Elizabeth Warren on Panel's Grilling of Wall St. CEOs

Thursday, January 14, 2010

The CEOs of the country's major banks came under a grilling yesterday, as the Financial Crisis Inquiry Commission kicked off hearings on the causes of last year's economic meltdown. We get reaction from Elizabeth Warren, who heads the group charged with overseeing the U.S. banking bailout, the Congressional Oversight Panel

The chief executives of Goldman Sachs, JPMorgan Chase, Morgan Stanley and Bank of America concurred: Their boards were not counting on the government to rescue the banks right after Lehman collapsed. But the bailout happened anyway, and now the Congressional Oversight Panel is wondering how to rescind this implicit guarantee.


Elizabeth Warren

Produced by:

Marine Olivesi

Comments [1]

Ro from Shelby Twp., MI

I thoroughly enjoyed your interview with Elizabeth Warren on 1/14/10. It's great to hear from a sane person on the topic of the banks. I'm going to follow her more closely and share the info with my book club. (We don't discuss novels only!!)

Jan. 15 2010 11:27 AM

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