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Other Interesting Headlines – Week of July 5, 2010

OldMan1 — Sun, 11 Jul 2010 02:04:13 +0000

New York Democratic Primary; Goldman Sachs and AIG; Climate researches; and privatizing Social Security and Medicare. [...]

More on Paulson and Company Saving Goldman Sachs

OldMan1 — Thu, 01 Jul 2010 00:29:39 +0000

As long as ex-Goldman Sachs officials run our monetary system, Goldman will never have to worry about plundering our banks. [...]

Two Reports of Conflicting Logic

OldMan1 — Thu, 13 May 2010 02:32:57 +0000

$2 trillion plus of taxpayer money has been handed over to the banks. AIG will die on the vine owing taxpayers $50 billion plus if the government backs away from them and Congress is voting to perserve the status quo. [...]

Bernanke’s Change Of Heart

OldMan1 — Wed, 20 Jan 2010 14:55:17 +0000

Why has Bernanke changed his mind on letting the GAO audit AIG books? [...]

Treasury Secretary Geithner Exposed – Again

OldMan1 — Sat, 09 Jan 2010 02:56:52 +0000

Geithner is a Wall Street man and will always be a Wall Street man. He's been under suspicion by the public since he was given the job by Obama. His approval rating was down to 18 percent back in early December 2009. [...]

Show Me The (Bonus) Money

OldMan1 — Mon, 04 Jan 2010 23:13:11 +0000

January 4, 2010

Remember when all the Wall Street supporters were bragging about how AIG was going to give back a big chunk of those taxpayer funded bonuses AIG had earlier handed out? Remember how AIG CEO Edward Liddy got a lot of PR time by announcing his intentions? Well, not so fast. Liddy is [...]

AIG Has “Slashed US Debt”? Not Hardly!

OldMan1 — Thu, 03 Dec 2009 03:29:01 +0000

So now that AIG has exchanged roughly $17 billion in debt for what could amount to worthless stock, they want to proclaim they’ve “reduced their debt by half”? [...]

Say Good-By To Your TARP Tax Dollars

OldMan1 — Sat, 31 Oct 2009 19:13:34 +0000

Say good by to not only your TARP funds (and your Treasury and FDIC backdoor funds), but say good by to the money you’re allowed to temporarily keep in your pocket. [...]

Random Thoughts on Other Notable Headlines of the Day — Issue XXXIX

OldMan1 — Thu, 20 Aug 2009 23:41:39 +0000

Insurance policies to cover lost investments? "Easy to avoid" bank fees. Heath "System" Reform? New derivatives regulations that do nothing? Man, are we making progress or what!? [...]

Random Thoughts on Other Notable Headlines of the Day — Issue XXXVIII

OldMan1 — Tue, 11 Aug 2009 19:04:49 +0000

Rachel Beck of The Associated Press is saying the same; “[SEC] is like a traffic cop ticketing a speeding care instead of its driver”. She quotes Thomas Gorman of Porter Wright Morris & Arthur as saying “if the SEC really wants to regain its title of top cop, then it will have to prosecute individuals involved. Big fines [to companies] won't stop bad behavior”. [...]