Reuters – A few years ago, Larry Summers, then the director of President Barack Obama’s National Economic Council, held a private meeting with some of Wall Street’s top bankers and executives.
Although the worst of the financial crisis was over by then, Summers – now seen as a candidate to be the next chairman of the U.S. Federal Reserve – chastised bankers for being out of touch, saying they didn’t understand how angry average Americans were with them, according to a participant in the meeting.
