Five years after Lehman, Americans still angry at Wall St. : Reuters/Ipsos poll

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http://www.reuters.com/article/2013/09/15/us-wallstreet-crisis-idUSBRE98E06Q20130915

(Reuters) - A few years ago, Larry Summers, then the director of President Barack Obama's National Economic Council, held a private meeting with some of Wall Street's top bankers and executives.

Although the worst of the financial crisis was over by then, Summers - now seen as a candidate to be the next chairman of the U.S. Federal Reserve - chastised bankers for being out of touch, saying they didn't understand how angry average Americans were with them, according to a participant in the meeting.

A spokeswoman for Summers said it sounded like something he might have said, though she did not provide more specific confirmation.

Five years after the collapse of Lehman Brothers and two years after the start of the Occupy Wall Street movement, Wall Street has drastically changed under an onslaught of new regulations and by some accounts become more conscious of its image on Main Street.

[Squinch]

1. "Wall street has drastically changed." Hilarious.

This is interesting in that it reads like a press release from some Wall Street public relations team.

Wall Street has changed almost nothing about the way it does business. No one but Elizabeth Warren is talking about how to prevent another Lehman, and the bankrupting of huge swaths of the American population. Again.

I wish they'd just restore Glass Steagall and cut this shit out. But I doubt it will happen.

Funny, too, how Reuters is painting Larry Summers as some kind of wise father in all this.

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2. it does read like a press release -- and all of this happening while paulson

is on his rehabilitation tour.

[Squinch]

3. And Summers is trying to make himself look human while he awaits his coronation.

I so hope he doesn't get it.

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4. honest to god -- that man doesn't have a 'good side'.

he will never be ready for his close up, mr demille.

[KG]

5. i was born at night but not last night....