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Elizabeth Warren

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Autumn

(47,218 posts)
Sun Dec 14, 2014, 01:24 PM Dec 2014

From Outside or Inside, the Deck Looks Stacked [View all]

Just a reminder

Ms. Warren was on the scene for the aftermath of that mess, when she became the chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, which carried out one of the government’s major bailout deals. In her retelling, we watch as the banks that caused the crisis receive special treatment and costly rescues while troubled homeowners get little or nothing.

The Congressional Oversight Panel, she writes, “couldn’t change a system that seemed hellbent on protecting the big guys and leaving everyone else by the side of the road.” About President Obama, she writes, “The president chose his team, and when there was only so much time and so much money to go around, the president’s team chose Wall Street.”

http://www.nytimes.com/2014/04/27/business/from-outside-or-inside-the-deck-looks-stacked.html?_r=0
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