Bankers leading Treasury by the nose ring
April 17, 2009
Who is calling the shots? Treasury or the bankers themselves?
When the bankers called “Help” Treasury threw the rope and pulled them in yet they turn around and jump back into the turbulent water and say to Treasury, “Take your rope, I can’t live the way I want to live with this dang rope attached. As for your silly stress test we are passing with flying colors and we will flaunt that publicly though you don’t want us to. We will accept your increased FDIC guarantee, too, because no rope is attached to that blessing.”
In other words, keep your nose out of our business.
Despite my strong desire to sustain a capitalistic, free market system and keep it alive and well, it would be so tempting — were I in such a position to do so — to kick out the executives and say I will run your stinking bank.
It’s just another demonstration of how these powerful execs care nothing about us on Main Street.
