The CEO of Caterpillar Doug Oberhelman came out swinging Monday in an interview with the Financial Times, criticizing the political brinksmanship that threatened a near default on the nation's debt earlier this summer.
"The process was ugly and it was a red herring of a problem," said Oberhelman.
Lawmakers in Washington struck a debt deal at the last moment in the beginning of August but the heartburn from a messy debt deal left psychological scars on the market ? stocks climbing and falling abruptly for the better part of a month.
Source: http://feeds.abcnews.com/click.phdo?i=d91a8d596746bb87bebdeec7dea8024a
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