With bailout funds repaid, Wall Street snubs the president
(NEWSER) - Obama’s meeting with top bankers yesterday spoke volumes about the new power dynamic between Washington and Wall Street—and not in the White House’s favor. Three top bankers, Lloyd Blankfein, John Mack and Richard Parsons, called in rather than showing their faces. Their excuse was weather that had delayed their—irony alert—commercial flights, but if they really cared, they’d have found a way to show up, says Andrew Sorkin of the New York Times. More»
