Hi there,

With lies and disinformation flooding the media landscape, and the Trump administration increasing its attacks on journalists, the need for independent news questioning and challenging those in power is more critical now than ever. We do not take any government or corporate funding, so we can remain unwavering in our commitment to bring you fearless trustworthy reporting on the issues that matter most. If our journalism is important to you, please donate today. Every dollar makes a difference. Thank you so much.

Democracy Now!

Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Banking Execs Appear Before Financial Crisis Panel

HeadlineJan 14, 2010

On Capitol Hill, four top banking executives appeared Wednesday before a congressional panel investigating the causes of the financial meltdown. Goldman Sachs CEO Lloyd Blankfein told the Financial Crisis Inquiry Commission he had “felt good” about Goldman’s survival during the height of the meltdown and suggested its multi-billion-dollar taxpayer bailout perhaps wasn’t necessary. Commission chair Philip Angelides responded, “I’m troubled by your inability to accept the probability or certainty your firm would not have made it through the storm but for the vast array of federal assistance.”

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top