Dienstag, 31. März 2009

Obama, Execs Let Bygones Be Bygones...for Now

Missed Friday's Cavuto ? Catch "The Deal" right here on FOXBusiness.com

12 angry men --- give or take -- who damn well better keep it to themselves.

Here's the deal:

Skip the lecture, take the cannolis.

You know...You just "know" the dozen or so bank execs who descended on the White House today for what had all the trappings of a last supper...Only this was lunch...Didn't want to be there.

But the President called. And so they came. They all came...no doubt, to be lectured on spending money wisely from a guy whose budget spends money like crazy.

But the point of this pow-wow wasn't to be mean...But be clear.

The President needs them. They need the President.

Let press-bashing bygones be bygones.

Sure, he's called them reckless, foolish, and selfish.

But now he needs them lending, buying, and soaring.

And lately all their stocks have been soaring.

I'm sure more than a few of this gathering at the White House reminded the President that they've been soaring since he's stopped bashing.

Maybe not. But definitely this:

He needs them. All of them. To buy up or work with those who will buy up toxic financial assets so that they're no longer a pain in the nation's assets.

The President better hope they're still not ticked.

Because this time, his guests hold the aces.

And man, what a pain in the ace it'll be if they ever decide to return the nastiness.

Get ready. This just got very interesting.


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Obama, Execs Let Bygones Be Bygones…for Now