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‘Daily Show’: American Grandstand, Banking Episode

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Posted on Feb 13, 2009
Daily Show

Was it too much to expect a show of contrition or sacrifice when CEOs from eight of the nation’s biggest banks turned up on Capitol Hill last week to dodge questions about how they used their respective chunks of bailout change? Probably.

Comedy Central:


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By samosamo, February 16, 2009 at 2:11 pm Link to this comment

By KDelphi, February 16 at 10:47 am

Well, for me though they aren’t the big fish so to speak, they do represent the lesser big shots, like used car salesmen, that just want a chunk of the change and their idea of themselves being perfect goes up in smoke because their attempt to steal did not quite work but in most cases probably they brought grief to those who entrusted him with their money. And where I come from and and in many states where is has been signed into law, a person can use deadly force to stop someone from harming him/her, the family and property. These situations may not apply but those people offing themselves saves those that have lost a lot from adding the extra burden of harming or killing that person which they would most ‘richly’ deserve.

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By KDelphi, February 16, 2009 at 11:47 am Link to this comment

This is Bill Moyers with Simon Johnson, Feb. 13…someone else posted it, and, I just watched it. If it doesnt piss you off, youre half dead.

samosamo—how is it just deserts and for whom? The Captains of Finance got everything they wanted and all the CEOS got was a little lecture from Gary Ackerman. We’ll be paying for this for generations. The “CEO salary cap at $400,000” is a joke.

If the Dumb Dems had put a tax on the rich to pay for this bailout (ala Nader) , or, seized some assets or stopped all bonuses (Sanders, Kucinich), OR, even allowed us—who bought these pieces of crap—to recover our money (NOT Geithner!), we wouldnt be paying for it the rest of our grandkids lives…

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By samosamo, February 14, 2009 at 3:11 pm Link to this comment

I think this is the best place to present this link:

These are the ones that sort of get away but it is just desserts all the same and good riddance.
Jump baby, jump.

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By Chris, February 14, 2009 at 11:48 am Link to this comment
(Unregistered commenter)

So true—Wall Street engineered the Oct. bank bailout and Congress was dumb enough to give them the money with no strings attached. Congress and Wall Street are both to blame for this continuing mess. The argument can even be made that past administrations (e.g. Reagan, Bush Sr, Clinton) contributed to the oncoming economic storm.

They should have let the banks fail. Granted, there would still be economic pain but at least the stupidity and incompetency would’ve been weeded out.

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