BUSINESS

Steven Pearlstein: Is Obama's On Wall Street's Side -- Or Main Street's?

03/18/2010 05:12 am ET | Updated May 25, 2011

Fairly or unfairly, the official who has come to personify this let-them-eat-stuffing attitude is Treasury Secretary Tim Geithner, who can't seem to decide whose side of the buffet table he's really on. It was Geithner who, at the height of the financial crisis last year, was able to best articulate the unpleasant truth that we could save the financial system or we could punish the banks but we couldn't do both at the same time. But now that the system has been saved, he seems to have lost his appetite for retribution.

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