Obama Meets with Top CEOs About Economic Crisis

Published: Friday, 12 Aug 2011 | 12:44 PM ET Text Size By: Reuters

President Barack Obama is expected to meet Friday afternoon with chief executives from Johnson & Johnson [JNJ 63.36
0.66%) ],US Bancorp [USB 21.91 -0.08 (-0.13%) -0.53 (-2.36%) ], Wells Fargo [WFC 24.13 0.02 (+0.25%) -0.16 (-

],Xerox [XRX 8.01

], BlackRock [BLK 161.07

-0.91 (-0.56%)

]and Silver Bridge, according to a source

familiar with the plans. Obama is expected to talk about global economy, and job growth with the White House spokesman Josh Earnest said the hunt" for new job creation ideas and meeting. The White House has not yet released the Obama's hopes for reelection in 2012 will loweringunemployment, currently fractious debt talks. names of CEOs slated to attend. hinge on his success in pinned above 9 percent, boosting financial turmoil, the state of the U.S. executives. on Friday that Obama was constantly "on that would be on the agenda for the CEO

sluggish growth and restoring confidence lost from the Standard & Poor's downgrade and

RELATED LINKS What the Next Global Financial Crisis Will Be Like Market Calm Not Happening Yoshikami: 2008 vs. 2011: A Different Crisis Copyright 2011 Thomson Reuters. Click for restrictions.

TOPICS:Stock Market | Economy (Global) | Economy (U.S.) | Unemployment | Barack Obama |Politics and

Government SECTORS:Financials COMPANIES:Xerox Corp | US Bancorp | Wells Fargo and Co | Johnson and Johnson

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22 Comments Total

COMMENTS
No2RepublicanConJobIsADumbass | Aug 12, 2011 12:58 PM ET Hey Obama, you should have been thinking about doing this a long time ago, say BEFORE you shoved your joke of a healthcare plan down everyone's throats. Apparently you weren't bright enough to figure out if you put more people back to work FIRST, hopefully less people would need healthcare. Report Abuse

cokid | Aug 12, 2011 01:07 PM ET Obama Meets with Top CEOs About Economic Crisis = The American tax payer paying for Obama to grease the palms of big business for political favors. Report Abuse

DifferntView | Aug 12, 2011 01:09 PM ET What happend to canidate Obama, he knew the solution to everything under the sun!!! Change without hope, from Obama the dope! Report Abuse

DifferntView | Aug 12, 2011 01:10 PM ET Agree-conjob is a DA!! Report Abuse

DifferntView | Aug 12, 2011 01:11 PM ET I actually think Conjob is either Ed Schultz, Laurence Odonnel or Chris Matthews...all missing a few cards from the deck... Report Abuse

TheCSW | Aug 12, 2011 01:29 PM ET Moynihan has rejected the need to raise capital yet in the same week B of A is struggling to sell a strake in Chinas CCB, they sold 400,000 mortgages to Fannie Mae to help the balance sheet, he then hurries over to Washington to have secret meetings with Sec. Geithner to discuss B of As stock price. Now suddenly a rally of bank leaders has been scheduled at the white house to talk about jobs. Fix bayonets! Report Abuse

fsk46 | Aug 12, 2011 01:44 PM ET Maybe you should have thought about this throughout 2009 while you were pushing the DNC's healthcare agenda down our throats and the economy was falling to pieces Barry. You morons got your healthcare legislation through without reading it, it has a 38% approval rating with the country, and the mandate that individuals buy insurance or be penalized was just ruled unconstitutional by an an Atlanta federal appeals court. Nice job obozo! Report Abuse

Trvman1954 | Aug 12, 2011 01:52 PM ET What will really be funny is too see how many of these CEO'S that do show are ones that sent jobs to OTHER COUNTRIES!! Sorry, but he is out of touch. He showed this when he made the CEO of GE as his "Captain" for economic development. A compnay that proably sent MORE jobs to other countries then any other company in the US. To me that was like taking a convicted child molester and putting them in charge of cleaning up child porn. This is all going to come back and hit him after the conventions. He just doesn't have anyone with a CLUE working for him. If he did, they would have stopped some of the appointments he has made.

The economy is going to STILL suck come November 2012 and people will "vote for a change" :) Report Abuse

bigGaryinlouisville | Aug 12, 2011 01:58 PM ET I bet they won't even mention the real problem with our economy, the trade imbalances created by free trade. Untill these imbalances are fixed unemployment will remain high. Instead they are pushing for more free trade with South Korea that will create a net loss of American Jobs. Report Abuse

youngmd | Aug 12, 2011 02:19 PM ET I thought he was going on a vacation.... Hoping he stays wherever he goes Report Abuse

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