What lessons can corporate America draw from the outrage at Wall Street?
Well, it doesn’t seem to me like [Corporate America] is too concerned about it. The problem, I think, is the deregulation that actually happened. The public elects the morons that are supposed to watch over these things. People in Connecticut sent Chris Dodd to Washington. Chris Dodd collected the second-biggest amount of money from AIG of anybody in Washington [for the 2008 election cycle]. Was there a quid pro quo? I don’t think so, but there’s an unhealthy and unwholesome relationship between corporate America and the federal government. It’s the thing that Dwight Eisenhower warned about in the ’50s: watch out for the military industrial complex. Well, they came along and they finally got strong enough and they bit everybody right in the ass. How’s Obama & Co. doing? I don’t know. I’d like to think they’re doing well, but I don’t think any of us will know the answer to that question for a while. What he is doing is he’s leading, unlike the predecessor, who walked around muttering in
