In fact, it's the day that 14 of the nation's largest credit-card companies might be sending their executives to the slaughter -- or to a meeting with Obama Administration officials, which is pretty much the same thing. The Washington Post predicts the meeting will happen, and the prospect promises a fast and furious fireworks display, given the climate. If there's one lesson this fledgling White House has learned in its first hundred days, it's that it can't go broke with displays of outrage that companies like to clean out the wallets of ordinary folks. Suddenly, that's no longer acceptable.Government testimony has become the unofficial perp walk of the recession. In recent months, the public found catharsis in the image of Lehman Brothers' impotently enraged Dick Fuld, and General Motors' cane-whipped Rick Wagoner. Later, the meetings presented a fun, get-to-hate-you with the heads of American Express, Bank of America, and other companies the public loves to love.
So what happens when the strength of an invaluable economic engine encounters the wrath of a president on the warpath? Maybe we'll find out on Thursday, when the bill comes due at 1600 Pennsylvania Avenue.