Post by Forever Sunshine on Nov 13, 2012 21:51:54 GMT -5
Obama Snubs Wall Street: No Invites For Finance Chiefs On Fiscal Cliff Talks
You might think that the men leading the U.S. financial system might have an idea or two (or three) about what to do about the fiscal cliff, that series of tax hikes and spending cuts that threatens to hurtle the economy into recession. Wall Street, however, is not very welcome on Pennsylvania Avenue.
So it would seem after glancing at the list of corporate chieftains invited to the White House tomorrow to chat with the president about the fiscal cliff. It’s a who’s who of American power: Wal-Mart’s Mike Duke, Ford’s Alan Mulally and PepsiCo‘s Indra Nooyi will all stop by for an Oval Office talk with Obama. In all, 12 business titans will attend. And labor leaders will meet the president today; Congressional talks among Democrat and Republican leaders begin Friday.
www.forbes.com/sites/abrambrown/2012/11/13/obama-snubs-wall-street-no-invites-for-finance-chiefs-on-fiscal-cliff-talks/
You might think that the men leading the U.S. financial system might have an idea or two (or three) about what to do about the fiscal cliff, that series of tax hikes and spending cuts that threatens to hurtle the economy into recession. Wall Street, however, is not very welcome on Pennsylvania Avenue.
So it would seem after glancing at the list of corporate chieftains invited to the White House tomorrow to chat with the president about the fiscal cliff. It’s a who’s who of American power: Wal-Mart’s Mike Duke, Ford’s Alan Mulally and PepsiCo‘s Indra Nooyi will all stop by for an Oval Office talk with Obama. In all, 12 business titans will attend. And labor leaders will meet the president today; Congressional talks among Democrat and Republican leaders begin Friday.
www.forbes.com/sites/abrambrown/2012/11/13/obama-snubs-wall-street-no-invites-for-finance-chiefs-on-fiscal-cliff-talks/
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