Oops: Maxine Waters grills banks on student loan crisis even though feds took over in 2010
At a hearing featuring a panel of seven bank CEOs, Ms. Waters ticked off figures on student loan debt and defaults, then asked, “What are you guys doing to help us with this student loan debt? Who would like to answer first? Mr. Monahan, big bank.”
Bank of America chairman and CEO Brian Monahan replied, “We stopped making student loans in 2007 or so.”
Ms. Waters replied, “Oh, so you don’t do it anymore. Mr. Corbat?”
Said Citigroup CEO Michael Corbat: “We exited student lending in 2009.”
She then turned to James Dimon, JPMorgan Chase chairman and CEO, who explained, “When the government took over student lending in 2010 or so, we stopped doing all student lending.”
At that point, Ms. Waters changed the subject, saying, “Thank you. What about small business?”
Carter Page is on Hannity...
Don’t know if this was posted, but it is so funny thought it is worth a repost
Oops: Maxine Waters grills banks on student loan crisis even though feds took over in 2010
Funny but so SAD/DISGUSTING/eye rolling at the same time.