I bet If Corker and Dodds push for the FED to house and run the Consumer Financial Protection Agency succeeds They'll be able to raise their rates to 80 or 100%. We got to keep the poor folk poor and the rich folks rich. It' the American way.
There are more "rewards" awaiting the American people for being extorted investors in the great banking fiasco, give it time... All will be revealed...
The Video That Will Put Geithner Behind Bars The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets. March 13, 2010 | Photo Credit: White House
You gotta see this! If this doesn't convince you that Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don't know what will.
Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”
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That’s the first step to turning things around — to “get mad!” (as Howard Beale put it).
The second step is asking the question: “What must We the People DO to fix this mess?”
Wall Street Lobbyists Spend $400 Million to Kill Financial Reforms & Destroy America
March 12, 2010
http://wallstreetwarzone.com/wall-street-lobbyists-spending-megabucks-400-million-to-kill-financial-reforms-screw-america-again-yes-theyre-winning-the-war/
The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets.
March 13, 2010 |
Photo Credit: White House
You gotta see this! If this doesn't convince you that Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don't know what will.
Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”
In other words, they cooked the books.
http://www.alternet.org/economy/146026/the_video_that_will_put_geithner_behind_bars_
Revolt and refuse to be DEBT SLAVES
http://www.msnbc.msn.com/id/21134540/vp/35841681#35841681