Archive for the ‘Bank Bailout Count’ Category
Thursday, February 12th, 2009
When it comes to the Obama administration's commitment to truth and transparency, this quote from Maureen Dowd's Op Ed in the New York Times says it all! Witness:
As Steve Labaton and Ed Andrews wrote in The Times on Tuesday, Geithner won an internal battle with David Axelrod and other Obama aides who ...
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Thursday, February 12th, 2009
It's time for the Wall Street elite to do the big CYA thing, and you can already see the distractions coming. Take a look at the line up Time says represents the final poll result.
TIME's picks for the top 25 people to blame for the financial crisis includes everyone from ...
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Thursday, February 12th, 2009
Don't get your hopes up that these congressional hearing will amount to something. It's just a bunch of name calling, hand waving, grand standing and show boating. Isn't it amazing how all of this energy is expended and not one single person goes to jail or loses their money?
Watch as ...
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Wednesday, February 11th, 2009
The lovely Campbell Brown from CNN called the CEO of Wells Fargo on his hypocrisy...
I'm really touched to see this, but why didn't she criticize Wells Fargo when it cooked its books all through 2008, misleading investors to buy or at minimum not sell their shares? It's only now that ...
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Friday, February 6th, 2009
F. William Engdahl: US economy has been hollowed out over the last 15 years and debt load is staggering.
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Thursday, February 5th, 2009
The Obama administration is pulling one of the oldest tricks in the book: slamming the door on an empty barn. This ploy is typically used by corporations to placate shareholders without returning a single red cent. And now our new and illuminated president is protecting bankers' compensation while scoring political ...
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Tuesday, February 3rd, 2009
Here's Congresswoman Kaptur speaking on the revolving door between Wall Street and the White House. She aptly points out that the Treasury was a prime example of this during the Bush years, and she does a nice job of explaining the mortgage pool scam in the process.
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Wednesday, January 28th, 2009
Wells Fargo reported a $2.55B fourth-quarter loss on the back of its own write-downs, while those of recently-acquired Wachovia added a further $11.2B to the tally. It’s foreboding for Wells Fargo, the Liar Bank, because its assorted accounting vulgarities could not keep it out of red ink for the first ...
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Wednesday, January 28th, 2009
Congressman Ron Paul questions Donald L. Kohn, Vice Chair of the Federal Reserve Board of Governors, at the House Financial Services Committee hearing on January 13, 2009.
Ben Bernanke decided the meeting wasn't important enough and didn't bother to attend.
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Tuesday, January 27th, 2009
ROYAL BANK OF SCOTLAND is preparing to slam the barn door once the horses are gone. This is no ordinary execution of the age old ploy. In his one, Royal Bank of Scotland has seen to it that the stalls have been cleared and there's time enough for odor to waft ...
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