Obama Tax Prompts Put-Upon Bankers to Break Out Violins, as reported by Chris Ferrell in BusinessWeek:
…What is it that has bankers upset? The Administration wants to charge banks a fee that is expected to raise some $90 billion over 10 years. (The two biggest U.S. banks, Bank of America [BAC] and JPMorgan, will be on the hook for $1.5 billion each, according to a report by Wisco Research analyst Sean Ryan.)….
This measure may not be the best answer, but any attempt to hold lenders accountable for bailout funds they received makes me want to celebrate with Ukulele music, not whine with a violin…
Got Uke? Aldrine Guerrero on YouTube