Brian Moynihan, Bank Of America CEO, Obama's New Wall Street Ally

Bloomberg:

The Obama administration has found a banker it can do business with: Bank of America Corp.'s Brian Moynihan.

Read the whole story: Bloomberg

Comments

[jcaunter]

08:10 AM on 05/14/2010

Yeah right.

All of the Wall Street bankers are Obama's allies; they are *all* insolvent, in every meaning of the word, and the only reason they still exist is because they were "savvy" enough to become best buds with Obama.

[Carolab]

03:02 AM on 05/14/2010

Still, Finucane says Moynihan isn’t on board with all the regulatory proposals. His bank wants any regulation to pre-empt tougher state laws, even on the proposed consumer agency, and he has misgivings about a proposal to restrict derivatives trading by commercial banks, she says.

_________

Then what good is he?

[PhilipTaylor]

10:50 PM on 05/13/2010

CORPORATE RUN GOVERNMENT = FASCISM!

$9.5 Million/ Senator from Wall Street on average every 4 years! BIG 01L??

1. 01L Rig Cost MINIMIZED! Record Profits! Maximum Fish and Wildlife K1LL!
2. Health Insures - Record Rate Increases - Record Profits! Worst Cost in WORLD!
3. Wall Street - Record BAILOUTS from Taxpayers - to Cover $650 Trillion in Toxic Waste - Record Profits and Record Bonuses and Incomes greater than the Deficits of all 50 States!

FASC1SM!

But don't worry Wall Street just upgraded Halliburton and Transocean!
_____________________

As long as Corporations can buy VOTES+SENATORS+ELECTIONS+LAWS America is D00MED!

Buffett owns Ben Nelson!
Wall Street OWNS the VAST MAJORITY!
BIG 01L OWNS a large number!

[JBS]

08:28 PM on 05/13/2010

Smoke and mirrors. I trust this guy just about as far as I can throw him and his corporate jet.

[tribilin219]

06:17 PM on 05/13/2010

Great they can both go job hunting in 2012! Obama backstab us in Health care with no one payer bill, And new energy bill with his NOW drill baby drill, Let's see what's going to happen with the banks?

[Carl Caroli]

06:08 PM on 05/13/2010

Investigative Reporters: Please check recent campaign contributions to the DNC from BofA. There's almost almost a link. And in Obama's case.....

[OleProfessor]

02:51 PM on 05/13/2010

Obama is a complete fraud, no man of the people, he sold us out before he even took the oath of office!

[northstar11]

01:17 PM on 05/13/2010

it this a case of keep you friends close and your enemies closer ---being played be the banksters

[WhatChanged]

12:58 PM on 05/13/2010

Isn't that nice. Wall Street's kitty kat has a new BFF. I'm so happy for him

[Wendy Davis]

12:18 PM on 05/13/2010

A friend of mine stated this: I dont know if its age or frustration at what I belieebee is becoming a more cavelier corporate attitude of "private profits -public liability syndrom"

He doesn't use spellcheck but other than that he is right. This attitute cannot continue. Americans are not "spoiled." Americans have been dumb downed and brainwashed. They have been left with putting their money in the DOW to compound it so they can make a living because as we know, cost of living raises ended about 30 years ago. The campaign to get corporate hands on public assets was done with all the expertise of a hit Broadway Show. Now the assets are gone, the Americans, offered teaser and bait and switch loans are in heavy debt and the jobs have gone to slave labor.

With all due respect, nothing is really going to change until the anger and frustration hits the streets. Speeches behind podiums mean nothing. Voting means nothing because politicians appear to say one thing and do another. Until there is a fear from public response, you cannot expect anything to change. Money is alluring and as my ex-husband once said, "Anyone can be bought."

[BBackSoon]

01:58 PM on 05/13/2010

But everyone is too busy enjoying $4 coffee while driving a SUV that gets 12mpg of $3 a gallon gas on their way to a $300k home to watch American Idol on a 60in Flat Screen TV.

I know that is blatantly wrong but it is appropriate. I have seen Big Screen TV's in trailers. I see people that drive cars that are worth more than their house. People without a pot to pi$$ in will go out and eat fast food 8 times a week. And then complain that they don't think it is fair to cap CEO wages since one day that might be them.

[Wendy Davis]

09:29 PM on 05/13/2010

Welll, that is where "dumbed down" comes in. Make the masses uneducated, unsophisticated, keep them in debt and what you have is: Oppression

[Boxerman]

05:18 PM on 05/13/2010

I agree with you wendy

[Wendy Davis]

09:31 PM on 05/13/2010

Those words are music to my ears :) I am new new fan and will follow you anywhere.

[mountainweb]

11:09 AM on 05/13/2010

Wow, a CEO with commonsense to realize that he has to change a totally corrupt business in order to survive....

[BBackSoon]

01:59 PM on 05/13/2010

Yea but what's with the smoke and why is my backside warm.

[shivasquest]

10:57 PM on 05/13/2010

Who is changing whom?