Bernanke To Senator: Goldman Sachs Is NOT A State

Video - Bernanke testifies before Senate Banking - Jan. 07, 2011

• "What would happen if California defaulted..."

Manchin then looks to the Bernank for a sign of Fed willingness to bailout strapped states.  Helicopter chokes down a laugh.

Comments

[john]

States are already in enough trouble. This doesn't help.

http://www.boston.com/news/local/breaking_news/2011/02/wave_of_buildin.html

[snip]

A Jamaica Plain home under renovation collapsed this morning, joining an unprecedented wave of structural failures across the state linked to the season’s seemingly endless supply of snow, rain, ice, and sleet.

At least 44 building and structures – mostly flat-roofed commercial buildings – have failed this week, said Peter Judge, spokesman for the Massachusetts Emergency Management Agency.

Note: more snow predicted for this weekend.

[Cheyenne]

Nine candidates are vying to be Chicago's next 43rd Ward Alderman. Six of them bank with JP Morgan, the lemmings. At least Janko took a poke at them for this. He sticks it to Jamie Dimon pretty good to...

http://www.mj43.com/docs/Press_20110202_MJ_ChicagoBanks.pdf

Whole radio interview:

http://www.mj43.com/Mike_Jankovich_WJJG_AM_1530.mp3

The 43rd Ward is huge chunks of the Gold Coast, Old Town, and Lincoln Park.