Can bankers and financiers be patriots?

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If you worked in the West Wing, you would find “a distinctive whiff of the boardroom” throughout the offices and corridors today, according to Julie Mason, the Washington Examiner’s White House correspondent. That’s how she describes the difference between Obama’s new chief of staff, William Daley, and the “political operatives” who Daley will oversee.

I like the “whiff of the boardroom” line. Julie’s article explores some of the negative reaction that has greeted President Obama’s decision to invite Daley, a JP Morgan Chase executive committee member, to work in the White House. This criticism rests on the idea that since Daley is connected with Wall Street, he will put the financial sector’s interests first, rather than the country’s interests.

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