The President Meets with the 'Fat-Cat' Bankers

On 60 Minutes last night, President Obama said he "did not run for office to be helping out a bunch of fat-cat bankers." Today, after meeting with Wall Street executives at the White House, he reminded banks that had been bailed out by American taxpayers that they owed an "extraordinary commitment" to help rebuild the economy. The President warned that he would not let lobbyists thwart reform financial efforts. Binyamin Appelbaum covers national banking for the Washington Post.