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    Back to Which Way, L.A.?

    Which Way, L.A.?

    Banks Still Pose a Significant Headache for Obama

    President Obama reportedly told senior bankers in a private meeting that he is the only thing standing between them and the "pitchforks," but he himself is faced with alternatives that may increase public anger.

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    By Warren Olney • May 12, 2014 • 1 min read

    President Obama reportedly told senior bankers in a private meeting that he is the only thing standing between them and the "pitchforks," but he himself is faced with alternatives that may increase public anger. He has postponed the day of reckoning by subjecting the 19 biggest banks to "stress tests, supposedly to determine whether they have the capital to stay in business if the recession gets worse.

    The full episode

    1 of 3
    Water Conservation Measures Take Effect in Los Angeles
    1. 1:19Banks Still Pose a Significant Headache for ObamaYou’re reading this
    2. 26:53Council Holds Off on Name for LAPD Headquarters
    3. 33:01Water Conservation Measures Take Effect in Los Angeles
    • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

      Warren Olney

      former KCRW broadcaster

    • KCRW placeholder

      Christian Bordal

      Managing Producer, Greater LA

    • KCRW placeholder

      Katie Cooper

      Producer, 'One year Later'

    • KCRW placeholder

      Andrea Brody

      Senior Producer, KCRW's Life Examined and To the Point podcast

    • KCRW placeholder

      Ed Luce

      Financial Times

    • KCRW placeholder

      Kenneth Rogoff

      Harvard University

    • KCRW placeholder

      Felix Salmon

      chief financial correspondent for Axios

      News

    The full episode

    1 of 3
    Water Conservation Measures Take Effect in Los Angeles
    1. 1:19Banks Still Pose a Significant Headache for ObamaYou’re reading this
    2. 26:53Council Holds Off on Name for LAPD Headquarters
    3. 33:01Water Conservation Measures Take Effect in Los Angeles
    Back to Which Way, L.A.?