Big Bank CEOs Spin

Yesterday morning,  executives from the banks which control the NY Fed and, in that capacity, serve as the depositories and agent for the US government, testified before the Financial Crisis Inquiry Commission. This is the first day of hearings by the commission.

This video, while long, is a relatively good collection of the popular lies promoted to describe an intentional financial coup d’etat as a unintentional crisis.

Continue reading Financial Crisis Panel Questions Big Bank CEOs (video)

Update:

Testimony by Lloyd C. Blankfein to the Financial Crisis Inquiry Commission
Goldman Sachs Media (13 Jan 10)