Tag Archives: Geithner

President Obama to Meet With Corporate CEOs

Posted on December 13, 2010 by

*Sigh* “President Obama will host a roundtable with about 20 corporate chiefs on Wednesday, according to the White House, part of an attempt to ease strained relations with business. Expected for the session at the Blair House, across the street … Continue reading →

Posted in budget, economy, Foreclosures, Obama, Politics, Social Security, special interests, Unemployment | Tagged , , , , , , , , , , , , , , , , | Leave a comment

William Black: “Fire Holder, Fire Geithner, Fire Bernanke”

Posted on October 26, 2010 by

Lisa Epstein and William Black on Dylan Ratigan’s show yesterday: Speaking of Geithner telling “one lie after another”: “The United States Treasury concealed $40 billion in likely taxpayer losses on the bailout of the American International Group earlier this month, … Continue reading →

Posted in AIG, bailout, Financial Crisis, Foreclosures, Justice Department, Obama administration, too big to fail, Wall Street | Tagged , , , , , , , , , , | Leave a comment

Alan Greenspan and the “Everybody Missed It” Myth

Posted on April 5, 2010 by

On ABC’s This Week yesterday former Fed Chairman Alan Greenspan once again pulled out the “nobody saw it coming” excuse for missing the conditions which led to the financial meltdown in 2008: “…the reason it was missed is we have … Continue reading →

Posted in bailout, economy, Financial Crisis, financial reform, financial regulation, Politics, too big to fail, Wall Street | Tagged , , , , , , , , , , , | Leave a comment

Too Big To Fail is Too Big–Break ‘Em Up

Posted on March 30, 2010 by

The chorus of those calling for breaking up the big banks is growing larger and louder by the day. Senator Ted Kaufman (D-DE) in a speech on the floor of the Senate last Friday: “These mega-banks are too big to … Continue reading →

Posted in bailout, economy, Financial Crisis, financial reform, financial regulation, Politics, Wall Street | Tagged , , , , , , , , , , , | Leave a comment

Dodd’s Toothless Consumer Protection “Watchdog”

Posted on March 17, 2010 by

Sen. Chris Dodd’s so-called “sweeping overhaul of the U.S. financial system” creates a Bureau of Consumer Financial Protection, which is supposed to be “a new, independent consumer watchdog.” You just know there’s a “but” coming here, right? Right: “…the legislation … Continue reading →

Posted in bailout, Congress, Democrats, Financial Crisis, financial reform, financial regulation, Politics, Wall Street | Tagged , , , , , , , , , , , | Leave a comment

Geithner and the Lehman “Stress Tests”

Posted on March 13, 2010 by

Timmy’s got more trouble. In a newly-released examiner’s report about the bankruptcy at Lehman Brothers, the New York Federal Reserve Bank (NYFRB), which was headed at the time by Treasury Secretary Geithner, is implicated as being in collusion with Lehman … Continue reading →

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The Rubin Influence Runs Deep in the Obama Administration

Posted on February 9, 2010 by

Senator Maria Cantwell (D-WA) is one the lone voices in Washington D.C. calling for meaningful financial reform, and calling out the White House for its lack of leadership on that issue: “To hear Sen. Maria Cantwell talk, another economic bubble … Continue reading →

Posted in Clinton, economy, Financial Crisis, Obama, Politics, Wall Street | Tagged , , , , , , , , , , , , , , , | 1 Comment

Fannie and Freddie Get a Blank Check for Christmas

Posted on December 29, 2009 by

I hope everyone had a great Christmas and that Santa brought you everything you wanted. He certainly was very good to Fannie and Freddie. Only in their case, Santa is the American taxpayer, you and me. One thing is clear, … Continue reading →

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