Bankers and Obama Have a SitdownBy
Following a White House meeting more likely to affect the tone surrounding the bailout of financial institutions than the substance of the rescue plan, executives from the nation's leading banks pledged on Mar. 27 to work with the Obama Administration to get the economy moving again. The summit capped a week in which the Administration detailed its plan to cleanse bank balance sheets of toxic assets and laid the groundwork for stricter regulation on Wall Street.
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