Event Details
January 01, 2008
Description
Financial Bailouts
Participants (3)
| Name | Type | Mentions | |
|---|---|---|---|
| taxpayers | person | 4 | View Entity |
| Banks | person | 13 | View Entity |
| GOVERNMENT | organization | 2805 | View Entity |
Source Documents (2)
HOUSE_OVERSIGHT_029077.jpg
A transcript page featuring a speaker identified as 'Bannon' (likely Steve Bannon) discussing the 2008 financial crisis and its aftermath. He criticizes the bailouts as a transfer of wealth from working-class taxpayers to 'crony capitalists' and executives who should have been held criminally accountable. He links this economic disparity and the lack of legal repercussions for banking executives to a 'populist revolt' in England and Middle America.
HOUSE_OVERSIGHT_029035.jpg
This document appears to be a transcript page from a House Oversight Committee file, featuring a monologue by Steve Bannon. Bannon criticizes the 2008 financial bailouts, arguing they burdened middle-class taxpayers while benefiting 'crony capitalists,' executives, and shareholders who faced no accountability. He claims Congress recommended criminal indictments for 35 executives to the Justice Department, but no action was taken due to systemic corruption involving law firms, banks, and politicians.
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