Shlaes: Recession Repeat Lurks Within White House Truce

by Benjamin Domenech on 10:39 am December 15, 2009

Shlaes on the White House’s challenge in dealing with bankers: “‘Fat cats’ is what President Barack Obama just called bankers. He also invited them to the White House this week. The reason for the mixed message is that the president is cross with banks: they have refused to heed his orders to lend.”

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