Barney Frank lines up the bankers

The CEOs of the country's biggest banks come to Congress to explain themselves. They do not look too thrilled at the prospect.

Topics: Globalization, How the World Works, Barney Frank, D-Mass.,

“There is a great deal of anger in this country,” Rep. Barney Frank, D-Mass., said in his opening remarks at Wednesday morning’s House Financial Services Committee hearing on TARP, accountability and banks. But Frank didn’t look very upset — quite the contrary, he seemed to be having a pretty good time. And why not, lined up in front of him were a murderer’s row of CEOs of the nation’s eight biggest banks. Could Barney Frank possibly have any more fun than a couple of hours in which to deliver a verbal horsewhipping to the likes of Citigroup’s Vikram Pandit, Bank of America’s Ken Lewis, Goldman Sachs’ Lloyd Blankfein, and JPMorgan’s Jamie Dimon?

The bankers, on the other hand, did not seem to be so pleased to be there.  Understandably — in his opening remarks, arch-conservative Jeb Hensarling, R-Tx., said “I hope this will not be an opportunity for class warfare.”

But that horse is out of the barn.

Pass the popcorn, and pull up the lawn chairs. We’ll be here all morning.

Andrew Leonard

Andrew Leonard is a staff writer at Salon. On Twitter, @koxinga21.

More Related Stories

Featured Slide Shows

  • Share on Twitter
  • Share on Facebook
  • 1 of 11
  • Close
  • Fullscreen
  • Thumbnails

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Elliott and the friends with whom he recorded in middle school in Texas (photo courtesy of Dan Pickering)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Heatmiser publicity shot (L-R: Tony Lash, Brandt Peterson, Neil Gust, Elliott Smith) (photo courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Elliott and JJ Gonson (photo courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    "Stray" 7-inch, Cavity Search Records (photo courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Elliott's Hampshire College ID photo, 1987

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Elliott with "Le Domino," the guitar he used on "Roman Candle" (courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Full "Roman Candle" record cover (courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Elliott goofing off in Portland (courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    Heatmiser (L-R: Elliott Smith, Neil Gust, Tony Lash, Brandt Peterson)(courtesy of JJ Gonson photography)

    "Roman Candle" turns 20: Secrets of Elliott Smith's accidental masterpiece (slideshow)

    The Greenhouse Sleeve -- Cassette sleeve from Murder of Crows release, 1988, with first appearance of Condor Avenue (photo courtesy of Glynnis Fawkes)

  • Recent Slide Shows

Comments

0 Comments

Comment Preview

Your name will appear as username ( settings | log out )

You may use these HTML tags and attributes: <a href=""> <b> <em> <strong> <i> <blockquote>