Monday, July 20, 2015

The Sarcasm Report v.222

July 20, 2015
Wall Street Lenders Growing Impatient With U.S. Shale Revolution

“They certainly don’t want to push anybody over the edge because the last thing the banks want to do is to try to run a company,” said Robert Gray, a partner at law firm Mayer Brown LLP who has worked on company restructuring.

Speaking as a taxpayer who is on the hook for trillions of dollars in banking bailouts, I can certainly understand their concern. I have often thought that the top bank executives should not be running companies. That's especially true of bank executives running banking companies.

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