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.
"When you speak these things, they will not listen. When you call to them, they will not answer. 'This is the nation that would not listen to the Lord their God. Truth has perished among them. Raise up a dirge on the barren heights, for the Lord has rejected and abandoned them under His wrath. For the Judeans have done what is contemptible in My sight.' This is the Lord’s declaration. 'They have set up detestable things in the house that is called by My name — and defiled it.'" Jeremiah 7:27-30