Tag Archives: banks

Last Call

During the holidays Clark called me and said, “Ed, you’re lookin’ like a fool with your pants on the ground.” And I said, “What?!?” And he said, “Oh, nevermind, it’s just something I’ve been working on with a client. It probably won’t go anywhere. “The real reason I’m calling is this….” He went on to […]

CEO in Chief at the Business Roundtable

President Obama had a good appearance yesterday before the Business Roundtable, a collection of CEOs from top companies. In his remarks, and particularly in the Q and A, the president sounded like the pragmatic, facts-first leader that drew many non-traditional Democratic supporters to him. His remarks on cap-and-trade were especially encouraging. While his insistence that […]

Throw Your Hands in the Air

If you want to know everything – and I mean everything – that happened at today’s bank CEO hearing in the House, check out the Wall Street Journal’s Deal Journal, which live-blogged the entire event. You’ll notice that at 1:32 pm (seriously, they blogged everything), the CEOs were asked to raise their hands if their company […]

Bankers on the Hill

Major bank executives are appearing before Barney Frank’s House Financial Services Committee this morning. Major messages: We are lending more; we won’t be foolish with TARP money. Bonus points if you can say you didn’t get a bonus last year. Morgan Stanley’s John Mack gets double extra credit for not taking a bonus in 2007 […]