Location: Pantego, Texas, United States

Monday, May 11, 2009

As expected, the government is considering termination of the CEOs of some of the major banks. It seems like it would be a good idea for Pandit of Citi and Lewis of BoA to start updating their resumes. Between them they gave about $675,000 to the Obama campaign. I suppose one outcome will be that their successors don't make the same mistake of giving so little: they will give a lot more. They will want to do that not as a bribe but because they desire good government, and, after all, Obama is the One.


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