[via The Hill]
The words “hell fuck yeah” don’t actually exit TARP Congressional Oversight Panel chair Elizabeth Warren’s mouth but it sounds like she’s thinking it!
Melissa Francis: What restrictions would you want to put on the hedge funds and PIMCO and everyone else that applied to be a manager? Would you want to restrict their compensation structure?
Warren: You know I’m going to go back to a more basic principle if you want to take taxpayer dollars then you cannot pretend it’s business as usual. You are now involved in a giant government program in which we are spending taxpayer dollars to try and support a market that is clearly stumbling. Our job is to be outside that program, our job is to be cranky and to ask for accountability for every bit of it. I’m going to leave it in that structure.
Francis: So it’s not off the table. You might talk about limiting Bill Gross’s pay?
Warren: I think these are entirely appropriate questions.

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Comments (34)

  1. Posted by Lowly Assistant | May 11, 2009 at 1:28 PM

    This is what happens when you’re from Harvard and have never worked a fucking day in your life, outside of Cambridge. Idiots. All of them.

  2. Posted by guest | May 11, 2009 at 1:30 PM

    if bill gross’s salary is capped, who will advertise on CNBC? besides the “we’ll make your dreams come true” people?

  3. Posted by guest | May 11, 2009 at 1:31 PM

    Completely appropriate. Hope I see equity markets down another 30% from here …

  4. Posted by guest | May 11, 2009 at 1:34 PM

    I’d just like to have Bill Gross capped period, and all the rest at PIMCO. Every last one of them are full of shit.

  5. Posted by guest | May 11, 2009 at 1:35 PM

    Is it me or does Elizabeth look like she could be a little freaky

  6. Posted by guest | May 11, 2009 at 1:36 PM

    @5 She smokes quite a bit of hash I’m told.

  7. Posted by Anal_yst | May 11, 2009 at 1:36 PM

    Well I was going to say something not quite as violet as @4, but I mean, yea…

  8. Posted by guest | May 11, 2009 at 1:36 PM

    Change We Can Believe In

  9. Posted by guest | May 11, 2009 at 1:37 PM

    After all we’ve seen, anyone that gets involved with PPIP deserves whatever happens to them.

  10. Posted by guest | May 11, 2009 at 1:37 PM

    Hah, there’s no way Timmy would let this happen without his input. This provision would kill PPIP. No doubt about it. Let’s get this straight, neither BlackRock nor PIMCO need this more than the govt needs to the markets to function properly again.
    You can’t bite the hand that tries feeding you…

  11. Posted by guest | May 11, 2009 at 1:40 PM

    @10 The govt. bites the hand that feeds it every fuckin day. Wake up!

  12. Posted by guest | May 11, 2009 at 1:40 PM

    I would pound Ms. Warren in the ass until she couldn’t walk.
    Big Baby Davis

  13. Posted by guest | May 11, 2009 at 1:43 PM

    I’m going to Galt’s Gulch – who’s with me

  14. Posted by guest | May 11, 2009 at 1:53 PM

    That’s one way to kill the program

  15. Posted by guest | May 11, 2009 at 1:53 PM

    She clearly hadn’t thought that through. At least in the legacy loans program, capping pay caps returns, plain and simple. No one would participate in that situation.

  16. Posted by guest | May 11, 2009 at 1:55 PM

    She clearly hadn’t thought that through. At least in the legacy loans program, capping pay caps returns, plain and simple. No one would participate in that situation.

  17. Posted by guest | May 11, 2009 at 1:59 PM

    Wait, whoa, whoa, whoa!
    Are you telling me that people respond rationally to economic incentives and disincentives? If I take this through to it’s ultimate extreme, are you telling me that punitive taxes on The Rich (ie, midlevel professionals and up) might disincentivize them from working hard?
    Dayummmmm. Let me think about that one.

  18. Posted by guest | May 11, 2009 at 2:04 PM

    @12:
    Leave black people and Big Baby Davis out of this. This is white people’s fault.
    You white people are like cancer.

  19. Posted by guest | May 11, 2009 at 2:09 PM

    @12, or at least push her down like that fat kid last night

  20. Posted by guest | May 11, 2009 at 2:21 PM

    18 = Maxinne Waters.

  21. Posted by guest | May 11, 2009 at 2:37 PM

    @19 i was that fat kid you jerk.

  22. Posted by guest | May 11, 2009 at 2:45 PM

    @ 5 — she totally looks like the typical “sleeper” — A nice pure looking farm girl from Nebraska type but a total nympho in the rack…

  23. Posted by Investorcluzo | May 11, 2009 at 2:52 PM

    one of the pm’s I know was in washington a few weeks back and was told outright that the gov’t would clawback $$’s if they felt the participants were making too much. the person said “we work for the public and will respond to their concerns and act in their interest”. good luck finding “smart” money to play in the ppip…I have a feeling wilbur was strong armed into participating.

  24. Posted by guest | May 11, 2009 at 2:54 PM

    @12, @19 and @22
    that is sick and wrong..but i love it. the only reason E Warren is able to comment with a straight face about these issues is that she hasnt gotten any in 45 years

  25. Posted by guest | May 11, 2009 at 2:59 PM
  26. Posted by guest | May 11, 2009 at 2:59 PM

    Guests@#5,#12,#22…
    You clowns are just now beginning to appreciate the tremendous potential inherent in a woman like Ms. Warren.
    TGFD was after chicks like her over 40 years ago. Very hot.
    It appears that TGFD has been a good influence on you. I’m impressed.
    The Guy from Delaware

  27. Posted by NAS Keflavik boi | May 11, 2009 at 3:09 PM

    A big “BZ” to you, TGFD. Those demure, almost drab looking gals are the ones to go for. I recall a certain mousy ERISA lawyer that nearly gave me a stroke. The beauty queens and show-offs are inevitably disappointing, not to mention total pains in the ass.

  28. Posted by guest | May 11, 2009 at 4:34 PM

    Here here 27, never pass up an opportunity to bang either a fat chick, a homely gal, or a milf say between 45 to 55. Hopefully you will live to recount the experience to your friends over a beer one day.

  29. Posted by guest | May 11, 2009 at 4:36 PM

    Elizabeth Warren. Absolutely filthy in bed. My guess anyway.

  30. Posted by guest | May 11, 2009 at 4:46 PM

    Elizabeth Warren. Barrel. Ball gag. Discuss.

  31. Posted by ccs | May 11, 2009 at 5:04 PM

    “Your whiteness sickitates me.”
    Louis Farfakhan

  32. Posted by ccs | May 11, 2009 at 5:05 PM

    “I agree with 18, your whiteness sickitates me.”
    Louis Farrakhan

  33. Posted by guest | May 11, 2009 at 5:13 PM

    Guest@#28…
    That was a very unpleasant swipe you took at NAS K Boi. You sound like someone with no experience in the matter.
    Guest@#29…TGFD agrees with you.
    Guest@#30…Tell us how you would proceed with Ms. Warren.
    As I watched the video clip, even from the very beginning, TGFD was thinking about Ms. Warren’s ability to generate the kind of excitement that would make me want to sample her particular charms.
    I’m glad to hear that many of you goons were thinking the same thing.
    The Guy from Delaware

  34. Posted by guest | May 11, 2009 at 5:21 PM

    The PPIP is like a bad joke with no punchline.

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