Eliot Spitzer: And Ben Bernanke and Tim Geithner were the architects of this. And now they are saying, “Didn’t we do a good job six months ago giving money to the banks?” No. Go back two, three, five years. Where were they? Tim Geithner, over and over, bailed out the banks. He was, as president of the New York Fed, the overseer of the institution that collapsed. And so, it’s akin to going to a doctor who has said, “I have a great technique for you: I’m going to bleed you,” and he bleeds you, and he gets you more and more sick and sick and sick. Then when you’re about to die, he puts a tourniquet on you and says, “Gee, I’m good.” No, your prescriptions have been wrong since the beginning.
Spitzer found his comeback lane, and I’m not mad at him at all. I didn’t know he sued AIG back in the day, but he’s airing them, Giethner and Bernanke out. FF to the 12:00 mark for the interview.
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