Eight of the nation's top banking companies are testifying before Congress today, to try to explain why the massive amounts of taxpayer dollars have yet to produce results from last fall's bailout. Another major concern is the lack of accountability for the money already loaned to these clowns, and the ease with which they are spending our money as if lavish junkets, huge bonuses and other perks were justified by their woeful mismanagement of their banks' assets.
Confiscation and sale of their personal assets -- second and third homes, yachts, and other signs of their previous theft -- and return of the proceeds to the investor/taxpayer would be a delicious move, even limits on their compensation, but who has the gonads to push for that? Geithner apparently lacks them.
(photo: Finally, their appearance matches their performance)
