Thu Feb 14, 2013, 08:40 PM

WillyT (45,485 posts)

Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO) - HuffPo

Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO)
Ryan Grim - HufPo
Posted: 02/14/2013 5:14 pm EST | Updated: 02/14/2013 5:35 pm EST

<snip>

WASHINGTON -- Bank regulators got a sense Thursday of how their lives will be slightly different now that Elizabeth Warren sits on a Senate committee overseeing their agencies. At her first Banking, Housing and Urban Affairs Committee hearing, Warren questioned top regulators from the alphabet soup that is the nation's financial regulatory structure: the FDIC, SEC, OCC, CFPB, CFTC, Fed and Treasury.

The Democratic senator from Massachusetts had a straightforward question for them: When was the last time you took a Wall Street bank to trial? It was a harder question than it seemed.

"We do not have to bring people to trial," Thomas Curry, head of the Office of the Comptroller of the Currency, assured Warren, declaring that his agency had secured a large number of "consent orders," or settlements.

"I appreciate that you say you don't have to bring them to trial. My question is, when did you bring them to trial?" she responded.

"We have not had to do it as a practical matter to achieve our supervisory goals," Curry offered.

Warner turned to Elisse Walter, chair of the Securities and Exchange Commission, who said that the agency weighs how much it can extract from a bank without taking it to court against the cost of going to trial.

"I appreciate that. That's what everybody does," said Warren, a former Harvard law professor. "Can you identify the last time when you took the Wall Street banks to trial?"

"I will have to get back to you with specific information," Walter said as the audience tittered.

<snip>

More: http://www.huffingtonpost.com/2013/02/14/elizabeth-warren-bank-regulators_n_2688998.html

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108 replies	Author	Time	Post
Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO) - HuffPo (Original post)	WillyT	Feb 2013	OP
Boom! nt.	OldDem2012	Feb 2013	#1
Whoa!	ananda	Feb 2013	#2
For sure	colbertforpresident	Feb 2013	#24
New sheriff in town, y'all!	freckleface	Feb 2013	#3
Great clip, but could not help noticing all of the bottled water with their labels	likesmountains 52	Feb 2013	#4
That is our Royalty there.	RC	Feb 2013	#12
This portion of Diss the Senate dog and pony show is brought to you by...	Larry Ogg	Feb 2013	#63
Love her! I wish she had been in the Senate as the mess unfolded in 2007-2009	LonePirate	Feb 2013	#5
Now we're cooking with gas! K&R!	think	Feb 2013	#6
I LOVE HER!	Safetykitten	Feb 2013	#7
She is A Force to be Reckoned with!	sheshe2	Feb 2013	#8
Thannk you Mssachesetts for electing the most effective senator the Dems have!	napi21	Feb 2013	#9
YES! Thank goddess for Elizabeth! Long overdue...	CTyankee	Feb 2013	#64
Yes. She could be the Chip Kelly of the Banking Committee	Left Coast2020	Feb 2013	#103
Oh Yeah!!	Liberal_Dog	Feb 2013	#10
bannedfromkos does not approve	whatchamacallit	Feb 2013	#11
Who from Kos?	R. Daneel Olivaw	Feb 2013	#108
I think she may still have some campaign debt...	Sekhmets Daughter	Feb 2013	#13
Willy, thank you for posting this.	Firebrand Gary	Feb 2013	#14
Alas Ted Cruz is my senator	vlyons	Feb 2013	#62
I am so sorry for your situation. =(	Firebrand Gary	Feb 2013	#104
Can we please clone her?	trublu992	Feb 2013	#15
I love this woman more than I can say. nt	Chalco	Feb 2013	#16
Thank you for standing up for the American people, Senator Warren	Berlum	Feb 2013	#17
"Too BIG to Fail has become Too BIG to Trial."	joeunderdog	Feb 2013	#28
Sen. Elizabeth Warren: a bankster's worst nightmare	meow2u3	Feb 2013	#18
k+r!	TeamPooka	Feb 2013	#19
Fantastic!!!	dhill926	Feb 2013	#20
awesome! k&r!	wildbilln864	Feb 2013	#21
Gee! Just think how if over four years ago...	Hotler	Feb 2013	#22
And that they're smart businesspeople.	MannyGoldstein	Feb 2013	#31
He didn't just say they did nothing illegal.	bvar22	Feb 2013	#86
look at all the baseball players wrecking the economy..	frylock	Feb 2013	#95
Amazing woman!	Rider3	Feb 2013	#23
Wow...such a rarity to see a Democrat actually like a Democrat anymore!	forestpath	Feb 2013	#25
+1	dreamnightwind	Feb 2013	#49
"we correct deficiencies"	joeunderdog	Feb 2013	#26
"We don't have to bring people to trial to achieve our supervisory goal."	Spitfire of ATJ	Feb 2013	#27
If big banking corporations are people, I hope some of them get the death penalty.	reformist2	Feb 2013	#29
My God! It's like she's channeling President Obama!	MannyGoldstein	Feb 2013	#30
Sorry, but I think it's the other way	Euphoria	Feb 2013	#32
I was being sarcastic.	MannyGoldstein	Feb 2013	#38
Please use the sarcasm tag Manny...	Larry Ogg	Feb 2013	#66
Ah, sorry. Should've figured it out	Euphoria	Feb 2013	#72
Okay if I stop by after 5pm?	KansDem	Feb 2013	#74
Only if you bring the olives	Euphoria	Feb 2013	#83
More like FDR.	mountain grammy	Feb 2013	#36
Imagine if she	ProSense	Feb 2013	#84
Thank goodness	MannyGoldstein	Feb 2013	#85
Fantastic. I cannot WAIT til she runs for POTUS	dorksied	Feb 2013	#33
Me too! :) nt	abelenkpe	Feb 2013	#39
Awesome! n/t	onestepforward	Feb 2013	#34
President Elizabeth Warren, 2016, and America has a chance.	mountain grammy	Feb 2013	#35
Bazing Senator Warren. I love you!	lonestarnot	Feb 2013	#37
If we don't put this woman in the White House	Le Taz Hot	Feb 2013	#40
I'd really be interested to know how much financial help she got from the DSCC	rhett o rick	Feb 2013	#77
I'm sure Elizabeth Warren wouldn't exactly	Le Taz Hot	Feb 2013	#78
The problem she faces is that she is way to progressive for the party machine.	rhett o rick	Feb 2013	#88
And sometimes	Iwillnevergiveup	Feb 2013	#41
K&R	DeSwiss	Feb 2013	#42
YES !!!!!!!!!!!!!!!!!!!!!	BlueStreak	Feb 2013	#43
You are half right	GiveMeFreedom	Feb 2013	#82
Make an example.	hay rick	Feb 2013	#44
Every time I watch that video it gets better.	MannyGoldstein	Feb 2013	#45
Thanks WillyT! nt	caledesi	Feb 2013	#46
We need more like her!	progressoid	Feb 2013	#47
"Too big to fail has become too big for trial...	longship	Feb 2013	#48
Bingo! Classic line.	MissMarple	Feb 2013	#53
Message auto-removed	Leeds Devil	Feb 2013	#50
Thank you, Elizabeth Warren. Finally a Senator with integrity.	JDPriestly	Feb 2013	#51
Go Elizabeth!	burrowowl	Feb 2013	#52
Bless you Senator Warren!!	johnnyreb	Feb 2013	#54
Women are like chocolate: Soft, sensuous, filling and full of good things that bring life to the	juajen	Feb 2013	#55
Their both of the same gender, and then the comparison ends...	Larry Ogg	Feb 2013	#71
ooooh, the banks aren't going to like this lady for the next six years!	Hulk	Feb 2013	#56
WOW! WOW WOW WOW WOW WOW!	snort	Feb 2013	#57
Thank you Senator Warren (you too WillyT)!!!!!	Scuba	Feb 2013	#58
Nice to have her and the President on our side. nt	EastKYLiberal	Feb 2013	#59
She'll do far more than embarrass them if we elect her prez in 2016. nt	Zorra	Feb 2013	#60
Such a simple question. With such devastating effects.	tclambert	Feb 2013	#61
It shows just how corrupt Washington is, that nobody has ever challenged them before.	reformist2	Feb 2013	#68
I love Elizabeth Warren	malaise	Feb 2013	#65
She makes it SO clear these "regulators" are all lap dogs. They should all be fired.	reformist2	Feb 2013	#67
Elizabeth Warren FTW	malthaussen	Feb 2013	#69
That was awesome!	cate94	Feb 2013	#70
Massachusetts' new Senior Senator...	horseshoecrab	Feb 2013	#73
Yes, she is great.	MrYikes	Feb 2013	#75
She is brilliant!	hamsterjill	Feb 2013	#76
They all squirmed and couldn't bring themselves to say "never"	DFW	Feb 2013	#79
She's great!.	limpyhobbler	Feb 2013	#80
K&R	Raffi Ella	Feb 2013	#81
Hooray for Senator Warren!!!	bvar22	Feb 2013	#87
A couple slingshots like this just might bring some Goliaths down	Blue Owl	Feb 2013	#89
I love it. They stopped her from being in charge of the very agency	Coolest Ranger	Feb 2013	#90
I love her so much.	MirrorAshes	Feb 2013	#91
She is just so freaking awesome!	liberal_at_heart	Feb 2013	#92
And these are the regulators	Prism	Feb 2013	#93
pwn@ge	frylock	Feb 2013	#94
Thankyou Elizabeth	LiberalLovinLug	Feb 2013	#96
Elizabeth Warren for President 2016	Douglas Carpenter	Feb 2013	#97
AWE!!!!!! SOME!!!!!	lexw	Feb 2013	#98
She is very impressive.	Blanks	Feb 2013	#99
I applaud Senator Warren	RT_Fanatic	Feb 2013	#100
This Cherokee is very proud of Elizabeth	chase48	Feb 2013	#101
I love Elizabeth Warren!	Owl	Feb 2013	#102
Pee-wee Herman chimes in	Brother Buzz	Feb 2013	#105
lulz	upi402	Feb 2013	#106
What we are all witnessing is the end of any type of democracy in our God-forsaken nation	truedelphi	Feb 2013	#107

Response to WillyT (Original post)

Thu Feb 14, 2013, 08:42 PM

OldDem2012 (3,526 posts)

Elizabeth Warren Embarrasses Hapless Bank Regulators At First Hearing (VIDEO) - HuffPo

1. Boom! nt.

2. Whoa!

24. For sure

3. New sheriff in town, y'all!

4. Great clip, but could not help noticing all of the bottled water with their labels

12. That is our Royalty there.

63. This portion of Diss the Senate dog and pony show is brought to you by...

5. Love her! I wish she had been in the Senate as the mess unfolded in 2007-2009

6. Now we're cooking with gas! K&R!

7. I LOVE HER!

8. She is A Force to be Reckoned with!

9. Thannk you Mssachesetts for electing the most effective senator the Dems have!

64. YES! Thank goddess for Elizabeth! Long overdue...

103. Yes. She could be the Chip Kelly of the Banking Committee

10. Oh Yeah!!

11. bannedfromkos does not approve

108. Who from Kos?

13. I think she may still have some campaign debt...

14. Willy, thank you for posting this.

62. Alas Ted Cruz is my senator

104. I am so sorry for your situation. =(

15. Can we please clone her?

16. I love this woman more than I can say. nt

17. Thank you for standing up for the American people, Senator Warren

28. "Too BIG to Fail has become Too BIG to Trial."

18. Sen. Elizabeth Warren: a bankster's worst nightmare

19. k+r!

20. Fantastic!!!

21. awesome! k&r!

22. Gee! Just think how if over four years ago...

31. And that they're smart businesspeople.

86. He didn't just say they did nothing illegal.

95. look at all the baseball players wrecking the economy..

23. Amazing woman!

25. Wow...such a rarity to see a Democrat actually like a Democrat anymore!

49. +1

26. "we correct deficiencies"

27. "We don't have to bring people to trial to achieve our supervisory goal."

29. If big banking corporations are people, I hope some of them get the death penalty.

30. My God! It's like she's channeling President Obama!

32. Sorry, but I think it's the other way

38. I was being sarcastic.

66. Please use the sarcasm tag Manny...

72. Ah, sorry. Should've figured it out

74. Okay if I stop by after 5pm?

83. Only if you bring the olives

36. More like FDR.

84. Imagine if she

85. Thank goodness

33. Fantastic. I cannot WAIT til she runs for POTUS

39. Me too! :) nt

34. Awesome! n/t

35. President Elizabeth Warren, 2016, and America has a chance.

37. Bazing Senator Warren. I love you!

40. If we don't put this woman in the White House

77. I'd really be interested to know how much financial help she got from the DSCC

78. I'm sure Elizabeth Warren wouldn't exactly

88. The problem she faces is that she is way to progressive for the party machine.

41. And sometimes

42. K&R

43. YES !!!!!!!!!!!!!!!!!!!!!

82. You are half right

44. Make an example.

45. Every time I watch that video it gets better.

46. Thanks WillyT! nt

47. We need more like her!

48. "Too big to fail has become too big for trial...

53. Bingo! Classic line.

51. Thank you, Elizabeth Warren. Finally a Senator with integrity.

52. Go Elizabeth!

54. Bless you Senator Warren!!

55. Women are like chocolate: Soft, sensuous, filling and full of good things that bring life to the

71. Their both of the same gender, and then the comparison ends...

56. ooooh, the banks aren't going to like this lady for the next six years!

57. WOW! WOW WOW WOW WOW WOW!

58. Thank you Senator Warren (you too WillyT)!!!!!

59. Nice to have her and the President on our side. nt

60. She'll do far more than embarrass them if we elect her prez in 2016. nt

61. Such a simple question. With such devastating effects.

93. And these are the regulators