The reason the Senators didn't ask the right questions? Not in their best interest to do so, they are all part of the same club. There was a link to George Ure's Blog in one of my earlier posts today. Not really a site for financial analysis but just sometimes he manages to point his finger in the right direction.
Glen...yep...actually I'm a student of that type of thing and it was quite incredible how he mopped all those dopes we call Senators all over the Senate floor.
You...know I have my issues with JPM, GS, BAC...but we know 'stupid' when we see it and the unfortunately the Congress (House & Senate) demonstrates how stupid we have allowed our Congressman to become.
So I must say I did really like Dimon's calm and cool demeanor in front of the so called people's representatives.
Just wonder at times what the kind apes we have become to keep allowing Republicans and Democrats to be elected that are this so unrelentingly stupid on such a consistent basis....