Why has Bernanke changed his mind on letting the GAO audit AIG books?
Entries Tagged as 'Ben Bernanke'
Bernanke’s Change Of Heart
January 20th, 2010 · No Comments · Government
Tags: AIG·Audits·Ben Bernanke·Federal Reserve
Is A “Profit” Always A Profit?
January 14th, 2010 · No Comments · Government
According to this article the Feds earned $45 billion in 2009. But although Bernanke refuses to divulge to the public how much money he’s “loaned” out, it is certainly in the trillions.
Great Things Can Happen When Politics Aren’t Involved
November 7th, 2009 · No Comments · Wall Street
Don’t expect too much restraint being place on the financial world, if any at all. It will most likely end up being more of what Congress does best: A lot of mumbo-jumbo that amounts to absolutely nothing.
Tags: Banking Regulation·Banks & Bank Failures·Ben Bernanke·Financial Bailout·Too Big To Fail
Bernanke In Front of Finance Services Committee And Ken Lewis Resigns From BofA
October 1st, 2009 · No Comments · Politics & Politicans
Michele Bachmann and Ken Lewis, miles apart in the intelligence arena, have their day.
Tags: Ben Bernanke·Financial Services Committee·Ken Lewis·Michele Bachmann
The FDIC Is Broke; Busted; Out Of Money!
September 22nd, 2009 · No Comments · SEC
Now here’s a question to ponder — Is the FDIC’s “cash” reserves really down to only $10 billion? Or is it much, much more? Could it possibly be that a trillion or so has been set aside to cover guarantees the FDIC made to investors who invested in banks?
Tags: Ben Bernanke·Department of the Treasury·FDIC·Federal Reserve·Financial Crisis·Sheila Bair·Tim Geithner
Goldman Sachs “Profits”
July 16th, 2009 · No Comments · Wall Street
I reported here, here, and here that Goldman Sachs, as well as the other TARP recipients, couldn’t have paid back a single dime of the TARP money without the back door money Federal Reserve Chairman Ben Bernanke was handing out to them and the Federal Depositors Insurance Corporation was spotting them in guarantee’s for loans they got from other places.
Tags: Ben Bernanke·FDIC·Federal Reserve·Goldman Sachs·Henry Paulson·Matt Taibbi·TARP·Wall Street
They’re Calling It “Regulation Revolution”
July 15th, 2009 · No Comments · Wall Street
Citizens Regulation Revolution – Something that did not happen, but should have. So we loose, they win. We sacrifice, they don’t. We pay the cost, they enjoy the profits. Let the good times roll! Happy days are here (for them) again.
Tags: Ben Bernanke·CNBC·Democrats Regulatory Reform Plan·Henry Paulson·Regulation & Deregulation·Regulatory Reform·Wall Street
Republican Darrell Issa — Definitely NOT CNBC’s Friend (Videos)
June 25th, 2009 · No Comments · Video of the Day
We have to remember that CNBC is just how Issa’s described them: “… you talk to Wall Street, you represent Wall Street, you care about Wall Street”… (quickly interrupted by Becky Quick with obvious arrogant contempt).
Tags: Bank of America·Becky Quick·Ben Bernanke·CNBC·Darrell Issa·Erin Burnett·Financial Bailout·Financial Crisis·House Oversight Committee Hearing·Ken Lewis·Merrill Lynch·News Media·Republican Party·Republicans·Videos·Wall Street
