Tag Archives: Ben Bernanke

“It’s a Great Time To Be a Banker”

The latest scheme to make the Wall Street fat cats even fatter (with our money, of course), courtesy of their friends at the Federal Reserve: “During the financial crisis, it [the Fed]  bought hundreds of billions of dollars of real-estate … Continue reading

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The "Gang of Eight" on the Senate Banking Committee

Since the “Gang of Six” in the Senate Finance Committee worked out so well, and produced such outstanding results (sarc) in writing health care reform legislation, why not just repeat the process in the Senate Banking Committee as they tackle … Continue reading

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Geithner, Paulson, and Bernanke at the Oversight Committee Hearings

Putting different pieces of testimony from yesterday’s hearings before the House Committee on Oversight and Government Reform, it’s easy to see how the New York Federal Reserve’s “backdoor bailout” of Goldman Sachs and other large banks, via insurance giant AIG, … Continue reading

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