"No, no, no, you're confusing me with the Treasury Secretary, said a smiling Bernanke."
"No, I got the wrong firm?"
Someone whispered to her the Treasury Secretary's name Henry Paulson which she then uttered.
Then she said "Where were you, sir?"
"I was the CEO of the Princeton economic department," Bernanke said, referring to Princeton University where as economics chair he got to manage other professors and graduate students, not investment bankers and financial traders.
That got a huge laugh in the hearing room, proving yet again it pays for a central banker to have a sense of humor when he has to deal with Congress.
That is what is wrong with congress and the senate - led by old rich farts that don't give a dam about nothing but keeping their sleeping chairs and benefits. This 30 and 40 years in office has got to go. Hell, half of them have to be woke up and told the game has started.
In the interest of accuracy and fairness to Maxine Waters I need to correct my post and clarify that it was not Maxine that did not know who Bernanke was. It was Marcy Kaptur D Ohio.
On the other hand anyone who has heard Maxine talk will recognize the following as a fair and representative example of her, eh, mental acumen. "Maxine Waters: Through nearly a dozen hearings, we were frankly trying to fix something that wasn’t broke. Mr. Chairman, we do not have a crisis at Freddie Mac, and particularly at Fannie Mae, under the outstanding leadership of Franklin Raines. [Raines would barely avoid prosecution for fraud.]
As for "They just put a bit more effort into faking it." Maxine is not smart enough to "fake it".
Maxine is no different than many other Clueless Congress Members, on Both Sides of The Aisle! Term Limits would be a good start.