Subject: Lawmakers Uninformed About Financial Crisis
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>, "Beau Biden" <[email-masked]>, "David and Joan Schwerin" <[email-masked]>
Date: Wed, 7 Apr 2010 16:36:28 -0400

Lawmakers Uninformed About Financial Crisis
In a very interesting interview with Vanity Fair, Michael Lewis talks about his new book The Big Short: Inside the Doomsday Machine and a meeting he had with 40 or 50 House Republicans late last year.

Said Lewis: "I was supposed to be there for an hour. I was there for almost three. And nobody left. And their questions were increasingly: 'Oh my God, Goldman Sachs did what? A.I.G. did what?' They didn't understand it... The minute they started to understand, they were outraged. And I think the more things are explained, the more outraged people will get."

Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
Washington, DC 20007
(202) 333-1880
[email-masked]
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