Obama: No easy way out, like Wall Street wants

President Obama says the market’s reaction to the bank plan shows that there is no easy way out, like Wall street wants.

No, Mr. President. You told us just last night that Tim Geithner would unveil a comprehensive package, not a list of goals to be fleshed out at some later date. THAT’s why the market fell 5%.

Asked for an example of a well-run bank, Obama told ABC that JP Morgan fit the bill. Thanks for the check, Jamie.