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Entries Tagged as 'Tim Geithner'

Treasury Secretary Geithner Exposed – Again

January 8th, 2010 · No Comments · Treasury Secretary

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.

[Read more →]

Tags: AIG·TARP·Tim Geithner

Wall Street Perfecting Slight-of-Hand

December 2nd, 2009 · No Comments · Wall Street

The jockeying by Wall Street to avoid regulation and control, their efforts to re-write financial crisis history, and continue with business as usual, has gone pretty much unnoticed.

[Read more →]

Tags: Bank Bailouts·Banking Regulation·Banks & Bank Failures·Bernie Madoff·Financial Bailout·Financial Crisis·Lloyd Blankfein·Tim Geithner

Say Good-By To Your TARP Tax Dollars

October 31st, 2009 · No Comments · Treasury Secretary

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.

[Read more →]

Tags: AIG·Department of the Treasury·FDIC·General Motors·Neil Barofsky·TARP·Tim Geithner

Besides The Obvious, What Does Goldman Sachs, J.P. Morgan Chase And Citigroup Have In Common?

October 11th, 2009 · 1 Comment · Wall Street

Is it any wonder the rest of the civilized world see’s us as simply a corrupt nation who will stop at nothing to keep our elitist wealthy and in power?

[Read more →]

Tags: Citigroup·Department of the Treasury·Goldman Sachs·Henry Paulson·JPMorgan Chase·Tim Geithner

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?

[Read more →]

Tags: Ben Bernanke·Department of the Treasury·FDIC·Federal Reserve·Financial Crisis·Sheila Bair·Tim Geithner

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

August 11th, 2009 · No Comments · Wall Street

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”.

[Read more →]

Tags: AIG·Bank Fines·Bank of America·Banks & Bank Failures·Barack Obama·Hank Greenberg·James Gilleran·Jed S. Rakoff·Rachel Beck·Regulation & Deregulation·SEC·Thomas Gorman·Tim Geithner·Wall Street

Happy Days II Is Here — Big Bonuses For Wall Street!

July 2nd, 2009 · 1 Comment · Wall Street

The recession is over for Wall Street. We know this because last night Dennis Kneale of CNBC was ardently defending his earlier proclamation that it was over. Now we have the return of the sickening, gagging bonuses for Wall Street, compliments of the taxpayer. What more proof do we need?

[Read more →]

Tags: Banks & Bank Failures·Dennis Kneale·Goldman Sachs·Greed & Corruption·Henry Paulson·Morgan Stanley·Neel Kashkari·Pay Packages & Bonuses·Recessions & Depressions·Tim Geithner·Wall Street

Geithner and Bernanke Defend AIG Contracts to Financial Services Committee

March 24th, 2009 · No Comments · Wall Street

Geithner went on to say “we are a nation of laws and we have to abide by those laws”, referring to the bonus contracts. I guess we are “a nation of laws” only when it benefits those on Wall Street.

[Read more →]

Tags: Banks & Bank Failures·Ben Bernanke·Financial Bailout·Financial Services Committee·Government·Pay Packages & Bonuses·Tim Geithner·Wall Street


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