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it's sis
many of us
were very excited at the prospect of elizabeth moran becoming
uh... the next senator from massachusetts not just because scott
brown
uh... in his eye roxie
for his pickup truck goes uh... maserati pick up whatever is running these days
uh... was a horrible senator
but also because elizabeth warren
for years in prior to her time as the acting chief
of
that's used that night the acting chief of the consumer protection financial
bureau
but she was on the set it up
choose one of contemplated it
and up prior to that she was writing about uh... the problems that middle
class had for a long time she is one of the
greatest advocates from work-out ability
in now with the banks
uh... that we have in this country nevermind now in the senate
if you have any question about what
a freshman senator
who'd genuinely and passionately believes
in these type of issues looks like
only weeks into her term
uh... as opposed to other freshman senators who may have played it down the
middle of a bit so they could run for president
maybe turned out that they were in planner ride down the middle bus they
could run for president but
that's who they were
take a look at just thirty seconds a minute of this clip of elizabeth uh...
warren
uh... in her first uh... i think uh... series of questions sitting on the
senate
are just the other day we'll put a link at majority f_m_ for the entire apiece
but here's a minute of it is impressed
when we look at these issues
and uh... which she's talking here i should say to a uh... uh... bank
regulator
and she is asking uh... to these questions is that's all the bank
regulators
tell me about a case that you've actually taken to trial it's one thing
to uh... slap people with fines but if you wanna showed the party sitting
across from you that you mean business you have to have ab wants or twice
taking people to trial so that that is a a potential outcome if they do not
a deal with you in a forthright manner this is the old funds e
strategy right finds you never had hit any people yet it people eat all richie
cunningham wants
and then after that people were afraid of them really believes that we have a
very vigorous enforcement program
we'd look at that distinction between what we can get if we go to trial and
what we could get if i'm down appreciate that that's that's what everybody does
and so the question really asking is can you identify when you last took
the wall street banks to trial
uh... i will have to get back to you with the specific information but we do
litigate
on and we do have settlements that are that are
either rejected by the commencement or not put forward for ok we've got
multiple people hear anyone else want to tell me about the last time it took wall
street bank
edges wind note on this
their district attorneys in u_s_ attorneys brought their everyday
squeezing ordinary citizens
on sometimes very thin grounds
and taking them to trial in order to make an example as they put it
i'm really concerned that to big to fail has become too big for trial
that just seems wrong
there you go and she got a good good round of applause and well deserve it
uh... that's so that was uh... that was great to hear