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Video & Quotes from the Bank CEO Congressional Grill

Who does not enjoy a good barbeque? Today Congress had a very good roast. On the menu were TARP receipient CEOs.

Hopefully these words will turn into action and Congress will demand a better restructuring for the financial sector. I would prefer not blowing $2 trillion dollars ($3 trillion, $4? who's counting these days?) and simply nationalize the banks but hey, that's just me.

In the interim, I think we all can have some fun watching Congress roast these bank CEOs over the coals.

From reuters:

Taxpayers were screwed to the tune of $78 billion, much of it by the the firms represented here - Rep. Brad Sherman

Sherman - "Don't Insult Our Intelligence"