Obama Must Confront Complexity in Structuring New Fee

Business Week by Hans Nichols, Ryan Donmoyer | Jan. 12, 2010 (News Report)

President Barack Obama plans to raise as much as $120 billion through a fee on financial institutions to help recoup losses from the Troubled Asset Relief Program and reduce the deficit, according to an administration official. Full Story »

Posted by Kaizar Campwala - via Business Week , Google News (U.S.)

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Richard Riehl
4.0
 by Richard Riehl - Jan. 13, 2010

A good overview of what the challenges are to the administration in its efforts to calm the political storm created by the huge profits banks are making while unemployment stands at 10%.

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