« Blogger Mike Stark Hounds Geithner Through The Halls Of Congress »
Video: Citizen Journalist Mike Stark Asks Geithner About AIG Counterparty Payments -- Nov. 18
This is classic stuff as Mike attempts to follow Turbo through the lower chambers asking questions about AIG payouts at par. Tim hears every word but won't acknowledge Stark, even slightly. Best 2 questions from an interviewer I've seen. Hilarious and weird at the same time; Geithner's so close you could reach out and slap the 'smug' right off his face.
From Stark's website
To many of us following the continuing Wall Street scandal, it was appalling to learn that Treasury Secretary Tim Geithner, in his previous job as head of the NY Fed, brokered a deal in which the Wall Street investment banks received full value for the bad bets they placed and insured with AIG.
They didn’t do their due diligence, AIG failed and they should have been forced to take the same haircut they would have had to have taken if AIG unwound in a bankruptcy court. Instead, they got paid at par; they took no loss.
I asked the Secretary why he didn’t force the haircut. Of course, we don’t have a government accountable to the people, so he just ignored me. And continued to ignore me when I pointed out that he is a puppet of Wall Street – that he pays more attention to the fraudsters and banksters than he does to the people charged with passing laws to ensure that similar circumstances do not arise again.
-----------------
Includes Facebook, Twitter and other share options. Click the 'Email' icon when the window opens and it will give you the option of accessing your address book for sending multiple emails.
If you're one of our 13,000 daily readers by RSS and email who pretty much never visit the site, then you don't know that we launched a new page called Live Beat. Basically, if you don't read it you're missing out on half of our content.
We offer 2 ways to subscribe to Live Beat:
or
---------




Wednesday, November 25, 2009 at 12:53PM
Reader Comments (12)
Bravo on the "Hang em" boys........... after a fair trial. The electic chair or lethal injection would be far to private. Yes, a public hanging in D.C. would be appropriate.
I love your thoughts and opinions, and would love to see your commentary on this tragedy.
http://dailybail.com/display/Search?searchQuery=oil&moduleId=4521698&moduleFilter=&categoryFilter=&startAt=0