Comments on: $1.2 Trillion Slush Fund

By: jvg312

jvg312 — Thu, 15 Jan 2009 07:17:32 +0000

Kohn had a lousy performance (and I’m glad he got a hard time), but at the same time Grayson hammering on about mark-to-market was over the top…does he even understand the difference between a security and a loan? Just because the new kid in class talks a lot and gives the teacher a hard time doesn’t mean he knows a thing. Do we really want people with a complete lack understanding on the financial services committee at a time like this?

By: ronin

ronin — Thu, 15 Jan 2009 05:33:55 +0000

mitchn: You are exactly right! Barney Frank is the epitome of what is wrong with Washington. If there was anyone more 2 faced than this guy it would be completely shocking. He makes politicians look bad!

By: Zan Ozimek

Zan Ozimek — Thu, 15 Jan 2009 02:44:51 +0000

Next question from Grayson: Hows about I come over there and whup your dissemblin’ ass on behalf of my constituents?

Let us choose to keep the sabre-rattling of the proletariat to a minimum. Threatening the just and necessary social order never turns out well for anyone, most usually those doing the threatening.

When you reach up with your vaunted, strong hands to seize our palaces and our purpled then we will show you what true strength is … in the roar of shell and shrapnel and the whine of machine guns will our answer be couched. We will crush you revolutionaries down under our heel and we will walk upon your faces. – t.I.H. / J.L. – ‘09

By: Marcus Aurelius

Marcus Aurelius — Thu, 15 Jan 2009 02:17:16 +0000

Next question from Grayson: Hows about I come over there and whup your dissemblin’ ass on behalf of my constituents?

By: cfish

cfish — Thu, 15 Jan 2009 02:08:02 +0000

Wow. Kohn needs to step down. I dont care how good he is in finance and economics and how justified he is; this man’s presentation can cause a global meltdown.

By: Kevin Cuddeback

Kevin Cuddeback — Thu, 15 Jan 2009 01:55:49 +0000

Let’s hear more of Grayson’s questions. I yield my 2 minutes to him, Mr. Chairman.

By: Mike in Nola

Mike in Nola — Thu, 15 Jan 2009 01:54:18 +0000

Even though I’m a trial lawyer, I still feel embarrassed when I see a witness who looks this bad, esp. as he probably didn’t think he was doing anything wrong. He just doesn’t get it.

The Congressman knows how to conduct a cross or at least someone on his staff does. Someone else who is good is Carl Levin, who used to actually work as lawyer. He did such a great cross of some of the Wall Streeter pukebags involved in Enron that i had to send him an attaboy letter.

By: mitchn

mitchn — Thu, 15 Jan 2009 01:39:54 +0000

Will someone explain to me how Barney Frank comes out of this with his reputation as a thoughtful advocate for the people intact?

By: ben22

ben22 — Thu, 15 Jan 2009 01:37:07 +0000

felt like I was watching a parent catch a child in a lie, the child being Kohn.

By: Winston Munn

Winston Munn — Thu, 15 Jan 2009 01:25:34 +0000

“the cardboard drawl of words like “Credit Suisse” really put a burr under my saddle. ”

You should be grateful he wasn’t from New Jersey where it’s “Credit Fuckin’ Swiss.”