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CSPAN Capitol Hill Hearings September 17, 2013

Or lack thereof, do you think the people who were responsible for these decisions that led to this crisis have been held accountable . Wow. I know that is a question on the publics mind. I will Say Something that may not resonate with a lot of public. If you except my explanation of the crisis, the excesses have been building for years, that a giant credit bubble burst, that a definition of a bubble is something that the market never fully understands until it burst, and my explanation that every financial crisis in history has its roots in flawed Government Policies and manifest itself in the financial system, no matter how it is structured, then, you may except my answer, which is that the banks made a lot of mistakes and there is if we should focus on those mistakes, we should correct them, but the men who are running these banks and the people who are running these ba ....

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