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Brooksly Born now questioning banksters on Cspan...worth a watch.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 11:58 AM
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Brooksly Born now questioning banksters on Cspan...worth a watch.
She is one of the few real watchdogs.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 12:04 PM
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1. I was also impressed with Holtz-Ekin. Good questions & no BS. n/t
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 12:08 PM
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2. So far I have heard the banksters acting like victiims of the economy.
The BOA guy appeared esp. bewildered..." no one could foresee the slump in the housing prices, blah blah".
They sure got paid a lot of money to be so unaware of a housing bubble.
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napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 01:15 PM
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5. They pretty much all said that, although I heard several say
they've learned their lesson. Real Estate has never gone down since the Great Depression, and we simp;ly never did the "But what if it does scenario!"
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 12:30 PM
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3. I can't believe they get paid billions and know so little.
They didn't know what to do about the bubble, hell they didn't even know how to look for it. They couldn't even restrain themselves and had the nerve to blame congress for not having enough regulations in place. Yet, they lobby like mad dogs to keep from being regulated.

They look and sound like a bunch of gamblers off their high.

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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 12:41 PM
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4. Maybe they need to give their salary back, eh?
What'll happen is the regulators will blame the banks, the banks will blame the regulators,
no body will be found at fault, and any new regulations will be written with large holes in the fine print.
Already AIG has inked a deal to keep information about its role sealed until 2018.
And THIS Commission is not due to report until AFTER the mid-terms.
So if they can keep enough voters confused and deprived of truth...............
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arthritisR_US Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-13-10 01:55 PM
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6. they are full of BS...they created the bubble with their shady products. n/t
Edited on Wed Jan-13-10 01:56 PM by arthritisR_US
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