Maxine Waters

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    Christmas Come Early: Entire House Financial Services Committee Hearings To Be Devoted To Asking People Who Their CEO Is

    Rep. Maxine Waters (D., Calif.) was tapped Tuesday by House Democrats to serve as the ranking member on the influential House Financial Services Committee, promoting a vocal liberal who has long been critical of Wall Street. Ms. Waters will succeed Rep. Barney Frank of Massachusetts, who is retiring at the end of the year, as […]

    / Dec 5, 2012 at 11:53 AM
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    Jamie Dimon To Be Asked Why He Was Running JPMorgan Like SeaWorld, Hopefully

    If we’re being totally honest, while it had its moments, last week’s Jamie Dimon Congressional hearing to discuss Whale Boy was a bit of a letdown, theatrically-speaking. This was probably due in large part to the fact that it was conducted by the Senate Banking Committee, and the Senate typically comes off intelligent and reasonable compared to the House,* and proceeded accordingly. As we surely don’t have to tell you, this is not the kind of hearing we are interested in.

    We are interested in hearings that involve Congressmen and women screaming “I CAN’T BELIEVE YOU HAVEN’T BEEN PROSECUTED YET!!!” at financial services employees and accusing them of dressing up as Girl Scouts in order to deceive the public. We are interested in hearings that involve the use of the term “smart-alecks.” We are interested in hearings that involve subjects being told to be more like Magic Johnson. We are interested in hearings that involve subjects who’ve never worked for Goldman Sachs being grilled until they break about working at Goldman Sachs. We are interested in hearings that involve bath salts, or the suggestion that the people conducting it have taken a bunch of them and at any moment might leap across the dais to eat the witness’s face off. Fortunately, we might get the chance for all that and more tomorrow, when Dimon makes another trip down to D.C. to appear before the House Financial Services Committee to talk whales.

    In House Testimony, Dimon Sticks To Script [Dealbook]

    *Make no mistake, most of them fell short of becoming Rhodes Scholar Quarterfinalists, but we’re speaking in relative terms here.

    / Jun 18, 2012 at 5:07 PM
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    Maxine Waters In Line For Promotion

    Massachusetts Rep. Barney Frank, the powerful top Democrat on the House Financial Services Committee, announced Monday that he is retiring from the seat he has held for more than three decades…His decision will almost certainly have ripple effects as Democrats compete for Frank’s committee slot. Rep. Maxine Waters (D-Calif.), the second-ranking Democrat on the Financial […]

    / Nov 28, 2011 at 12:44 PM
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    Maxine Waters And Jon Corzine To Have A Little Chat

    Yes, the rest of the House Financial Services Subcommittee on Oversight and Investigations members will be there but, fingers crossed, it’ll feel like the Representative from California and the former Goldman Sachs CEO are the only two people in the room. This is her moment. This is the one we’ve been waiting for. Dot will […]

    / Nov 22, 2011 at 5:03 PM
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    Maxine Waters Wants To Know Why John Mack’s Wife Got Money From Ben Bernanke And African American People Got None

    Earlier today, Ben Bernanke had the pleasure of sitting down for a little Q&A with Congress about the economy. Former Real World cast member Sean Duffy inquired as to whether or not raising taxes would hurt job growth. Ron Paul asked if gold is money and had his mind blown when he was told it […]

    / Jul 13, 2011 at 6:32 PM
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    The House Financial Services Committee Starts A Blog, Wants To Entertain You

    Earlier this morning, the House Financial Services Committee unveiled a new website that includes 1) a place to comment on legislation 2) a handy form for anyone who knows of someone up to no good found under the section “You Blow The Whistle” and 3) a blog called The Bottom Line. Here’s what they had […]

    / May 9, 2011 at 3:13 PM
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    Maxine Waters: The Probed Becomes The Prober!

    As you may have heard, Congresswoman Maxine Waters is currently being investigated on charges she arranged stimulus funds for a minority-owned bank in which Mr. Waters owned stock. Max maintains her innocence and wants a public trial to be held “as quickly as possible so she can clear her name.” In the meantime Ms. Waters […]

    / Dec 7, 2010 at 1:11 PM
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    Maxine Waters: “We Need A National Moratorium On Foreclosures”

    “It’s proven by the fact that you have millions of people who are in foreclosure who never should have been in foreclosure. This just didn’t happen because there were a lot of irresponsible people. Think about it. This is unprecedented, that this many people, all of a sudden, would be in foreclosure. What went wrong?” […]

    / Oct 13, 2010 at 10:15 AM
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    How Would Maxine Waters Question Maxine Waters About The Kevin Cohee Allegations?

    As previously mentioned, Maxine Waters has been accused of some questionably ethical dealings. The Congresswoman from California has denied that she’s violated any house rules and as a result, will take part in a public hearing rather than admitting to any wrongdoing. Naturally you can expect any hearing involving Waters to be an extremely entertaining […]

    / Aug 12, 2010 at 2:30 PM
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    Maxine Waters To Potentially Give Greatest Performance Of Her Career

    “I have not violated any House rules,” Waters said in a statement today. “Therefore, I simply will not be forced to admit to something I did not do.” Instead, the Representative from California will be taking part in a public hearing “rather than admitting to any wrongdoing.” The House Ethics Committee has said it formed […]

    / Aug 2, 2010 at 4:36 PM
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    Ben Nelson Clueless About ATMs

    Ok, so we can sort of understand the utter ignorance of many lawmakers about markets and modern finance in general. We can’t expect all of them to possess the kind of Maxine Waters-esq encyclopedic knowledge of swap credit defaults and other complex derivatives.

    / May 20, 2010 at 3:10 PM
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    Mad Max Is Back At It

    Goldman Sachs super fan Maxine Waters has her eyes on another group of evildoers and is doing something about it. The recently introduced Stop Vulture Funds Act seeks to prohibit vulture funds from suing poor countries to obtain usurious payments. No doubt it took her every ounce of restraint to avoid naming names when she […]

    / Jun 19, 2009 at 4:40 PM
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    BINGO To The Max

    / Mar 27, 2009 at 11:59 AM

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