At Davos, The CEOs Are Talking About Massachusetts



From BusinessInsider:

New York Times' Andrew Ross Sorkin and Michael Elliot, editor of Time magazine, were on CNBC this morning talking about what's being whispered about beyond the panels at the World Economic Forum in Davos.

'The Washington story is the story,' Sorkin said. 'I can't tell you how many CEOs from India, China, Bangladesh, all they want to do is talk about Obama and Massachusetts.'

Sorkin said that might indicate an international credibility issue for Obama, who is already losing faith from the American people in domestic issues.

Another surprise? All the 'lip service' and 'happy talk' from bankers, Sorkin said.

All of them say they need to be part of the solution. But a behind-the-scenes meetings yesterday with a number of the CEOs and the bankers wasn't so pleasant. 'I'm actually told it got quite heated,' Sorkin said. 'When it comes to the brass tacks actually having to deal with reform in a meaningful way, I'm not sure they are ready, prepared to do it.'