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2016 Postmortem
Related: About this forumSenator Elizabeth Warren left one banker stammering for an answer during a hearing on student loans.
Senator Elizabeth Warren left one banker stammering and stumbling for an answer during a hearing on student loans.
From her Facebook page:
In 2005, banking lobbyists successfully convinced Congress to remove bankruptcy protections for private student loan borrowers. Today in a Banking Committee hearing, I asked a top banking lobbyist: If struggling student loan borrowers can't discharge their loans in bankruptcy, and banks wont let them modify their loans, what are they supposed to do? Watch what he said.
She also cited the story reported by CNN Money of a young woman who died leaving 3 small children and $100,000 in student debt behind. Watch him sputter as he tries to spin a response that deflects away from the fact that private student debt is a huge millstone around the necks of students everywhere.
http://crooksandliars.com/2014/08/elizabeth-warren-grills-banker-over-cruel
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Senator Elizabeth Warren left one banker stammering for an answer during a hearing on student loans. (Original Post)
UCmeNdc
Aug 2014
OP
onecaliberal
(32,864 posts)1. MORE
Like Senator Warren 2014!
postulater
(5,075 posts)2. Yes, Sen. Warren!
SheilaT
(23,156 posts)3. What is most impressive about
Senator Warren is that she NEVER lets that guy get away with obfuscation and weaseling out of answering her question. Time after time she interrupts him as he tries to say platitudes about how wonderful the banks are and she goes back and asks her question again. And again. And again.
Wow.
hedgehog
(36,286 posts)4. Soooo..... one way to discharge that massive student loan is to drop dead?
Wow, bankers really do have my best interests at heart!
Dragonfli
(10,622 posts)5. As long as you drop dead on a case by case basis apparently.
In other words, it could happen, just like winning the lottery.
hedgehog
(36,286 posts)6. Good point!
Garthem
(128 posts)7. That's why she'll be our next President!
She suffers fools badly
quadrature
(2,049 posts)8. repeal the whole thing
first things first
end student loans
NYC_SKP
(68,644 posts)9. Love her!
She's the real deal!
BuelahWitch
(9,083 posts)10. She won't let him do his tap dance, will she?
Best of all, she's so polite, but she is very firm.
Damn, I wish we could clone her!
Damn, I wish we could clone her!
UCmeNdc
(9,600 posts)12. a no tap dancing zone
demwing
(16,916 posts)11. A bank exec named Dick Hunt?
that's rich!