OTC Special Report: The Truth About State Street Bank
September 11, 2010 • 2:14PM

Rachel Brown destroyed Barney Frank's credibility in their September 7th debate. In response to Rachel's calm, clear declaration that only an immediate revival of Glass-Steagall can save this country, all Barney could do was spout lie after lie. What is he and his controllers so afraid of? If Glass-Steagall would have "no effect", why is he so opposed to it?

In this video we highlight three of Barney's biggest lies: that State Street Bank, the keystone of Boston's "Vault", is a clean, "responsible financial institution"; that Glass-Steagall would have done nothing to stop the current breakdown crisis, and that it wouldn't have applied to AIG; and that he was opposed to the repeal of Glass-Steagall in 1999.

So, while Barney Frank continues to lie like a dog, licking his wounds after the debate on Tuesday, Rachel is out in the district raising hell.