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Originally Posted by Frame57
Barney Frank claimed that those financial Institutions were solid. So either he lied or was not doing his job...
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As did President Bush and the White House make the same kind of claims. As did Henry Paulson, the Treasury Secretary, who was nominated by President George W Bush. As did Ben Bernanke, Chairman of the Federal Reserve. I know this because last night on CNN's the Situation Room they showed clip after clip of comments from President Bush, Paulson, and Bernanke saying that the financial institutions were sound and safe.
So they all either lied or weren't doing their job.
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