Skip to content, or skip to search.

Skip to content, or skip to search.

early and often

One Banker Is Definitely Not Getting an Invite to the White House Anytime Soon

The president is generally pretty even-tempered, but a few things make him angry. Leaks from inside the administration. Fox News. Fools who talk too much. Fool oil companies who screw up their pipelines and ruin the ocean. And those damn fat-cat bankers. One in particular, according to Jonathan Alter's new book, The Promise.


Obama later told a friend that the angriest he got as president in his first year was when he heard [CEO Lloyd] Blankfein justify his compensation by saying "that Goldman [Sachs] was never in danger of collapse. That was flatly untrue," Obama said.

"Let me get this straight," the president said."They're now saying that they deserve big bonuses because they're making money again. But they're making money because they've got government guarantees? These guys want to be paid like rock stars when all they're doing is lip-synching capitalism."

We have to hand it to the President, though. Even when he's furious, the man is good with the one-liners. Bet he never has that thing where he only thinks of a comeback after the fact.

Book review: 'The Promise' by Jonathan Alter [LAT via Business Insider]

0
Photo: Ron Sachs-Pool/Getty Images, Win McNamee/Getty Images