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Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)

 
Ohio chic
I never leave red. ONLY green!

User ID: 47118543
United States
10/02/2013 02:52 PM

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Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
15 Bankers just paid a visit to the White House, listened to President Obama, and explained what a total disaster it would be if the US debt-ceiling is breached and Treasuries technically default. While the politicians exclaimed how bad a government shutdown would be, the banks have turned the panic dial to 11 as Goldman's Lloyd Blankfein noted, bankers are “in a position to really know early what the consequences are,” and it would be catastrophic.

[link to www.zerohedge.com]
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MaybeTrollingU

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Brazil
10/02/2013 02:54 PM

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Re: Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
15 Bankers just paid a visit to the White House, listened to President Obama, and explained what a total disaster it would be if the US debt-ceiling is breached and Treasuries technically default. While the politicians exclaimed how bad a government shutdown would be, the banks have turned the panic dial to 11 as Goldman's Lloyd Blankfein noted, bankers are “in a position to really know early what the consequences are,” and it would be catastrophic.

[link to www.zerohedge.com]
 Quoting: Ohio chic


Quoting the mod Chip: The suits are in panic mode.
Mrbillybadass

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United States
10/02/2013 02:57 PM
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Re: Bankers Warn Obama, Don't Mess With The Debt Ceiling (Again)
Wait...so are we screwed either way? Sounds like they're talking about if debt ceiling is raised we're done, but if we don't then we default anyway.

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