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December 14th, 2009
05:16 PM ET

Mr. President, talk is cheap for bankers

Kenneth Lewis is the CEO and chairman of Bank of America, the nation's largest bank.

Kenneth Lewis is the CEO and chairman of Bank of America, the nation's largest bank.

Roland S. Martin
CNN Political Contributor

If you told me that I could take billions of dollars in bailout money from the government and shower myself and my fellow comrades on Wall Street with $140 billion in bonuses – and all I have to take is a tongue lashing from the president and nothing more, tell me where to sign up.

President Barack Obama and his administration have undertaken their latest round of berating Wall Street for its bad ways.

On CBS’ “60 Minutes” Sunday, the president bristled at questions about helping the banks, saying "I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.”

You didn’t, but you have. In your defense, this economy stinks, and the mess of the Troubled Assets Relief Program was left behind by President George W. Bush’s Treasury Secretary Hank Paulson, and you and your administration have been trying to figure it out, to no avail.

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Filed under: Economy • President Barack Obama
soundoff (5 Responses)
  1. katie

    HC would have gotten a much better healthcare pkg and would have better approval ratings at this point in time. What kind of joke is this – so much hype by the media in electing President Obama and he does worse than any other democrat would have done. He is a Republican – since he can't get his own party to pass his agenda. He has not accomplished one democratic policy – only republican. This is a bad joke,

    December 14, 2009 at 7:45 pm |
  2. Guillermo Aguilar

    I do believe Mr:Obama is only acting with these Bankers, you can't trust on Bank Institution's and Obama's Administration, soon or later will see they will be again reloaded with more tax payers money !,..

    December 14, 2009 at 7:20 pm |
  3. Larry

    Bank of America, hmmm; don't they have a symbiotic relationship with Barney Frank?

    December 14, 2009 at 7:19 pm |
  4. am

    Obama gives himself a B+ and a possible A-. Obama has not helped anybody but the rich and wealthy. He cannot even get a decent healthcare package passed. No public option, no medicare expansion – why did anyone vote for him. He has done absolutely nothing to help the middle class. He gets a big fat F. I am completely disgusted.

    December 14, 2009 at 6:46 pm |
  5. Tim Gibson

    What is cheap is giving yourself a B+ when the polls show a failing mark.

    December 14, 2009 at 6:03 pm |