Capuano's heated words to 8 bank CEOs

[duffless2323.livejournal.com]

So this was posted on Wonkette today and thought some of you might be interested.
The video from CSPAN runs about 5min.

http://wonkette.com/406161/congressman-to-ceos-die

Comments

Re: As that blog points out...

[derekp.livejournal.com]

Have you read the bill? A quick search didn't lead me to any obvious results. What else was in it?

It should be a requirement that each bill deal strictly with one issues. The bill in questions was named Making Appropriations for Labor, Health and Human Services for Fiscal Year 2001 - how does that have ANYTHING to do with CDO's in particular or the regulation of banks in the broader sense?

With every bill so laden with crap, I think it's impossible to vote on one thing without also voting for a few things you don't really like.

Re: As that blog points out...

[nvidia99999.livejournal.com]

http://en.wikipedia.org/wiki/Commodity_Futures_Modernization_Act_of_2000

Re: As that blog points out...

[nvidia99999.livejournal.com]

Sure, it's very complex to the layman. But so is pretty much anything highly specialized (e.g., critical details of most scientific papers are totally beyond non-scientists in the field). But these people are paid to read them. Or if they don't read them they are supposed to have people working for them who read them and report back to them.