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December 10th, 2008

Seems there’s a lot of finger pointing going on with who’s responsible for the mess on Wall Street and Main Street.  Yesterday I watched on CNN how the over site committee interrogated previous CEO’s of both Freddie Mac and Fannie Mae.  Given only 5 minutes per chairperson, there was little these gentlemen were able to accomplish other than ask sound bite questions and get sound bite answers.  Not to mention that these former CEO’s are frankly pretty sharp men.  With salaries in excess of $4 million per year, there’s little room for the duller, less fortunate….like some of those doing the interrogating.  Ultimately, the committee members resulted to asking them what must be done.  And in 5 minute sound bites, these former CEO’s ea...

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