NBC Evening News for Monday, Dec 14, 2009
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(White House: Savannah Guthrie) President Obama's White House meeting with bank executives reviewed; details given about the decrease in government leverage as banks pay back bailout money. [OBAMA – notes banks received assistance from taxpayers and now they must help get the economy moving; criticizes Wall Street for lobbying against financial reform.] [From “60 Minutes,” OBAMA – says the people on Wall Street still do not get it.] [Harvard University Ken ROGOFF- calls the government backing of banks an odd situation.] [US Bancorp CEO Richard DAVIS- says we’re going to work together.] Bank of America’s plan to increase small and medium-sized business lending noted.
(Studio: Brian Williams, Steve Liesman) Obama’s leverage over the bankers and his browbeating of the bank industry discussed.