Wall Street to Washington: Avoid the fiscal cliff!
Wall Street Bank CEO's CEOs Lloyd Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase and Brian Moynihan of Bank of America advise Congress and President Barack Obama to avert the "fiscal cliff" that could lead to recession. The Congressional Budget Office predicts unemployment rate to increase above 9 % in the private sector if economic downturn is not avoided.
Link:
http://money.cnn.com/2012/10/18/news/economy/bank-ceos-fiscal-cliff/index.html?iid=H_E_News
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