Nationalization would likely mean wiping out the big banks' managements and shareholders. It's because that reckoning has mostly been avoided so far that those bankers may be the Americans in the greatest denial of all. Frank Rich More Quotes by Frank Rich More Quotes From Frank Rich As America knows, Obama turned down the lucrative career path guaranteed to the first African-American president of The Harvard Law Review to pursue the missions of service and teaching instead. The potential rewards for our country, now that that early choice has led him into the White House, are enormous. Frank Rich service path law white No one is better placed or more philosophically suited than Obama to construct the new counter narrative as we go forward in our new New Deal. But many masters of the old universe, including quite possibly his chief economic adviser, can't recognize that the world has changed or should change. Frank Rich better universe change world