WALL STREET COMES TO WASHINGTON. WILL IT MATTER? — All of the big bank CEOs are in DC today for a meeting of the Financial Services Forum. The timing of the meeting just happens to coincide with the government shutdown and approach of the debt ceiling deadline. But both will be central topics when the CEOs visit the White House to meet with President Obama. CEOs expected at the meeting include JPMorgan’s Jamie Dimon, Goldman Sachs’s Lloyd Blankfein, Morgan Stanley’s James Gorman and Bank of America’s Brian Moynihan, among others. According to a White House official, the president plans to make it clear to the CEOs why he is unwilling to engage in any negotiations on the debt limit and why he believes doing so would be harmful to the economy...
Wednesday, October 02, 2013
Foxes Visit Hen House
Wall Street comes to Washington. Will it matter? — Get ready for 14th amendment talk - POLITICO Morning Money - POLITICO.com:
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2 comments:
you have some of the most powerful men in the world employing some of the smartest men in the world to design some of the most sophisticated and devious financial instruments on the planet. expecting a bunch of two bit politicians with no back bone to take control might be a tad naive.
jellyfish typically lose the battle with sharks.
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