Congresswoman Kaptur, appearing on Anderson Cooper 360, said
the United States
needs a "new financial architecture" and proposed taking the largest banks into
receivership.
Kaptur, a member of the House Appropriations Committee, said
bankers, instead of awarding performances, "should try to make up to the
country for some of the damage they have caused. It's getting worse all across
the country: more unemployment, more foreclosures, more bank closures."
Kaptur, a consistent critic of Wall Street, cited "a culture
of greed and excess that operates at the highest levels in our culture. We need
a country that changes from greed and excess to financial responsibility and
prudence, certainly in the banking sector.
They should be leaders, but they are part of the problem, not part of
the solution."
Kaptur also reiterated her call for 1,000 Federal Bureau of Investigation agents who would be assigned to cases of suspected mortgage or securities fraud.
