This is about when I would start looking for the lifeboats. Joe “F off” Biden tells CNN in one of the longest most excruciating answers to a simple question I have ever heard, says no, Obama does not intend to fire CEOs at the banks. This coming on the heals of Tres Secretary Geithner telling Bob Scheiffer “We will fire you.” Damn no wonder Wall Street can’t decided which way to go.
Hmmm. Now that I have listened to it, sounds like there’s some wiggle room there. Oh and here’s the Geithner bite. Also long an excruciating.
What this comes down to is this. Wall Street will continue founder, and Business will continue to freeze employment until it gets a clear message from this administration on a direction. And it does not look like they are capable of a straight story.