Monday, November 7, 2011

Shocker: Wall Street firms earned more in two and a half years of the Obama presidency than all 8 years of the Bush presidency

Will liberals now "Occupy" the White House?
(GOP)- “During Obama’s Tenure, Wall Street Has Roared Back, Even As The Broader Economy Has Struggled.” “But both sides face an inconvenient fact: During Obama’s tenure, Wall Street has roared back, even as the broader economy has struggled.” (Zachary A Goldfarb, “Wall Street’s Resurgent Prosperity Frustrates Its Claims, And Obama’s,” The Washington Post, 11/6/11)

“The Largest Banks Are Larger Than They Were When Obama Took Office” And Their Profits Are Near The Same Heights As They Were In 2008. “The largest banks are larger than they were when Obama took office and are nearing the level of profits they were making before the depths of the financial crisis in 2008, according to government data.”  (Zachary A Goldfarb, “Wall Street’s Resurgent Prosperity Frustrates Its Claims, And Obama’s,” The Washington Post, 11/6/11) 

Wall Street Firms Have “Earned More In The First 21 / Years Of The Obama Administration Than They Did During The Eight Years Of The George W. Bush Administration.” “Wall Street firms — independent companies and the securities-trading arms of banks — are doing even better. They earned more in the first 21 / years of the Obama administration than they did during the eight years of the George W. Bush administration, industry data show.” (Zachary A Goldfarb, “Wall Street’s Resurgent Prosperity Frustrates Its Claims, And Obama’s,” The Washington Post, 11/6/11) 


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