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business newsEconomic Snapshot: The Banking Hearing's Best Lines
Our unscientific poll.
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Yesterday's banking hearing in front of the House Financial Services Committee was that rare combination of outrage, hubris and awesome one-liners!
The congressmen (the outraged ones) displayed an impressive command of trash talk, dealing a number of scathing verbal blows to the CEOs (the hubristic ones) of Bank of America (BAC), JPMorgan Chase (JPM), Wells Fargo (WFC), Morgan Stanley (MS), Goldman Sachs (GS), Citigroup (C) and others.
Here are the day's best beat-downs, as voted on by our own constituents:
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The Banking Hearing's Best Lines |
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"I have some people in my constituency that actually robbed some of your banks and they say the same things [as you] - they're sorry, they didn't mean it, they won't do it again."
- Rep. Michael Capuano (D-MA)
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"I think we can call this a shareholders meeting."
- Rep. Randy Neugebauer (R-TX)
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"For anyone who contends that you do not need the money and that you did not ask for it, please find a way to return [it] to the Treasury Department before you leave town."
- Rep. Paul E. Kanjorski (D-PA)
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"You once lived in a one-way mirror, unaccountable to the public at large… But when you took taxpayer money you moved into a fishbowl."
- Rep. Paul E. Kanjorski (D-PA)
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"If in good times you were told you weren't going to be getting a bonus, what part of your job would you not do? Would you, like, leave early on Wednesdays?"
- Rep. Barney Frank (D-MA)
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"America doesn't trust you any more... I don't have one single penny in any of your banks."
- Rep. Michael Capuano (D-MA)
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"What you do with your money is your business. What you do with the taxpayer money is our business."
- Rep. Jeb Hensarling (R-TX)
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