Frank pushes for punishment for crisis

Discussion in 'Politics' started by WillowTree, Mar 8, 2009.

  1. WillowTree
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    WillowTree Diamond Member

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    House Financial Services Chairman Barney Frank (D-Mass.) is pressing state and federal authorities to seek criminal and civil penalties on financial actors that helped cause the current crisis.

    "Rules don't work if people have no fear of them," Frank said at a press conference Thursday.

    He announced a hearing March 20 with Attorney General Eric Holder, bank regulators and the Securities and Exchange Commission as witnesses to discover what their plans are to prosecute irresponsible and in some cases criminal behaviors.

    He isn't looking for names, Frank said, but "I do want all the people with enforcement power, state and federal, in that room."


    Frank pushes for punishment for crisis - Victoria McGrane - POLITICO.com
     
  2. Article 15
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    Article 15 Dr. House slayer

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    Good.
     
  3. Article 15
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    Article 15 Dr. House slayer

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    What I found more interesting in the article was this:

     
  4. Xenophon
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    Xenophon Gone and forgotten

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    So Frank will be placing his own balls in a sling?
     
  5. WillowTree
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    WillowTree Diamond Member

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    ya know why? they said they didn't need it in the first place and then "regulators strongly suggested that they take it and lend it" too many government (Barney) strings attached so they are giving it back.. If Bawney has his way all the tarp money will be lent to people who cannot pay it back,, second verse same as the first..

    you people are dumb as dirt and will never figure out how to fix the mess you made.. Barney should be the first one punished for is debacle.
     
    Last edited: Mar 8, 2009
  6. Article 15
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    Article 15 Dr. House slayer

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    I wouldn't go that far ... I'm sure he's planning on covering his own ass.
     
  7. Article 15
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    Article 15 Dr. House slayer

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    Yes, Willow, I understand that you want to blame the Dems for everything. It's what you do.
     
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  8. WillowTree
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    WillowTree Diamond Member

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    As usual you understand incorrectly.. It's what you do..
     
  9. Skull Pilot
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    Skull Pilot Platinum Member

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    no but he'll have someone else's balls in his mouth

    He wants to punish people responsible to get eyes off of him and his own culpability in this mess.
     
  10. Article 15
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    Article 15 Dr. House slayer

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    *yawn*
     

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