Word: gettinger
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Fight or Fix? "Your bosses are sociopaths! A bunch of Ted Bundys in $10,000 suits!" The words were hurled by an unnamed Democratic Congressman at a bank lobbyist who must also remain anonymous. Suffice it to say the lobbyist is getting used to hostile greetings. "We get it: we...
The problem, as usual, is the Senate - and, in an election year, the calendar. Republicans are already suggesting that Obama's belated push for the Volcker rule and other add-ons will require new hearings and more delay, and that its line-in-the-sand approach to the consumer agency...
Back in Vogue Volcker was living in New York City, getting engaged to his longtime assistant, giving speeches around the world, making wry comments about the uselessness of financial innovation and the remorselessness of Wall Street. He was also making cagey references to his lack of influence with Obama, for...
In fact, while Volcker did have some policy disagreements with Geithner and National Economic Council chairman Larry Summers - who were not eager to dismantle large banks and did not see how proprietary trading contributed to the crisis - those ideas had support from White House economists like Christina Romer and Austan...
When Obama spoke about creating jobs for small business, Boehner spread his hands and cocked his head as if to say, "So now you're getting it." When Obama congratulated himself for not raising income taxes by "a single dime," Boehner looked incredulous - as if to say, "Really, he wants...