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Article: Lehman lessons lost with Obama, experts say.(Business)
- Article from:
- Daily Herald (Arlington Heights, IL)
- Article date:
- September 18, 2009
CopyrightCOPYRIGHT 2009 Paddock Publications. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Alison Fitzgerald and Christine Harper Bloomberg News
Less than 24 hours after his swearing-in ceremony, U.S. Treasury Secretary Timothy F. Geithner surprised Camden R. Fine with an invitation to a one-on-one meeting about the financial crisis.
"I about fell out of my chair," said Fine, president of the Independent Community Bankers of America, a Washington-based trade group with about 5,000 members. He was in a corner office overlooking the White House at the Treasury Department the next morning, telling Geithner that behemoths such as Citigroup Inc. and Bank of America Corp. were a menace, he said.
"They should be broken up and sold ...