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To: Baton who wrote (42944)	9/19/2010 11:02:07 AM
From: ACAN	Respond to of 48461

Do you not feel that there were way too many banks in the US, at close to 10,000? Florida alone started 45 new banks in 2005-6. Lots of folks left holding the bag when these fail and consolidation sets in.

To: Baton who wrote (42944)	9/21/2010 8:37:39 PM
From: Bucky Katt	Respond to of 48461

WASHINGTON—Lawrence Summers, the economist who helped design and secure President Barack Obama's top economic policy priorities, will return to Harvard University at the end of the year. Mr. Summers' resignation is partially driven by a personal concern, friends say. If he doesn't return to Harvard by January, he will have overstayed a two-year leave of absence and his tenure would be revoked. He would then have to reapply. God forbid! Mr. Summers will be the third top economic official to leave the administration, following the president's first budget chief and his first Council of Economic Advisers chairman. Two people familiar with the matter said the president is considering a senior corporate executive as a successor to lead the National Economic Council, answering criticism that the Obama administration lacks private-sector experience and is aloof from corporate America.