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Bailout Banker Testimony

Bankers vow to build trust with increased lending

AP | JIM KUHNHENN | Posted 05.25.2011 | Business

WASHINGTON — The nation's top bankers came to account for themselves Wednesday to a wary public, displaying a blend of financial might and humil...

Sunday Roundup

Arianna Huffington | Posted 05.25.2011 | Politics
Arianna Huffington

The Academy Awards aren't until next Sunday, but this week provided some Oscar-worthy performances. There was A-Roid acting remorseful about using steroids (although, admittedly, this was nowhere near as convincing as when he denied having used them); Joaquin acting weirder than weird on Letterman; Nadya Suleman acting like there was a rational explanation for a single mom having 14 children via in vitro fertilization; eight banking CEOs unconvincingly acting contrite in front of Congress; peanut butter tycoon Stew Parnell acting like a Mafia don, repeatedly taking the 5th Amendment in front of Congress; and Sen. Judd Gregg acting schizophrenic, withdrawing as Commerce Secretary nominee over policy disagreements after previously lobbying for the post and promising that policy disagreements would not keep him from backing Obama's agenda.

Bankers on the Hill

James Warren | Posted 05.25.2011 | Politics
James Warren

Rarely in the rich history of congressional stonings have the victims been so crisply-attired, so contrite, so deferential, and so tolerant of their grandstanding captors.

Bailed Out Bankers Testify: Live Video, Quotes

Posted 05.25.2011 | Politics

The eight chief executives from bailed out Wall Street banks are testifying today before Congress. The CEOS will be quizzed aggressively on how they ...