Impact of Elizabeth Warren

February 14, 2013 | By | 1 Reply More

Elizabeth Warren is asking a simple question: When did any of you bank regulators actually try a case against a bank? The implication is that the regulators are giving banks little slaps on the wrist, and Warren’s expressed frustration is that the banks are ripping off the public, then invited to settle these egregious cases by merely paying a tiny portion of the ill-gotten goods.

This is so refreshing to see a member of Congress demanding straight answers to simple questions in order to expose the all-too-cozy relationships between government agencies and banks.

Share

Category: Corporatocracy, Politics

About the Author ()

Erich Vieth is an attorney focusing on consumer law litigation and appellate practice. He is also a working musician and a writer, having founded Dangerous Intersection in 2006. Erich lives in the Shaw Neighborhood of St. Louis, Missouri, where he lives half-time with his two extraordinary daughters.

Comments (1)

Trackback URL | Comments RSS Feed

  1. I love the smattering of applause that probably never happens at hearings like this because she’s finally saying what so many people have been waiting for someone in power to say. I watch our local federal attorney, a friend of mine, repeatedly make examples of the small time swindlers while the big-time swindlers go free and continue in their ways.

Leave a Reply