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Elizabeth Warren

transcriber's picture

Full transcript of 4/11/13 Senate Independent Foreclosure Review hearing

Hearing video here

Senate Banking, Housing and Urban Affairs Committee
Financial Institutions and Consumer Protection Subcommittee

Hearing: Outsourcing Accountability? Examining the Role of Independent Consultants
Thursday, April 11, 2013, 10 AM - 12 PM Read below the fold...

transcriber's picture

"And you're not going to tell the homeowners?" Elizabeth Warren to Fed and OCC, Senate hearing highlights

Elizabeth Warren, yesterday:

Hearing: Outsourcing Accountability? Examining the Role of Independent Consultants

Senate Committee on Banking, Housing and Urban Affairs, Subcommittee on Financial Institutions and Consumer Protection

Hearing info here.

The 2-1/2 hour hearing video is here.

Two videos, with transcripts, below: Read below the fold...

DCblogger's picture

The Democratic Party is irrelevant, example #79806341

http://twitter.com/aaronsw/status/121372370417102848 Read below the fold...

a little night musing's picture

Comment of the day

Departments: 

Commenter Jackrabbit on Matt Stoller's piece at Yves' place about the problematic process of crafting Dodd-Frank*:

Yes, it is interesting and instructive that the Obama Administration found the courage to fight for Bernanke (“Subprime is contained”) vs. the lack of interest to fight for Warren.

We’re not suppose to make these connections. It’s “settled business” as some dimwit recently commented the other day when castigating Yves because she wouldn’t STFU about Warren.

Yup. Read below the fold...

Shocker: Elizabeth Warren no longer candidate for canonization

Depressing reading.

"Some bankers have told me that a simple contract is exactly what they want too," Warren said.

I bet.

The phrase "pound of flesh" comes to mind. Along with "first born" (Genesis 22:7). Those are simple contracts! Read below the fold...

Teh stupid! It b-u-r-r-r-r-r-r-n-s!

Well, maybe "teh stupid" is too harsh. Naïveté? Useful idiocy? Brad DeLong quotes Zach Carter's post on Treasury leaks to Politico about what color Elizabeth Warren's painting the walls of her new office with. The subject line: "Tim Geithner Needs to Gain Control Over His Building" Read below the fold...

Has Elizabeth Warren not been appointed yet?

Did I not get the memo? Then again, she isn't returning to Harvard, so where is she going?

No knock on Warren, but I don't think her appointment makes any difference either way, since she'll be put on a short leash by Rahm and surrounded by thuggish staffers, and FinReg is a farce anyhow. Read below the fold...

Classic headlines of our time

Izvestia: Consumers Clamoring for a Leader. Dear gawd.

I don't know what kind of politics are implied by that headline, but they sure aren't small-d democratic politics. Read below the fold...

The Big O: Elizabeth Warren to be "actively involved" in the CFPA

ABC:

The issue of Warren's role in the watchdog bureau has yet to be decided, but the president guaranteed that she would be "actively involved" in the process of making the bureau as effective as possible, and that she would work with him and with U.S. Treasury Secretary Timothy Geithner.

Oh, OK. "Actively involved." Doing what?

Picking out the doily patterns for the executive dining room? Read below the fold...

madamab's picture

Elizabeth Warren and the Curse of the Competent

I'm sure that you've all experienced the phenomenon I call "the curse of the competent." It's monumentally frustrating, but quite common.

You are hired to do a job. You do it well. Unfortunately, as an unintended consequence of your competence, you make all the other idiots who aren't doing their jobs, or are doing them badly, look like, um, idiots. So then what happens? Read below the fold...

Valhalla's picture

If Women Ran Wall Street Would We Be Looking at Epic Fail?

Over at New Deal 2.0, Nomi Prins, a former Goldman insider, thinks the answer's no:

But, the question is, would the massive bailout of the financial sector have occurred, had women been at its helm? Indeed, Davos economists this year speculated that the presence of more women on Wall Street might have averted the downturn.

She lines up the likes of Elizabeth Warren, Sheila Blair, Brooksely Borne against some of the more prominent vampire squid -- Bernke, Paulson, Geithner, Lloyd Blankfein (of we're doing "God's work" fame) et al and thinks the gender split may be not just coincidental.

Read below the fold...

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