President Obama to Hold Banking Summit Monday
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President Barack Obama plans to hold a Banking Summit Monday, according to a Bloomberg report today.
Among those participating in the event, said to be a forum for discussing the president’s proposals to boost small-business lending and overhaul industry regulations, will be executives from 12 banks, including Citigroup, Goldman Sachs and JPMorgan Chase and others among the so-called “bailout banks.”
Will small business owners be represented at the one-day event? Doubtful.
Cartoon courtesy David Donar at Political Graffiti.