Friday, April 03, 2009

Obama: Tough on CEOs at White House

President Barack Obama has been taking some flack from MSNBC because he was tougher on the auto companies than he was with the Wall Street financial firms that wrecked our economy. The Huffington Post now reports that Obama talked tough to the Wall Street CEO's at The White House.

I certainly hope this is true and not merely damage control spin.

In depressing news, however, it appears as if a regulation designed to forbid companies which receive TARP money from handing out merit-less-based "retention bonuses" was dropped from the senate bill.

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