Like Being Dumped In The Atlantic Without A Life Raft: A Congressman’s Candid View Of The Banking Crisis

Representative Paul Kanjorski of Pennsylvania recalls some heretofore unreported facts about the banking crisis. Basically, he tells of an electronic run on money market funds that occurred at the height of the crisis. Watch all of it – only about four minutes – to also hear some refreshing candor about how blind Congress and the administration are flying with the bank bailout bill.

Via: Infectious Greed and LiveLeak

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