Financial Times

Let’s agree that a lot of bad stuff happened along the way to the 2008
financial meltdown and that a good portion of the responsibility can justifiably
be laid at the feet of the Wall Street community. Whether or not laws were
broken, the lack of discipline and inadequate controls around many lending and
risk taking practices certainly merit some version of the vigorous rethink of
the regulatory apparatus that is now in process.

Politico
I can’t speak to the accuracy (or inaccuracy) of much of Ron Suskind’s new book, “Confidence Men,” but based on attending almost daily meetings at the White House during the first six months of the Obama Administration, I can say this: Suskind’s narrative does not resemble my experience working for President Barack Obama, Treasury Secretary Tim Geithner and National Economic Council Director Larry Summers on the rescue of General Motors and Chrysler.

Financial Times

In a fusillade of debates and speeches President Barack Obama and his Republican challengers have firmly established the economic policy combat lines for next year. What an electoral battle it will be – a clash of ideologies the likes of which America has not seen in decades.