President Barack Obama and his economic team lashed out at Wall Street, with the president calling bankers "fat cats" who "don't get it," in a move that could escalate tensions with the nation's biggest bankers ahead of a meeting with industry representatives.

Mr. Obama, speaking on the eve of Monday's meeting with the heads of top banks at the White House, said he would try to persuade bankers to free up more credit to businesses, with the aim of helping boost job growth.


White House Lashes Out at Bankers - WSJ.com