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Putting Obama on Hold, in a Hint of Who’s Boss

Publié par Clifford Armion le 15/12/2009

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Chris Nicholson

"Now that Citigroup has given back its bailout money and Wells Fargo announced late on Monday that it would, too whatever leverage Washington had over the financial services industry seems to be quickly eroding, The New York Times's Andrew Ross Sorkin writes in his latest DealBook column.

"Executive compensation, leverage limits and lending standards were all issues that Washington said it planned to change and when the taxpayers were the shareholders of these firms, it probably could have done so. But now the White House has been left in the position of extending invitations, rather than exercising its clout, Mr. Sorkin writes. And in the figurative and literal sense, it is getting stood up."

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Pour citer cette ressource :

"Putting Obama on Hold, in a Hint of Who’s Boss", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), décembre 2009. Consulté le 13/07/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/putting-obama-on-hold-in-a-hint-of-who-s-boss