Screw them. It's hard to understand why any of the bankers were invited but it would have made a mockery of the feeble "reform" if anyone invited Goldman Sachs and JP Morgan executives. Those two organizations more than any others fought against reform and are responsible for the watered down, poor excuse for reform that Washington thinks is impressive. (Hey, I didn't get a harrumph out of that guy!) Jamie Dimon and Lloyd Blankfein are a couple of spoiled brats who can't be happy with anything. They should be thankful that the Democrats are fearful of their own shadow and crumbled to Wall Street-GOP opposition to reform.
Something tells me they will be just fine now that they get to keep their bonuses and exclusive lifestyles thanks to the bailout. Boo hoo.
The White House’s decision not to invite the chief executives of JP Morgan Chase and Goldman Sachs to today’s ceremonial signing of the financial overhaul legislation has many on Wall Street fuming.
JP Morgan CEO Jamie Dimon and Goldman Sachs chief Lloyd Blankfein were both left off the invitation list for the signing of the Dodd-Frank financial reform bill into law.
Rivals at other major financial firms—including the heads of Citigroup, Bank of America, Barclays, and Morgan Stanley—got invitations.
“Basically, the White House made the decision to invite only the banks that were most sycophantic in the run-up to the passage of Dodd-Frank,” one senior Wall Street executive said.
