Anyone watching the Banker hearings now?

[dixiegrrrrl]

First up for questions is Blankfein of Goldman. He is defending and justifying what he did
( selling securities and then shorting them).
God, what an attitude he has.

[harun]

1. I don't know why they even waste time with these hearings.

Goldman Sak's and friends run the place.

[dixiegrrrrl]

3. Hopefully their arrogant attitude will be evident for more people to see.

[napi21]

2. Blame everybody & everything else but yourself! n/t

[Po_d Mainiac]

4. yup

Dr. Blankenstein...I didn't know we had the option of taking less than 100 pennies on the dollar when we unwound our AIG exposure :shrug:

Boy I hope a dated e-mail shows up painting a lie on the turd

[dixiegrrrrl]

5. I thought this was supposed to be a "hard hitting" hearing

by Angelides....so far, the CEO's are just doing PR about their companies, dancing away from the questions, pleading ignorance of their role in any problems, etc.
Kabuki theater, so far.

[Po_d Mainiac]

6. When LB says we model the risks and say "what if"

he means, how can we make it happen to our benefit? :grr:

[Po_d Mainiac]

7. Hmm A "lemon law" for securities.....

:woohoo: :applause: :woohoo: :applause: :woohoo: :applause:

[dixiegrrrrl]

8. Comm. on break right now.

The banksters sure got defensive about putting "skin in the game" .
Now they are all standing around looking like angry mobsters, looking stiff and uncomfortable.