Grayson Grills Citigroup CEO

CEOs of the biggest bailed-out banks finally appeared before Congress. Over the course of a seven-hour hearing, there were remarkably few revealing moments. One, though, stood out. Rep. Alan Grayson, a feisty former prosecutor, dug his claws into Citigroup's CEO over a deal that could end up costing the taxpayers hundreds of billions of dollars.

Category:

People & Blogs

Tags:

• alan grayson
• Bachus
• bailout
• bank
• banks
• campaign finance
• CEO
• CEOs
• citibank
• Citigroup
• federal reserve
• Financial Crisis
• Florida
• Grayson
• Pandit
• Spencer tarp
• Vikram Pandit

[khafanov]

this is absurd.. how can americans let such things go? they should be in streets protesting demanding their money.. how can the beleive in obama who made his own 780billion bill which is gonna be not effective in any way just like the oter 700billion rescue bill. how can americans let such corrupt system stay in power? America needs real change.. it needs an overhaul of its monetary system.. it needs a person like Ron Paul.

[thomdd1959]

What a Sick Joke! The big banks own The Fed Scam!

[WRXSubaru08]

5 minutes to ask where 250 Billion dollars of American tax payers money is? Really? If the IRS was questioning us where our tax money is are they only going to ask us for 5 mins or drill us till we pay or go to jail?

[bobsizzz]

Grayson you are a God send. If you were President, America and the rest of the nations would be prospering now. I wish you would run for President because you sure got my vote. Keep the pressure on these crooks and the truth will come out how these bankers have been manipulating wars just to benifit from them. They are all lucaferians and I hope they all burn in hell.

[WRXSubaru08]

5 minutes to ask a greedy business man questions about screwing tax payers over is ridiculous. I understand things should have a time limit but 5 minutes is to little time to dig deep into these problems.

[redjelly39]

The Federal Reserve is a group of PRIVATELY owned banks. Refer to the Federal Reserve Act of 1913 when Woodrow Wilson gave away the US to the banks.

Thomas Jefferson has this to say about the central bank. A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army... We must not let our rulers load us with perpetual debt.

"Give me control of a nation's money and I care not who makes the laws." Mayer Amschel Rothschild

[expatted]

The banks fuck over American workers.

[mrbobawesome]

1 person doesn't like this. Who knew that Ben Bernanke even had time for YouTube?

[EcrossH]

These bankers are nothing but thieves. They were deregulated and immediately went to gambling with our homes and pensions; no, in fact, they wrote mortgages that were INTENDED to fail, insured them (we pick up the bill), and BETTED on them failing. Before 9-11 happened, white collar crimes were exceeding anything in history, and the FBI indicated that 80 FUCKING PERCENT of fraud committed in mortgage agreements was done BY THE LENDER, i.e. these big bank CEO pricks. Fuck them all.

[51disco]

The said joke is that Wachovia laundered billions of dollars for Mexican drug cartels. and nobody is being indicted,The phase to big to fail should be changed to big to indict.

[duckinmypants]

@khafanov

You are absolutely and completely correct. However, I feel Obama has very little to do with this, or very little that he will do with it. Americans are stupid, lazy, unaware and compliant. Individual Americans can be intelligent and proactive, but as a group we are preoccupied with us versus them topics of politics which distract us along with our true God: TV.

There is no sense of responsibility, ironic for a country of by and for the people.

[xadam2dudex]

most of these CEO's either are just dumb or act dumb.. this Citi CEO is arrogant in his attitude..when did the US go into the investment banking insurance business ?