If corrupt bankers in the U.S. ever go to jail (as their colleagues in Iceland did), chances are Sen. Elizabeth Warren (D-Massachusetts) will be behind the effort, as will those who lost their homes through the illegal maneuverings of people who walked free because, hey, you can't punish banks — they're just too big.
This exchange took place yesterday, April 11, during the Senate Banking Committee's Subcommittee on Financial Institutions and Consumer Protection Hearing. Sen. Warren faced Daniel P. Stipano (Deputy Chief Counsel, Office of the Comptroller of the Currency) and Richard Ashton (Deputy General Counsel, Board of Governors of the Federal Reserve).
If you lost your home because of these guys, you'll love this video. If you're on the other side, it will be a reminder of something you already know: if Sen. Warren is in the room, come prepared and watch your butt.
Support Local Journalism.
Join the San Antonio Current Press Club
Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.
Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.
Join the San Antonio Press Club for as little as $5 a month.