Wall Street Execs Whine To Politico About Their Hurt Feelings
http://www.huffingtonpost.com/2010/12/28/wall-street-whines-to-pol_n_801935.htmlJason Linkins | jason@huffingtonpost.com | HuffPost Reporting
This morning's Politico features another piece ("Obama and Wall St.: Still Venus and Mars") in a continuing series that presents us with Wall Street people of varying renown whining about all those times White House higher-ups have ever-so-mildly allowed certain language to slip from their larynxes that makes the financial industry out to be some kind of villain for that time their over-leveraged, incompetent speculation led to the near-collapse of the entire economy and required taxpayers to shovel untold billions of dollars at too-big-to-fail banks so that they could survive. They are sad, you see, and the record-setting profits they have made are no comfort to them, because hey, maybe The Huffington Post will say something really mean! That is literally a thing that appeared in a newspaper, today!
But despite recent White House efforts to reach out to Wall Street, bankers believe Obama is much more worried about perceptions on the left.
As evidence, bankers point to recent White House meetings with labor leaders, Geithner's dinner with the heads of progressive groups, and Vice President Joe Biden's recent pledge to fight against the top-rate tax cuts again in two years.
And it is this, as much as anything, that gets under Wall Street's collective skin.
"All that people in this White House seem to worry about is what the Huffington Post is going to say if they do something, anything, remotely pro-business," one financial executive said. "They really don't care what we think at all."