Obama Reminds Bankers Who’s Boss


Lloyd Blankfein wasn’t physically present at today’s meeting in Washington, but Obama did his best to remind the Goldman Sachs CEO who his boss was: that is, God. In his remarks after the meeting, the president paraphrased a passage from the Bible’s Gospel of Luke, “Parable of the Rich Landowner,” which Bethany Maclean also quoted in her recent Vanity Fair piece. “From those who have been given much, much will be demanded.” “America’s banks received extraordinary assistance from American taxpayers to rebuild their industry,” Obama said. “Now that they’re back on their feet we expect an extraordinary commitment from them to help rebuild our economy.”

Obama Tells Bankers That Lending Can Spur Economy [NYT]
The Bank Job [VF]
Earlier: World Fails to Get Lloyd Blankfein’s Joke