Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. government."

[D-Mack]

"A lot of people think that the president of the New York Fed works for the U.S. government. But in fact you work for the private banks that elected you."

[jiimbergin]

Re: Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. governme

"A lot of people think that the president of the New York Fed works for the U.S. government."

You mean he doesn't!!;);)

[raja]

Re: Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. governme

"A lot of people think that the president of the New York Fed works for the U.S. government. But in fact you work for the private banks that elected you."

I don't think Kaptur "chewed up" Geithner, as the video is titled. He did a good job answering the questions. (I'm not saying I agree with his actions or their outcome.) She came off kind of stupid, IMO.

[LargoWinch]

Re: Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. governme

The real issue here is why discussing these extraordinary measures after the fact?

This is a circus that clearly illustrates how the system is a farce.

[phirang]

Re: Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. governme

Kaptur IS a moron.

SocGen got paid almost twice what GS got paid.

Why isn't SocGen mentioned?

Trop complique? lol

[sishya]

Re: Kaptur:"A lot of people think that the president of the New York Fed works for the U.S. governme

Kaptur IS a moron.

SocGen got paid almost twice what GS got paid.

Why isn't SocGen mentioned?

Trop complique? lol

Oh, so since former SocGen was not the Treasury Sec at the time of payout, Kaptur's logic is false and she IS a moron. What an argument.