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VIDEO: Elizabeth Warren Blasts Citigroup From the Senate Floor

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John Nichols
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"Enough is enough with Wall Street insiders getting key position after key position and the kind of cronyism that we have seen in the executive branch. Enough is enough with Citigroup passing 11th hour deregulatory provisions that nobody takes ownership over but everybody will come to regret. Enough is enough.

"Washington already works really well for the billionaires and the big corporations and the lawyers and the lobbyists.

"But what about the families who lost their homes or their jobs or their retirement savings the last time Citigroup bet big on derivatives and lost? What about the families who are living paycheck to paycheck and saw their tax dollars go to bail out Citi just six years ago?

"We were sent here to fight for those families. It is time, it is past time, for Washington to start working for them!"

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John Nichols, a pioneering political blogger, has written the Online Beat since 1999. His posts have been circulated internationally, quoted in numerous books and mentioned in debates on the floor of Congress.

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Related Topic(s): Citigroup; Cronyism; Derivatives; Politics; Senate Benefit Package; Senator Elizabeth Warren, Add Tags

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