Hopefully, we will be able to inform the people enough to know how badly we’re getting screwed,” he said with a laugh. “We need to know how to prevent it from happening again, and we need to know who did it.
This ray of transparency was not provided by Bernanke, rather it's been sitting unnoticed on the FCIC website, having NOT been included in the final report.
"Central Banks would literally have to print $500 trillion in new fiat money to inflate the debt away..."
Turbo is getting upset becaue Neil Barofsky is spreading the bailout truth all over the news...
A few stories from around the web tonight:
Links from around the web:
"My name is Foti Georgiadis. My life savings are now frozen as a client of MF Global. This is my story."
This is highly entertaining...
And I've included a clip of Obama making the same mistake when announcing Biden as his running mate in 2008.
Another short clip from Fisher's interview on Bloomberg this morning.
Afternoon reading from around the web:
Decent clip. More from Geithner's Libor testimony July 25.
You can just skip to the 4-minute mark and watch the last 2 minutes. After considerable effort, Miller gets Geithner to admit that he 'did NOT inform the DOJ of anything even though he was aware of specific cases of fraud involving LIBOR manipulation.'
The Telegraph has a live blog, updating every few minutes.
Aug 15, 2012 at 11:46 AM
