American Bankers Assoc to Prez: Stop talking trash about us

[katty]

more: http://www.politico.com/news/stories/0209/19418.html

The American Bankers Association has a message for the president: Stop talking trash about banks.

In his unofficial State of the Union address Tuesday night, Barack Obama said that it's "unpopular ... to be seen as helping banks right now, especially when everyone is suffering in part from their bad decisions."

In a letter to the White House, ABA CEO Edward Yingling says bankers across the country were "disappointed and concerned" with rhetoric like that.

"Mr. President, of the over 8,000 banks in this country, very few ever made a single subprime loan, and they did not engage in the highly leveraged activities that brought down Wall Street firms," Yingling said.

[Still Sensible]

1. They may have a little point there

and perhaps the President should have said "...to be seen as helping giant banking corporations right now, especially when everyone is suffering in part from their bad decisions."

But that's kind of nit-picky. With the mood right now in this country, bankers in general should shut the fuck up and stay out of sight.

[DJ13]

2. Hey bankers, F you

Obama has been DEFENDING your industry by refusing to nationalize you.

He should begin talking about seizing your assets to pay for the damage your reckless, greedy business decisions have cost the entire country.

Would that be better?

[katty]

4. thank you!!

[bemildred]

5. Ditto that. nt

[Skink]

3. A run on bank stocks is occuring.