CEO meetings with government officials from "summary" of Too Big to Fail by Andrew Ross Sorkin
In the midst of the financial crisis, top executives from the largest banks found themselves shuttling back and forth between their corporate offices and government buildings in Washington. These CEO meetings with government officials were high-stakes affairs, where the fate of these financial institutions hung in the balance. The CEOs knew that their survival depended on securing government assistance, whether in the form of bailouts or regulatory changes. They were acutely aware of the power dynamics at play, as they tried to navigate the complex web of relationships between Wall Street and Washington. For these executives, meeting with government officials was not just a matter of protocol – it was a matter of survival. They had to make their case, plead their cause, and convince those in power that their institutions were too big to fail...
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