“The Banks Are Very Emotional”
by digby
Bill Maher picked up on one of my pet peeves about these Wall Street bankers — their very delicate sensitivity about criticism. I also find it fairly incongruous with the square jawed Randian heroics with which they like to associate themselves. Who knew John Galt was such a raving, drama queen?
He also interviewed Elizabeth Warren, who said she once had high hopes that financial reform would happen, but is now fairly cynical about its prospects. She said:
The problems couldn’t be more obvious and quite frankly, the solutions couldn’t be more obvious, but we just can’t seem to get the two together right now.
Maher said he thought that Obama had made his soothing remarks about “savvy” bankers and baseball players because the delicate John Galts would crash the stock market at the least sign of any kind of interference. Warren corrected him: it’s the swarming banking lobbyists, overbearing and relentless that are the real problem. I think it’s both. Wall Street has certainly made no secret of its threats to take their balls and go home if it doesn’t get what it wants. The lobbyists probably carry that message as well.
(Ooops, Youtube pulled. Oh well… you can go here to see it.)
Here’s a substitute Maher that is also quite good:
H/t to JT.