"America Doesn’t Trust You Anymore"

Ouch. NY Times Dealbook is live-blogging the House Financial Services Committee hearing today.

The heads of eight of the country’s largest banks have to answer the question on everyone’s minds: “What are you doing with the money?”

The CEOs taking part in the hearing are: Kenneth D. Lewis of Bank of America, Robert P. Kelly of Bank of New York Mellon, Vikram Pandit of Citigroup, Lloyd C. Blankfein of Goldman Sachs, Jamie Dimon of JPMorgan Chase, John J. Mack of Morgan Stanley, Ronald E. Logue of State Street, and John G. Stumpf of Wells Fargo.

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One response to “"America Doesn’t Trust You Anymore"

  1. More political theater. If Congress is going to haul bank CEOs in for a public spanking, maybe the lawmakers who supported bailout provisions that did not have sufficient spending restrictions should also be shamed like naughty children.

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