Tags: Bailout + Barney Frank + Congress + Economy + FDIC + Federal Reserve + financial reform + Treasury
The verdict is in on the appeal of Bloomberg News Freedom of Information Act request for Federal Reserve documents related to bailing out of the banks and justice has prevailed. The Fed must finally disclose the amounts lent, and to whom. Soon the American tax payer will know which banks would have failed [...]
March 20, 2010 - Politics - 0 Comments
Tags: Bailout + Banks + Congress + Federal Reserve + financial reform + investing + Senator Dodd
Senator Christopher Dodd wants a legacy and one would think it would be not to be that of a hypocrit and sellout. The Democratic leader of the Senate Finance Committee has consistently spoke boldly about consumer protections when proposing legislation, only to open the doors and let lobyist rewrite and circumvent the protections he talked [...]
March 9, 2010 - Economy - 0 Comments
Tags: Bailout + Barney Frank + China + Congress + Economy + Federal Reserve + Geithner + Goldman + Paulson
Former Treasury Secretary Hank Paulson is spending an inordinate amount of time defending his actions and honor. Using the tools he honed to climb to the top of Goldman Sachs he side-steps his faults and steers conversations to other places. At the Community of Conerned Journalists in New York yesterday (Economist Magazine Report) Mr. Paulson [...]
March 3, 2010 - Politics - 0 Comments
Tags: Banks + Barney Frank + Congress + Darrell Issa + Fed + Federal Reserve + Geithner + Paulson + Treasury
RI Senator Darrell Issa is hot on the trail of the Fed. He has tenaciously dogged the details of the NY Fed’s cover-up of AIG’s 100 cents on the dollar payments to Goldman Sachs, Societe General, and Merrill Lynch and discovered that the banks, after issuing high probability to default loans, then bet on them [...]
February 23, 2010 - Economy - 0 Comments
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