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By David Rothkopf
Published: May 6 2010 20:09 | Last updated: May 6 2010 20:09
It is red meat time in Washington. White House officials puff up their chests and promise to keep the "boot on the throat" of BP. Formerly mild members of the US Congress behave like cage wrestlers in the presence of Goldman Sachs executives, with even the professorial Senator Carl Levin squinting over his glasses and spitting out contemptuous questions about "shitty deals".
Legislators seem to be competing to offer the most draconian new regulatory measures or to appear the most implacable in the search for malfeasance on the part of business. There are ironic echoes of a prior administration in which out-of-shape pols who had never commanded troops in battle liked nothing better than sending soldiers off to war "“ except that today it is out-of-shape pols who have never run a business slapping around chief executives and telling them how to manage their companies.
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