Surprise! Banks doing better under Obama than under Bush:
“The verbal fireworks between the banking industry and the Obama administration (“fat cat bankers” vs. “punitive regulators”) might have led you to believe that the years since Bush was president have been tough ones for Wall Street.
But articles in this week’s Huffington Post and Washington Posthave both pointed out that the Obama years have been financial boom times for bankers, with Wall Street institutions earning more in the first 2 ½ years of this administration than they earned during the previous eight years under George W. Bush.”
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