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Quote Of The Day II


“Instead of sending a phalanx of lobbyists to fight this proposal, or employing an army of lawyers and accountants to help evade the fee, I'd suggest you might want to consider simply meeting your responsibilities. I'd urge you to cover the costs of the rescue not by sticking it to your shareholders or your customers or fellow citizens with the bill, but by rolling back bonuses for top earners and executives.” -President Barack Obama, offering some advice to big banks at a press conference earlier today.

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Photo: Doug Mills/The New York Times