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Steven Perez
Obama presses 'fat-cat bankers' to lend, but has no real leverage / The Christian Science Monitor - CSMonitor.com - http://www.csmonitor.com/USA...
Obama presses 'fat-cat bankers' to lend, but has no real leverage / The Christian Science Monitor - CSMonitor.com
"So did the meeting advance the ball at all on the nation’s credit issues? Obama called it a “candid and productive meeting,” but he did not come forth with any concrete deliverables. There were hints that the assembled men were telling the president what he wanted to hear – such as when they said they supported financial regulatory reform. But, as Obama went on to note, “there’s a gap between “what I'm hearing here in the White House and the activities of lobbyists on behalf of these institutions or associations of which they're a member up on Capitol Hill.” Obama added that he “urged them to close that gap, and they assured me that they would make every effort to do so.”" - Steven Perez from Bookmarklet