Robert Reich on the Wall Street Banks

Robert Reich thinks Obama will have to stop coddling the bankers and take them on. The following is from his blog:

Almost $600 billion has been poured into big Wall Street banks with nothing to show for it. They're still not lending to Main Street, still paying their top executives princely sums, and still issuing dividends and looking for acquisition targets. Yet apart from a few rhetorical blasts at a few Wall Street executives, Obama has so far shown remarkable solicitude to the banks because he thinks he needs their cooperation to get credit moving again. At some point, though, he'll have to get tough.