Obama: I Didn't Run For Office To Help 'Fat Cat Bankers'
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more from News and Politics:
http://www.commondreams.org/headline/2009/12/12-3?page=1
What is this guy talking about lolPresident Obama takes aim at "fat cat bankers" and their aggressive lobbying efforts to defeat financial reform in an upcoming 60 Minutes interview set to air Sunday evening.
(L-R) Goldman Sachs CEO Lloyd Blankfein, American Express CEO Ken Chenault, Bank of America CEO Ken Lewis and American Bankers Association CEO Edward Yingling outside the White House in March. US President Barack Obama has hit out at Wall Street "fat cats," expressing anger that bailed out banks are planning huge bonuses as millions battle poverty and unemployment. (AFP/File/Nicholas Kamm)"I did not run for office to be helping out a bunch of fat cat bankers on Wall Street," Obama tells 60 Minutes' Steve Kroft. "What's really frustrating me right now is that you've got these same banks who benefited from taxpayer assistance who are fighting tooth and nail with their lobbyists ...up on Capitol Hill, fighting against financial regulatory control."
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- groups:
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- tags:
- Obama, Economy, Goldman Sachs
