Relevant:
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- Senate Committee Launches Probe Of JPMorgan's 'Whale' Losses: Report
- Citigroup Lost $15 Million With UBS's ‘Crap' CDO Blessed by S&P
- S.E.C. and Justice Dept. End Mortgage Investigations Into Goldman
- Ron Paul Claims Chairmanship of Monetary Policy Subcommittee, Prepared to Subpoena Fed
2010-04-14 — ml-implode.com
"Next let’s take a look at Washington Mutual, the bank whose television and radio ads used to talk about how they loved puppies and kittens. The Senate Permanent Subcommittee on Investigations under Chairman Carl Levin, D-MI, and Ranking Member Tom Coburn, R-OK, launched a series of four hearings in April to examine some of the causes and consequences of the financial crisis, and on Friday they’ll issue their first report and from reading the early releases, it’s going to be like my birthday a million times over."
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Comments:
REODealmakers at 21:22 2010-04-15 said:
Funny, witty and mostly truthful. Mandleman, my problem is your utter failure to point out the other side of the coin which is the Fed and the Federal Government that set this whole 'house of cards' up in the first place. If you believe that this is solely the fault of the mean evil Bankers and Wall Street you are being intellectually dishonest. If the Bankers and Wall Street were the drug users then clearly Government was the drug pusher! Permalinkadd a comment | go to forum thread
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