As the financial crisis entered one of its darkest phases in October, a handful of the nation’s largest banks began holding daily telephone sessions. Murmurs were already emanating from Washington about the need for a wide-ranging regulatory overhaul, and Wall Street executives girded for a fight.
[From Back to Business - Banks Dig In to Resist New Limits on Derivatives - Series - NYTimes.com]
Gird. There's been way too much girding going on in the last few years.
And let's retire some of those Wall Street executives while we're at it. In fact, why not retire them all?
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