Hi Lizzz! HIIIIIII! WE LOVE YOU!!!! Why? Well, in addition to the usual reasons, Ben Bernanke appeared in front of the Senate Banking Committee yesterday, and Elizabeth Warren basically asked him stuff like: Why is everything still so horrible, Ben? Why are you doing absolutely nothing to fix anything, Ben? Why are you just standing there with your dick in your hand while the banks crap all over the American people, Ben? If you love the banks so much, why don't you marry them, Ben?
But first, just possibly, Bernanke needs to admit that Dodd-Frank is insufficient. So the <i>other</i> legislators might stop pretending otherwise. Hmm?
I&#039;m sure the threat of the SEC crapping on the shareholders, or even wiping them out, will discourage bank executives from pursuing obscene salaries (and even more obscene bonuses) through risky ventures and dubious &quot;investment vehicles.&quot;
I mean, just look at how Citicorp&#039;s 90% loss in market cap has hurt the executives. The poor guys are just devastated. For most of them, it&#039;s been several years since they last moved into a bigger mansion!
They can keep their fucking pens. I&#039;m more annoyed that they borrow our money at 0% from the Fed, and loan it back to us on credit cards charging 29%.
I&#039;ve met Kranz, he&#039;s a great speaker out on the lecture circuit these days. Good guy, he still wears the vest...
it&#039;s not like that is the exact opposite of what every single theory on the nature of capitalism predicts..
But first, just possibly, Bernanke needs to admit that Dodd-Frank is insufficient. So the <i>other</i> legislators might stop pretending otherwise. Hmm?
I&#039;m sure the threat of the SEC crapping on the shareholders, or even wiping them out, will discourage bank executives from pursuing obscene salaries (and even more obscene bonuses) through risky ventures and dubious &quot;investment vehicles.&quot;
I mean, just look at how Citicorp&#039;s 90% loss in market cap has hurt the executives. The poor guys are just devastated. For most of them, it&#039;s been several years since they last moved into a bigger mansion!
They can keep their fucking pens. I&#039;m more annoyed that they borrow our money at 0% from the Fed, and loan it back to us on credit cards charging 29%.