Obama Will Accept Nomination at Bank of America Stadium

[sad sally]

136. This will just mean that those wall street bankers will have to pony up a bit more campaign cash.

Remember B of A's Moynihan was regular visitor at the WH during 2010. A person Valerie Jarrett said was “... willing to come to Washington and roll up his sleeves and work on the issue.”

The Obama administration has found a banker it can do business with: Bank of America Corp.’s Brian Moynihan.

While many U.S. banks’ chief executive officers publicly oppose at least some elements of President Barack Obama’s plan for financial regulation, Moynihan, 50, is winning White House praise for his stance. He backs a consumer financial protection agency, addresses shortcomings the administration finds with his bank’s home-loan modification program, and pursues small- business initiatives in collaboration with the White House, Bloomberg Businessweek reports in its May 17 issue.

http://www.bloomberg.com/news/2010-05-13/moynihan-becomes-obama-s-top-wall-street-ally-on-financial-rules-overhaul.html?xid=huffbl?du

“Despite his rhetorical attacks on Wall Street, a study by the Sunlight Foundation’s Influence Project shows that President Barack Obama has received more money from Wall Street than any other politician over the past 20 years, including former President George W. Bush. In 2008, Wall Street’s largesse accounted for 20 percent of Obama’s total take, according to Reuters… An examination of the numbers shows that Obama took in $421,242 in campaign contributions in 2008 from Bank of America’s executives, PACs and employees, which exceeded its prior record contribution of $329,761 to President George W. Bush in 2004… When asked by The Daily Caller to comment about President Obama’s credibility when it comes to criticizing Wall Street, the White House declined to reply.” Of course they did. What could they possibly say? “It doesn’t count when we get in bed with the evil bankers, because HEY LOOK OVER THERE!!!”

Read more: http://dailycaller.com/2011/10/10/thedc-morning-obama-bites-the-banks-that-feed-him/#ixzz1jkzV6Blg ?du