{"id":17614,"date":"2010-01-30T20:50:26","date_gmt":"2010-01-30T20:50:26","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/francesco_guerrera_in_the_ft_obamas_one-two_punch_misses_its_target\/"},"modified":"2010-01-30T20:50:26","modified_gmt":"2010-01-30T20:50:26","slug":"francesco_guerrera_in_the_ft_obamas_one-two_punch_misses_its_target","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=17614","title":{"rendered":"Francesco Guerrera in the FT: Obama\u2019s one-two punch misses its target"},"content":{"rendered":"<p>&#8230;it should not be impossible for a president who pledged to change Washington\u2019s culture to introduce a note of competence and sobriety in his justifiable fight against banks.<\/p>\n<p>Not that the financial industry has done much to deserve a more adult debate. Wall Street\u2019s normally loquacious titans have so far been deafeningly silent. Their contributions to a battle that could shape their industry for years have been limited to private rants and a misguided attempt at suing the government. (Only bankers could think that hiring lawyers would increase their popularity.)<\/p>\n<p>Here is a novel idea for banking chiefs: get down from your ivory towers and propose (not lobby for, propose) a plan to reduce reckless risk-taking without harming the financial system or the economy. A nation awaits.<\/p>\n<p><a href=\"http:\/\/www.ft.com\/cms\/s\/0\/abc4e780-0cfd-11df-a2dc-00144feabdc0.html?nclick_check=1\">Read the whole piece<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230;it should not be impossible for a president who pledged to change Washington\u2019s culture to introduce a note of competence and sobriety in his justifiable fight against banks. Not that the financial industry has done much to deserve a more<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=17614\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,149,616,151,667,585,596],"tags":[],"class_list":["post-17614","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-economy","category-office-of-the-president","category-politics-in-general","category-president-barack-obama","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17614"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/17614\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}