I saw Richard Cordray on Morning Joe (MSNBC) and was
impressed. He is the new head of the Consumer Financial protection Bureau. The thing
that impressed me was a challenge from Karen Finerman, who books herself as “CEO
of Metropolitan Capital Advisers, mother of two sets of twins and all around
super woman of Wall Street”. The topic of discussion was the mortgage market collapse
and the financial skullduggery that banks etc pulled on home-buyers. As you might
expect from such a person, she immediately and sarcastically tried to blame the
people “for applying and accepting loans they could not afford”. Cordray
answered her politely and in detail but also answered her in a professional
manner with out the sarcasm or acrimony; he is truly a professional. His
contrast to Finerman was welcome. Elizabeth Warren did well when she originally
hired him as her assistant.
firetreepub.blogspot.com
Comments Invited and not moderated
His hidden message was that he is going to work behind the
scenes and not as a “headline grabber”. My impression is that he will be
effective and the America People will benefit tremendously from him being in
that position. In a few short sentences, he proved to me he can handle a pretentious
“Wall Street Super woman” with ease.
No comments:
Post a Comment