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Bernanke getting grilled live about BAC/MER deal

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trader1
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Bernanke getting grilled live about BAC/MER deal [#permalink] New post   25 Jun 2009, 09:50
WOW!

Some of these Congressional Representatives have no mercy! That's what I like to see in a democratic and free society.

Bernanke's face and tone say it all.

A lot of "I can't recall...", "under the advice of my attorneys...", etc....

I hope to get up some videos later...

Videos of the hearing and commentary:

https://www.youtube.com/watch?v=XdpbD99IqAg

https://www.youtube.com/watch?v=txp6elJrfSA

https://www.youtube.com/watch?v=z69ah6rBXw8

https://www.youtube.com/watch?v=cKOb2nMb ... re=related

https://www.youtube.com/watch?v=C1aPeARj3JQ

The Kucinich questioning was priceless...unfortunately, I can't find it on youtube yet.
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snipertrader
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   25 Jun 2009, 11:09
The water is under the bridge. I m not sure what this is gona achieve.


trader1 wrote:
WOW!

Some of these Congressional Representatives have no mercy! That's what I like to see in a democratic and free society.

Bernanke's face and tone say it all.

A lot of "I can't recall...", "under the advice of my attorneys...", etc....

I hope to get up some videos later...
User avatar
trader1
Senior Manager
Senior Manager
Joined: 30 Jul 2007
Posts: 385
Own Kudos [?]: 62 [0]
Given Kudos: 5
Location: Europe
Concentration: General Management
Schools:St. Gallen '09
 Q47  V40
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   25 Jun 2009, 11:51
snipertrader wrote:
The water is under the bridge. I m not sure what this is gona achieve.



Hopefully it can wake more people up to what's really going on behind the scenes. There are some questionable, and potentially illegal, actions that have taken place during the handling of the financial crisis. Paulson was a smart man to demand immunity last September.

The way things have been handled just smells like the same old "sweeping everything under the rug." We move on and never learn from the mistakes.
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bsd_lover
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   25 Jun 2009, 20:33
If we had this attitude we would also let all war crimes pass. We have a right to know what exactly did these "leaders" do under pressure and whether any leader can act with impunity in the next moment of crisis without any thoughts of future accountability.

snipertrader wrote:
The water is under the bridge. I m not sure what this is gona achieve.
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snipertrader
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WE 1: Big4, Audit
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   26 Jun 2009, 20:17
All the "i dont remember" doesn't really help in fixing any accountablity.

bsd_lover wrote:
If we had this attitude we would also let all war crimes pass. We have a right to know what exactly did these "leaders" do under pressure and whether any leader can act with impunity in the next moment of crisis without any thoughts of future accountability.

snipertrader wrote:
The water is under the bridge. I m not sure what this is gona achieve.
User avatar
snipertrader
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Joined: 26 Apr 2009
Affiliations: ACA, CPA
Posts: 311
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Location: Vagabond
Concentration: Finance, Treasury, Banking
Schools:BC
GMAT 2: 620
WE 1: Big4, Audit
WE 2: Banking
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   27 Jun 2009, 19:31
Talking of accountability....

https://www.youtube.com/watch?v=PZ93NjLa ... re=related
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trader1
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Location: Europe
Concentration: General Management
Schools:St. Gallen '09
 Q47  V40
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Re: Bernanke getting grilled live about BAC/MER deal [#permalink] New post   05 Jul 2009, 06:48
I found the Kucinich questioning of Bernanke:

https://www.youtube.com/watch?v=cKOb2nMb ... re=related

https://www.youtube.com/watch?v=C1aPeARj3JQ

These are priceless, especially the 2nd.

Note the satirical ending of vid 2.
GMAT Club Bot
gmatclubot
Re: Bernanke getting grilled live about BAC/MER deal [#permalink]
05 Jul 2009, 06:48

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