The president after a meeting with America's top banks has advised them to lend more to the troubled US economy. He also warned them not to block legislation for regulatory reform.
The meeting in question was with executives of Goldman Sachs, JP Morgan Chase and Citigroup. Some of the banks have been major financiers during his campaign in the run up to the presidential elections last year. The banking industry was granted a $700bn bail-out and has been disputed by many experts.
Is this a true capitalist system, a laissez-faire economy? Is China's version of Communism the best answer?
President Obama, it has been said, visited "his bankers" when he visited China recently. The bow may have been more than just a courtesy.
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