« Barack and Barney Look to Further Plunder Freddie and Fannie
Dylan Ratigan Asks for Some Transparency
Posted by Larry Doyle on June 22, 2009 5:04 PM |
Credit to Nathan Martin, a contributing author at Wall Street Pit, for highlighting this engagement between Dylan Ratigan and Christina Romer, Chair of the Council of Economic Advisers in the Obama administration.
To be perfectly frank, our general media has inured us to softball questions for our political and financial establishment. To that end, financial blogs are carrying the real weight of the day in terms of investigative journalism and critical questioning.
Against that backdrop, Mr. Ratigan’s questioning of Ms. Romer about the lack of transparency and integrity of Wall Street lobbyists’ engagement with Washington is particularly appreciated if only because it happens so infrequently,if at all.
For those interested in this topic, I resubmit:
1. A Real Regulatory Review: Sense on Cents Interview with Bill Singer
2. Future Financial Regulation: Not a Question of Sufficiency, But of Transparency and Integrity
3. How Wall Street Bought Washington
LD
Stay the course . . . we will continue to fight the good fight in airing the issues surrounding this topic!!
LD
This entry was posted on Monday, June 22nd, 2009 at 5:04 PM and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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I am looking forward to the Darin Radigan show as he will be asking some penetrating questions. I remember when the Credit Default Mess was comming to light and he made the comment that “this was just theft as the sellers of the CDS’s had minimal or no reserves.
Its been my observation that Christina Rhomer is a mouth piece who has a Phd in Economics, but limited insight in terms of what has to be done. She can talk about the depression, but I wonder if she can address the future. I guess her specialty is historical, but it is unfair to her to put her out in the meat grider. They hope for softball compliant press, but is in trouble when things get substantive.
She always tries the cheery female approach. I relly prefer people like Hillary, Alice Rivelin, Sheila Bair and Elizabeth Warren who can play hardball and are able to contribute to the discussion.