Barack Obama is starting to go to war with the banks.
It only took a year, but Obama recently unveiled a handful of policies designed to rein in too big to fail financial institutions. So what took so long? Why, after a year of Obama being BFF with the banks, is he bringing back anti-bank populism?
Well, it's because for the first time, Obama didn't listen to Larry Summers, his top economic adviser and Wall Street's man inside the White House. Obama needs to make this a habit and kick out Summers
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