Thursday, January 08, 2009 | 11:19 a.m.

The Price of Banking on Government

by Terence Jeffrey

There was instructive value even in the language that The Washington Post and The New York Times used to describe the Monday meeting at which nine large banks agreed to surrender part ownership to the government.

In describing how it came about, the Post said, "The government ordered the chief executives of nine prominent banks to attend a meeting yesterday at the imposing offices of the Treasury Department."

In describing the outcome, the Times said, "Bringing to ...

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Thursday, January 08, 2009 | 11:19 a.m.
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