monday, 14 September 2009 22:41 UK

Obama issues warning to bankers

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President Obama has warned bankers not to return to the "reckless behaviour" of the past.

He promised tougher regulation and said there would be no more government bailouts.

His vow marks the first anniversary of the collapse of Lehman Brothers, which brought America's banking system to the brink.

Greg Wood reports from New York.

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