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Maxine Waters On The Lack Of Disclosure Epidemic

One of the main takeaways from the mountain of lawsuits currently facing banks is that lack of proper disclosure will not be tolerated. You're not going to get away with making or hiding money simply because people failed to ask the right question. It's an outrage and the good folks in the US Congress are going to clean up this mess. Right after they get done with their own. As Mad Max explained today in her defense of Charles Rangel, whose current alleged exploits include tax evasion and inaccurate financial disclosure, if somebody spent as much time going through Congress's financial records as they do going through bank CEOs', there'd be hardly anybody left to debate policy. Maxine explains 8:00 in.

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