Posted on 09/29/2009 3:13:06 AM PDT by Scanian
In the depths of the financial crisis last year, people like Morgan Stanley's John Mack, BlackRock's Larry Fink, Greg Fleming (then of Merrill Lynch), JP Morgan's Jamie Dimon and Goldman Sachs' Lloyd Blankfein were telling everyone that candidate Barack Obama was a "moderate," and moderation was what this country needed.
What a difference a year makes. They won't admit it in public -- but in private conversations, the top guys on Wall Street are feeling burned.
The guy who seemed like such a steady voice -- vowing to curb runaway spending and restoring order to the banking system and the economy as a whole -- is instead so driven to achieve his big-government policy goals that he and his policy people are ignoring their own economic advisers on the severe economic costs that his agenda will cause.
(Excerpt) Read more at nypost.com ...
Your opinion.
I think he (they) burned all of us, who is going to stop this?
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