Washout in Washington
Change isn't easy. Just ask Goldman Sachs CEO Lloyd Blankfein and Morgan Stanley chief John Mack, both of whom were unable to personally attend a meeting with the president in Washington today after their US Airways flights were delayed because of "fog."
Both men are accustomed to flying private when they somewhere to be. How were they supposed to know that most commercial flights in this country are invariably delayed, and that it's always a good idea to set aside a little extra time when you have an important meeting to get to, just so you still manage to make the appointment if there's a delay of some sort? (JPMorgan CEO Jamie Dimon, who is already besties with Obama and didn't need to bother with appearances, took his corporate jet. And got there just fine.)
Both Blankfein and Mack still managed to take part in the meeting, albeit via conference call. ("Well, I appreciate you guys calling in," Obama told them when they joined by phone. "I'm sorry that the flight got held up.") But, really: Isn't this the sort of thing that you'd expect to have happen, considering the last time they showed up at the White House in person, all they got was a lousy glass of water?
Blankfein, Mack, Parsons Phone in to Obama Meeting [Bloomberg]