Thursday, August 13, 2009

Does David Rubenstein Own Elizabeth Warren?

Carlyle Group's Davis Rubenstein wants to gobble up smaller banks from around the country.

Lately, Elizabeth Warren has been running around the country talking to anyone who will listen and telling them that small banks are undercapitalized and need a cumulative additional $12 to $14 billion.

Guess who wants to supply that amount (with the help of government financing)?

The recent report by Warren's Oversight Committee also includes the $12 to $14 billion number.
The word is she also said pretty much the same thing during a Morning Joe appearance.

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