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Bank Execs Meeting With Obama
Christina Bellantoni | December 14, 2009, 11:21AM
President Barack Obama
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President Obama today is huddling with big bank executives to detail his plans for economic recovery and financial reform and to ask them to help jumpstart small business lending.
Bank of America, Citigroup, JP Morgan Chase and Goldman Sachs will be among those represented.
Representatives of the big banks told Politico they will tell Obama they will "step up and take additional steps to promote economic recovery."
White House Chief of Staff Rahm Emanuel, adviser Valerie Jarrett and economic team members Christina Romer, Larry Summers and Treasury Secretary Timothy Geithner will be there, along with Vice President Joe Biden.
The full list of financial industry attendees after the jump.
Members of the Financial Services Industry Expected to Attend:Ken Chenault, President and CEO, American Express
Richard Davis, Chairman, President, and CEO, US Bancorp
Jamie Dimon, Chairman and CEO, JP Morgan Chase
Richard Fairbank, Chairman and CEO, Capital One
Bob Kelly, Chairman and CEO, Bank of New York Mellon
Ken Lewis, President and CEO, Bank of America
Ron Logue, Chairman and CEO, State Street Bank
Gregory Palm, Executive Vice President and Chief Counsel, Goldman Sachs
Jim Rohr, Chairman and CEO, PNC
John Stumpf, President and CEO, Wells Fargo
NOTE: Due to inclement weather the following members of the financial services industry that were previously expected to participate are now unable to attend, but will be connected via conference call to the meeting:
Lloyd Blankfein, Chairman and CEO, Goldman Sachs
John Mack, Chairman and CEO, Morgan Stanley
Dick Parsons, Chairman, Citigroup
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Why oh why
December 14, 2009 12:04 PM
You know what this means... Another $700 billion for the banksters!
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tiowally
December 14, 2009 1:36 PM
In a just world Obama would use this opportunity to arrest them all in one fell swoop. Instead they will merely drop off their Christmas lists, eat the free lunch, and then haul ass to Aspen in their private jets.
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Libertine
December 14, 2009 1:47 PM
Due to inclement weather? WTF is that about? There are no big storms affecting the East Coast.
I can hear Obama now..."C'mon guys lend the money and raise the interest on it to usury levels if you have to. I understand you're entitled to make a profit."
Like they are going to listen to him in any event. He gave them their bailout and they have a high priced cadre of lobbyists to make sure congress doesn't pass anything they don't approve of.
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