Is the new trend higher consumer confidence and higher unemployment?
It is startling to think about the recent backlash against the banks. Robin Knight from cnbc.com wrote, ‘Bank of America is not too big,’ Moynihan said at the World Economic Forum in Davos, Switzerland. ‘Big by definition is not the question, it's a question of how you conduct your activities, how you manage activities and how you manage risk.’"
President Barack Obama delivers his State of the Union address this evening with the hard pivot to the economy, jobs and financial reform on full display with a focus on tax credits for small business ... House Committee on Oversight and Government Reform holds much hyped hearing on federal efforts to bail out AIG with Treasury Secretary Timothy Geithner today.