Entries by DailyBail (6219)
Aug 3, 2012 at 6:17 PM
Tim Geithner Admits Banks (And AIG) Were Bailed Out At Rigged Libor Rates, Costing Taxpayers Billions
One-minute clip from yesterday of Geithner being questioned by Rep. Hensarling regarding the Fed's and Treasury's decision to use an artificially low Libor as the interest rate on hundreds of billions in crisis loans to AIG and other bailed-out banks.
Full story inside.
BANKSTER DEATH PENALTY - Iran Sentences Four Bankers To Hang For $2.6 Billion Fraud - Meanwhile Jamie Dimon & Lloyd Blankfein Are Still Safe In America
Hang the bankers... ? Bernanke, Paulson, Geithner, Rubin, Corzine, Dimon and Blankfein are safe for now, but perhaps if we moved Wall Street to downtown Tehran.
We have an entire class of people and financial corporations who do little more than use their money (via lobbying) and power to extract (e.g., legally steal) billions of dollars from both taxpayers and shareholders, and they are heralded as 'job creators' and 'captains of industry.' When caught doing something that is actually illegal (Libor manipulation, for example), they blame rogue traders and call upon political connections with Eric Holder and Lanny Breuer via the Covington & Burling infested Department of Justice.
Scoundrels, every last one of them.
Meanwhile, those who steal from grocery stores generally go to jail.
It is not fair. It is not just. It is not right. And it is why, according to a new Gallup Poll, 'Reducing Corruption in Government' has become the second most important issue to American voters, with a whopping 87% of all votes.
Now, onto Iran, where banksters get punished.
GET RID OF DIMON! - Simon Johnson's Petition To Remove Jamie Dimon From The New York Fed Passes 40,000 Signatures
The petition was launched in early May. It garnered 30,000 signatures by June 1, but has stalled recently, still short of the target of 50,000.
Get to work, people:
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VIDEO - Draghi Discusses His 'Whatever It Takes' Promise, European Bonds Have Their Worst Day In A Decade
Meet the Central Banker who cried wolf. ECB master of the universe Super Mario begins dancing the 'whatever it takes' waltz at the 40-second mark.
VIDEO - Pelosi Explains Her NO Vote On Audit The Fed
Nancy on H.R. 459 earlier this week...
Hey Nance, maybe we should audit your books.
Draghi: 'Euro Is Irreversible, ECB Is Ready To Intervene'
The European markets voted and decided he was lying, again. Then they got crushed.
UPDATE - Bank of America Under Siege By Mortgage Putback Claims, Pimco's El-Erian Says World In 'Frightening Slowdown', Facebook Stock Now A Teenager (LINKS)
- The Real Defense Budget Is Twice What Washington Tells You - The Atlantic
- Pimco’s El-Erian Says World in 'Frightening Slowdown'
- UPDATE - Bank of America Under Siege By Mortgage Putback Claims
- More Cuts For Debt-Ridden Spanish Regions - Bloomberg
- Facebook: The Stock That Keeps on Dropping
- S.E.C. Urges Reforms of Municipal Bond Market - NYT
- Paul Farrell: The Real Crash is dead ahead as 2008 is forgotten
- PHOTO - Bird Strike Leaves Massive Hole in UNITED Jet
- Man texts, "I need to quit texting," before driving off cliff
- VIDEO - Olympic Badminton pairs disqualified for throwing matches
Photo inside from William Banzai.
