Bank CEOs: Raise Debt Ceiling This Week — Or Else!

Source: CNN Money NEW YORK (CNNMoney) — The CEOs of the nation's leading banks, including Goldman Sachs and JPMorgan Chase, sent a letter to the White House and Congress on Thursday urging them to hurry up and reach a debt agreement. In the letter, sent by the Financial Services Forum to President Obama and members of Congress, the CEOs said an agreement needs to be made this week, or else there will be "grave" consequences. "A default on our nation's [...]

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Published on July 28, 2011 22:54
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