[ by Melanie Gretchen ]

Wall Street CEOs came under (metaphoric) fire from U.S. Senate candidate Elizabeth Warren, who said that those who wrecked the U.S. economy with risky bets "still strut around Congress" and demand favors from lawmakers.  At the Democratic National Convention before delegates in Charlotte, North Carolina and a national television audience, Ms. Warren, 63, held Wall Street's upper echelons responsible for a system stacked against the middle class.

"People feel like the system is rigged against them.  And here's the painful part:  They're right.  The system is rigged.  Look around.  Oil companies guzzle down billions in profits.  Billionaires pay lower tax rates than secretaries." -- Ms. Warren, last night.

Although First Lady Michelle Obama had no problem mentioning Republican presidential candidate Mitt Romney, Ms. Warren, 63, had no reservations in associating the former CEO of Bain Capital with those she held accountable.  Mitt Romney would help billionaires and big corporations and perpetuate the problems that allow companies to have too much influence, she said.

"Republicans say they don’t believe in government.  Sure they do. They believe in government to help themselves and their powerful friends."

Ms. Warren is a 1-time adviser to President Obama, mother, and grandmother who is running for the Massachusetts Senate seat against Republican incumbent Scott Brown.  After the First Lady, Ms. Warren Warren was the most prominent woman speaker on the second night of the Democrats’ convention.

For further details, go to [Bloomberg, 9/6/12].