Email or username:

Password:

Forgot your password?
Darius's posts Post Back to profile
Darius Kazemi

Another banger of an Isaac Chotiner interview. This time he's grilling Barney Frank on this whole deal where he's been sitting on the board of Signature Bank.

newyorker.com/news/q-and-a/why

(For non US people: Frank was one of the most left leaning Congress members in recent US history. He introduced a lot of bank regulations after the 2008 financial collapse. Signature Bank is a bank that recently collapsed. It is remarkable that he was involved.)

16 Mar 2023 at 14:49 | Open on friend.camp
17 comments
Andrew Hinton
Ethan Marcotte

@darius omg i had *no idea* frank was on the board at signature wowwww

16 Mar 2023 at 14:58 | Open on follow.ethanmarcotte.com
kindly shopkeeper

@darius if isaac chotiner ever reached out to me for an interview i would fake my death and leave the country

16 Mar 2023 at 15:00 | Open on posts.rat.pictures
Darius Kazemi

I want to reread this every time I need to feel cozy and warm. Like, how many journalists out there can manage to get a politician to say "yeah I did it for the money" in basically any context?
16 Mar 2023 at 15:57 | Open on friend.camp
srdesantis

@darius I think that’s more about Frank than Chotiner. Barney Frank has always been this way.

16 Mar 2023 at 16:04 | Open on eldritch.cafe
Darius Kazemi

@srdesantis He was my congressman for a number of years and I have a lot of love for him but I still think this is pretty remarkable

16 Mar 2023 at 16:05 | Open on friend.camp
Ruth [β˜•οΈ πŸ‘©πŸ»β€πŸ’»πŸ“šβœπŸ»πŸ§΅πŸͺ‘🍡]

@darius as like ... a human... I have so many questions about why he declined the pension system like... what?

16 Mar 2023 at 16:24 | Open on glammr.us
SlightlyCyberpunk

@darius This whole thing really bothers me...like what good is it to have someone who "believes in" strong regulation if they're explicitly saying they don't intend to actually regulate when they are one of the people in charge? If the board isn't ensuring compliance with those regulations, who the hell will? If the board has all the inside knowledge about how the regulations are enforced and how violations are found and isn't using that knowledge to ensure compliance...ya gotta wonder what they DO intend to use it for...his answer still seems pretty inconsistent to me.

@darius This whole thing really bothers me...like what good is it to have someone who "believes in" strong regulation if they're explicitly saying they don't intend to actually regulate when they are one of the people in charge? If the board isn't ensuring compliance with those regulations, who the hell will? If the board has all the inside knowledge about how the regulations are enforced and how violations are found and isn't using that knowledge to ensure compliance...ya gotta wonder what they...

16 Mar 2023 at 16:52 | Open on mastodon.slightlycyberpunk.com
Darius Kazemi

@admin oh for sure, I think his answer is totally incoherent. the warm fuzzies are from a journalist laying that bare

16 Mar 2023 at 17:25 | Open on friend.camp
Barry Parr

@darius Well, that board seat pays an eff-ton more than the pension he refused would have provided. Also, he's playing dumb about the problem with regulators going to work in the industries they regulate.

And he was one of our better legislators.

16 Mar 2023 at 18:16 | Open on newsie.social
PlasticJohnny
elle mundy

@darius @jalcine this is one of the most combative interviews i’ve ever read lmao

28 Mar 2023 at 13:21 | Open on mastodon.world
Dr. Dan Killam

@darius man Barney Frank is an expert spin doctor. Still sharp as a tack. The fact that he could hold his own with a ruthless interrogator like Chotiner when he was clearly in the wrong in this bank situation is frankly pretty impressive. Still left really disappointed he was on that sketchy bank board

16 Mar 2023 at 16:17 | Open on scicomm.xyz
Darius Kazemi

@dantheclamman yup. I think Chotiner getting as far as he did is like, incredibly impressive

16 Mar 2023 at 17:27 | Open on friend.camp
Go Up