Bailed Out Bankers Testify: Live Video, Quotes

The eight chief executives from bailed out Wall Street banks are testifying today before Congress. The CEOS will be quizzed aggressively on how they have used more than $160 billion in taxpayers' money. Watch the hearing live here... See below for a list of paraphrased quotes from the hearing.

Visit msnbc.com for Breaking News, World News, and News about the Economy

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JP Morgan CEO: We Bear Some Responsibility For The Current State Of Financial Markets...

Bank Of America CEO: We Are Lending... We Intend To Pay The TARP Funds Back... We Play A Supporting Role In The Economy...

State Street CEO: Myself And Six Other Members Of Our Leadership Team Are Forgoing Incentive Compensation...

Citigroup CEO: We Continue To Reach Out To Homeowners... The World Is Changing Very Fast... I Want To Say Something About The Airplane That Was In The News... We Need To Do A Better Job of Acknowledging The New Reality... My Salary Should Be $1 A Year Until We Return To Profitability...

Wells Fargo CEO: We're Americans First, Bankers Second... We Made A $3 Billion Profit Last Year...

Chairman Barney Frank: If You Want To Give Back The Money, We Will Take It

Comments

[moneyman1]

07:40 PM on 02/11/2009

A dog and pony show not worth your time to watch. The Congress will do nothing to protect the horse which has already been stolen because money is the mother's milk of American politics and Barney and the rest of the big talkers have been bought and paid for with taxpayer money. Revolution is in the air and Thomas Jefferson said it best - "From time to time the tree of liberty must be fertilized with the blood of tyrants"

[Baltotoast]

05:04 PM on 02/11/2009

See link: http://www.ecto-web.org/~spookcentral/cast_crew_rick_moranis.htm

[DACC]

05:02 PM on 02/11/2009

bryn;
new main thread

[brynnrose thorn]

05:02 PM on 02/11/2009

Gotcha.

[Baltotoast]

04:49 PM on 02/11/2009

Anyone else think that Blankfein looks like Rick Moranis (Ghostbusters)?

[DACC]

04:53 PM on 02/11/2009

sorry, don't know who that is.

[friskee1]

06:46 PM on 02/11/2009

he was on ghostbusters abd honey i shrunk the kids. people who were born before 1985 know him

[Episcopagan]

04:32 PM on 02/11/2009

victoria38 is upset that the Salt Marsh Harvest Mouse is being saved.

Probably wanted a hat to match her jacket.

[brynnrose thorn]

04:38 PM on 02/11/2009

101 Meeses. Starring Vicky DeVille.

[DACC]

04:47 PM on 02/11/2009

LOL!

[victoria38]

04:09 PM on 02/11/2009

Nice work Dems...just saw where the pork bill has 30 Million in it to save the Salt Marsh Harvest Mouse...oh you don't know about this? Well it just happens to be in Pelosi's district...Now that stimulus all us conservatives can support..!! Look it up before castigating my post..

[brynnrose thorn]

04:26 PM on 02/11/2009

Mice is nice. I blame Disney, Jacque and Gus-Gus. Way too cute.

[rockyb26]

04:41 PM on 02/11/2009

DEFINE PORK

[DACC]

04:01 PM on 02/11/2009

I'm sure this has been said before but with the negative entities present today it bears repeating
For all you silly little tro//s here who feel it is your civic duty to discount, dispel, negate or attempt to counter the country finally heading in the right direction, you forget that you and your ilk's fingerprints are all over the problems. Get that? YOU caused the problems, not us. We knew manifesting lies and starting an unjust w a r was not the right thing to do, we knew it was wrong to t o r t u r e human beings, we knew those caught in the rapture of K a t r i n a deserved better and more expedient assistance, and that's just a few of the things WE KNEW should never have taken place. You not only didn't know it, but you encouraged the wrongs, compiling one false excuse after another why they had to take place. You are so entrenched in your misguided party lines that you would prefer failure to moving away from ideologies that have been proven to be ineffective, counter-productive and inhumane. Know this: we will NEVER move back to the leadership style of self-serving mediocrity and ineptness ever again. If your party continues to express the goals and ambitions as being represented by your comments here your presence as a party will diminish to the point of obscurity. If that is your hope, do continue.

[rockyb26]

04:18 PM on 02/11/2009

great post

[DACC]

04:47 PM on 02/11/2009

coming from you I take that as a great compliment, thank you

[victoria38]

03:51 PM on 02/11/2009

You Libs crack me up..You try to outdo each other when it comes to t*ashing people who disagree with you. When someone like me bit*s back, you get all huffy, and outraged..Grow up ! It's a forum for give and take. If you cannot handle that maybe you should not be here..

[DACC]

04:34 PM on 02/11/2009

see my most recent post

[DACC]

04:39 PM on 02/11/2009

someone like you b i t e s back???
NOTHING, I repeat, NOTHING you have posted smacks of any form of intellectual dialogue.
From my perspective your comments just represent another unhappy tro// still nursing the sting of the b*tchslapping your party experienced on 11/4. That's it, nothing more...

[brynnrose thorn]

04:49 PM on 02/11/2009

I seriously doubt V cares about any party or idiology other than her own. Appears to be a classic masochistic tr0ll. I've never seen anything other than hit-and-run nastiness.

[Julymoon]

03:47 PM on 02/11/2009

What's up with the angry tro-lls today?

[HumeSkeptic]

03:48 PM on 02/11/2009

Repeated meltdowns all day.

[DACC]

03:46 PM on 02/11/2009

I'm sure this has been said before but with the negative entities present today it bears repeating
For all you silly little tro//s here who feel it is your civic duty to discount, dispel, negate or attempt to counter the country finally heading in the right direction, you forget that you and your ilk's fingerprints are all over the problems. Get that? YOU caused the problems, not us. We knew manifesting lies and starting an unjust war was not the right thing to do, we knew it was wrong to torture human beings, we knew those caught in the rapture of Katrina deserved better and more expedient assistance, and that's just a few of the things WE KNEW should never have taken place. You not only didn't know it, but you encouraged the wrongs, compiling one false excuse after another why they had to take place. You are so entrenched in your misguided party lines that you would prefer failure to moving away from ideologies that have been proven to be ineffective, counter-productive and inhumane. Know this: you can type your vitriol here till you are blue in the face but we will NEVER move back to the leadership style of self-serving mediocrity and ineptness ever again. If your party continues to express the goals and ambitions as being represented by your comments here your presence as a party will diminish to the point of obscurity. If that is your hope, do continue.

[Episcopagan]

03:39 PM on 02/11/2009

Hume--you will want to bookmark this. Perfect rebuttal to the tr0lls claiming that the 1980s growth was fueled by Reagan's taxcuts.

St. Ronnie raised taxes in 7 of his 8 years in office.

Wingnuts try to rewrite history: Reagan RAISED taxes
http://qwstnevrythg.com/archives/6001

[HumeSkeptic]

03:43 PM on 02/11/2009

I read that the last time you posted. It is wonderful. There is a new article on alternet.org that is also good. I lost the link.
.

[truthynesslover]

03:29 PM on 02/11/2009

I missed the banksters name but he said 70% of the 25 billion he got went to non-profits.
Pretty telling,no?

[Anda]

03:29 PM on 02/11/2009

I think that Congress should give us the money and let us(the public) bail out these guys.

[HumeSkeptic]

03:27 PM on 02/11/2009

Here's an old gem from theBeautifulJester:
---------------------------------

What do you think about Je-ws, Blacks, Native Americans, Latinos and Asians?
By: proud2bindy on September 16, 2006 at 08:26pm

"Uh, fu-ck 'em, fu-ck 'em, fu-ck 'em, fu-ck" em, and fu-ck 'em?
It's a great country, man, assimilate and handle your business.
Does that work for you?"
By: BJClinton on September 16, 2006 at 08:40pm
------------------------------


I wish Tiffany was around to read this, then decide if this guy is WT or not.
.

[Episcopagan]

03:30 PM on 02/11/2009

Tiff seems to have a wee hypocrisy problem.

TiffanyHusseinBanned
Hey do you want to hear and see the most ghetto the most awful song ever made? Someone sent it to me a month ago and I can't get over it. It's too ghetto. Ghetto isn't the word to describe this song. It's just bad.
posted Feb 10, 2009 at 21:56:36

One would think calling someone "ghetto" was as bad as calling someone "white tr@sh."

[HumeSkeptic]

03:33 PM on 02/11/2009

Amazing! Talk about double standard.

[trollslayer]

03:46 PM on 02/11/2009

Nice find.

TiffTroIIDefender thinks she has the market cornered on what's appropriate.

[DACC]

03:11 PM on 02/11/2009

Someone remind me of the target date the POTUS had for this proposal to land on his desk.