TARP


Goldman, AIG and NY Fed Hearings Preview

It has been widely reported that Goldman Sachs got a sweet-heart deal from the bailout arm of the US Treasury, courtesy the then Treasury Secretary Paulson and the NY Fed Chairman, Tim Giethner. Tomorrow’s hearings on Capital Hill about AIG bailout has already shed a lot of light on the skeletons in Goldman’s closet. I […]


Give What We Want or Else…

It is irrelevant which party is in power, the modus operandi is the same. Give us what we want, or else markets will tank! What we know from this process is that it is not the elected officials who are in charge. This is no democracy. This is an oligarchy. A bunch of fat cat bankers and large corporations are in charge. Not the Congress. Not the President.


This Guy Shoud be Prosecuted

This news is at least 10 days old. But it is important enough to share with you. [This story is a bit of an extension on the post that was lost earlier: “Is Geithner Goner?”] This guy’s name is Stephen Friedman. While he was the Chairman of NY Fed, he oversaw the bailout of Goldman […]