Ad hoc observations.
Lloyd Blankfein seems like Al Capone as compared to Jamie Dimon as Lucky Luciano.
If I were a prosecutor, I would key in on Lloyd because of his edgy, talkative nervousness.
Is there a purpose to this questioning or is it just for show? Are they going to
be interviewing critics of the banking system's actions in this crisis at any point?
Lloyd is fruitful ground. "Money became plentiful, and so people paid less attention to risk." Put that in your pipe and smoke it, Ben.
As if anyone except for a Federal Reserve governor would not already understand that relationship.
This is pure theater.
"A new, invisible and at times virtual, tyranny is established, one which unilaterally and irremediably imposes its own laws and rules. Moreover, indebtedness and credit distance countries from their real economy and citizens from their real buying power. Added to this, as if it were needed, is widespread corruption and selfish fiscal evasion which have taken on worldwide dimensions. The will to power and of possession has become limitless." Francis I, 16 May 2013