Watching the Senate Testimony

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.