Grayson Grills Citigroup CEO
CEOs of the biggest bailed-out banks finally appeared before Congress. Over the course of a seven-hour hearing, there were remarkably few revealing moments. One, though, stood out. Rep. Alan Grayson, a feisty former prosecutor, dug his claws into Citigroup’s CEO over a deal that could end up costing the taxpayers hundreds of billions of dollars.
Duration : 0:5:49
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@khafanov
You are …
@khafanov
You are absolutely and completely correct. However, I feel Obama has very little to do with this, or very little that he will do with it. Americans are stupid, lazy, unaware and compliant. Individual Americans can be intelligent and proactive, but as a group we are preoccupied with us versus them topics of politics which distract us along with our true God: TV.
There is no sense of responsibility, ironic for a country of by and for the people.
most of these CEO’s …
most of these CEO’s either are just dumb or act dumb.. this Citi CEO is arrogant in his attitude..when did the US go into the investment banking insurance business ?
Go, go, Grayson!
Go, go, Grayson!
Pandit signals to …
Pandit signals to Frank by touching his eyeglasses and Barney Frank ends the questioning immediately. Grayson had over 30 seconds left. Wake up Americans. Its all a shell game played on top of our backs. Slavery exists in America. We are the debt slaves. We work and they live.
Bachus – What a …
Bachus – What a joke. In the back pocket of them all.
Finally, someones …
Finally, someones making it public!
They are steeling …
They are steeling OUR MONEY!
What a Sick Joke! …
What a Sick Joke! The big banks own The Fed Scam!
I want to know the …
I want to know the truth now! Who helped Ben Bernanke embezzle our money? Who is Involved and how many? How long has this been going on for? Where is our money? How do we get it back?
I think an …
I think an investigation should be done here and if it turns out that CitiGroup knew the full extent of the losses that they were about to incure and in turn withheld that information from the government, Vikram Pandit should go to jail.
LOL.. Seems like I …
LOL.. Seems like I hit a nerve… Your reply has nothing to do with what I’ve said.. Only a way to imply you make money and went to a high profile School.. Seems to me you are the one worrying about your Dick Size and inferiority.
I’ve done very well …
I’ve done very well thank you, and I didn’t have to cheat and steal from my friends and others. I ain’t cryin’ I’m callin’ out garbage like You.
These guys really …
These guys really fuckin’ think that they’re smarter than everyone else. I am a native New Yorker and unfortunately I know too many fuckin’ lying cheating so called Big Shots who went to Harvard, Yale and other Cheat Factories who arrogantly presume that they deserve unlimited wealth without any productivity. The Sheeple have no idea the depravity, ruthlessness, uber-evil, murderous, MEGA-NARCISSIST nature of a small group of lowlives who manipulate their lives.
It’s not capitalism …
It’s not capitalism, what they are doing is theft. The game is rigged. It has nothing to do with free market capitalism. I paid for my home, I haven’t had a credit card in over 30 years, I don’t like it and I’m not going anywhere.
who ever banged …
who ever banged that judges hammer is in on this deal i think. notice when pandit gets fidgety and adjusts his glasses the dude bangs the hammer for “times up”
Blaming the people …
Blaming the people that took the loans is an understandable statement…if you don’t know the history of what has actually happpening. If you understood the monetary policy, as it has been designed over the last 30 years you’ll see a pattern. That matches what was initially laid out over 80 years ago. Now all the folks that have done it right but now are in trouble, by your standard they’re at fault as well. Look at your currency, its worthless, foriegn banks are running from our currency
Whats wrong, well …
Whats wrong, well if you go back into history and read about the teapot dome scandle then you might understand. This system is corrupt beyond imagination, and if people don’t wake up its going to be very bad, we are at a crossroad. Only very few politicians will stand up, the rest are in to deep, or are understandably fearful. But a crowd of 100,000 storming a Fed bank wiil get attention, I just hope it doesn’t come to that. So who wants to be free…or just go get some coffee at Starbuck peace
complete and total …
complete and total corruption
What the heck is …
What the heck is wrong here? Doesn’t an insurance of 230 B for 7 B sound normal? (ratio of 40:1)??
right… you keep …
right… you keep dreaming
Vikram Pandit has …
Vikram Pandit has the capacity to recover Citigroup through his leadership. He has basically resuscitated it from a mega ‘cardiac arrest’ if you will in late 2007 and although the shares of Citi are right now, the upside potential is ridiculously high!
Ken Lewis looks …
Ken Lewis looks like an evil man.. he has that ruthless look about him… but obviously, it has taken him to the zenith of the american capitalist echelons of the corporate world; CEO of BofA!!
well shoot the …
well shoot the homeowners too, its just that simple
then why not also …
then why not also shoot the homeowners who took the loan fully knowing that they wont be able to pay back the loans
its easy to criticize the banks but the fault also lies with people who took the loans and could never pay their mortgages .
People who never pay their credit card bills are also to blame
its easy to criticize some ceo who makes millions for your mistakes
they make money because they are brighter smarter and more educated than you
thats capitalism if u dont like it go to europe
no stuff red hot …
no stuff red hot chili peppers up their arses!