Lawmakers no doubt took some political cover today by giving Paulson and Bernanke a drubbing for the cameras. But that doesn't mean all of that indignation was necessarily faked.
Several senators cursed PaulNanke for not reacting sooner to the mortgage mess. Our friends at seekingalpha.com appear to agree.
Why Didn't Bernanke, Paulson Plan Better?
Thoughts?
categories: Politics, Understanding The Crisis, Wall Street
If it is so easy, then why didn't Daryl Brewster, Jim Donald, Jeff Immelt, Stan O'Neal, Ken Thompson, Sam Zell among others see it coming? With the kind of batting average they've had, you really, really have to wonder what Ken Lewis could be missing...
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