How Obama Got Rolled by Wall Street
Michael Hirsh, Newsweek
Photos: The Recession's WinnersBarack Obama was "incredulous" at what he was hearing, said one of his top economic advisers. The president had spent his first year in office overseeing the biggest government bailout of the financial industry in American history. Together with Federal Reserve chairman Ben Bernanke, he had kept Wall Street afloat on a trillion-dollar tide of taxpayer money. But the banks were barely lending, and the economy was still mired in high unemployment. And now, in December 2009, the holiday news had started to filter out of the canyons of lower...
http://www.realclearpolitics.com/2010/08/29/how_obama_got_rolled_by_wall_street_240594.html
