James Warren: Bankers on the Hill

Go Maxine! Thank God for Congresswoman Maxine Waters who is such a staunch advocate for her constituents and those living on the margins. Clearly, these CEOs were barely contrite and nothing is going to change. I think that Huffington Post's James Warren gets most of it right in this story, but I am irritated with his condescension toward Rep. Waters. Thankfully, Keith Olbermann invited her to Countdown this afternoon where she was able to expand upon her motives in grilling the CEOs about interest rates. Unfortunately, it was revealed by Olbermann that the limit on CEO salaries was apparently stripped from the Stimulus Bill in conference this afternoon. Rep. Waters said she'll go after CEO salary limits in the $350 billion banking bailout package.