Friday, March 27, 2009

Obama and the bankers

In the history of government intervention in banking, todays meeting between Obama and leaders of 15 of the largest banks in the United States was flat out tame. Reports from the meeting suggested that the tone was respectful and both sides agreed to listen to one another, but the tension over executive pay was left unresolved (update - WSJ story 3/28/09).

What would Andrew Jackson have done?

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