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Tuesday
Jul192011

Geithner Is Hounded Through The Halls Of Congress: "Do You Work For Wall Street Or The American People!"

Video - Mike Stark Asks Geithner About AIG Counterparty Payments

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.

Clips are short and outstanding.  Don't skip the second one.

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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.

---

Important AIG stories from the archives:

Dylan Ratigan: Building A Case Against Geithner

BOMBSHELL REPORT: Goldman Sachs Got Billions From Taxpayers Thru AIG For Its OWN Account, Crisis Panel Finds; Contradicting SWORN Testimony From Execs

How Paulson Appointees & Former GS Employees Dan Jester & Ed Liddy Colluded To Destroy AIG And Secure A Secret Bailout For Goldman Sachs

Subpoenaed Documents Show Goldman Sachs Offered To 'Tear Up' AIG Derivatives Contracts At 'Right Price' Before NY Fed Took Over Negotiations

Marcy Kaptur Exposes Tim 'Goldman Sachs' Geithner Before Congress

South Park Explains The AIG Bailout

Geithner's Crimes Through AIG - Will The Truth Come Out

Timothy Geithner, I Call Your Bluff (Janet Tavakoli)

Who Is Dan Jester And Why Did Tim Geithner Call Him 103 Times During The Financial Meltdown Of 2008?

Emails Don't Lie, Just Ask The Fed Officials Who Hide Them: AIG's Disclosure Surprised, Displeased NY Fed

COVER-UP: New York Fed Officials Pressured The SEC To Grant 'National Security' Status To Hide AIG's $62 Billion Gift To Banks

Tim Geithner Is A Disgrace (By Eliot Spitzer)

French Were Willing To Negotiate AIG Discounts: Barofsky

How The NY Fed, Under Stephen Friedman & Tim Geithner Pressured AIG Officials To Withhold Details Of Payments To Goldman Sachs, Other Counterparties

The Triumphant Return Of Tricky Dick: Treasury Secretary Tim Geithner Is Still Lying And We Prove It

Bloomberg Investigates Former NY Fed Chairman Stephen Friedman Over Controversial Purchases Of Goldman Shares

Dan Jester: Still Looking For The Mystery Man Behind The Goldman Sachs AIG Swindle (VIDEO - Hank Paulson Grilled By Congress About Contact With Jester)

AIG BAILOUT: Obama, Biden, Geithner And Clinton Get Help From Abe Lincoln (Video)

Is Stephen Friedman Guilty Of Insider Trading?

A 25 Billion Dollar Secret: The NY Fed, Goldman & The AIG Cover-Up

Barofsky Blames Geithner For AIG Bonus Rip-Off

 


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Reader Comments (19)

I LOVE awkward moments on camera. And it doesn't get much more awkward than this. On the other hand, it probably would have been slightly more awkward if Mike Stark had spit in Geithner's face. We all know why he doesn't want to answer questions about AIG, but it would be pretty hard to play cool when there's a loogie hanging off the end of your nose.
Nov 25, 2009 at 1:23 PM | Unregistered CommenterJames H
I look forward to this prick Geithner, fat Paulson and the rest of the Treasury, FedRes, Congress and other Fat Buereaucrat Crooks hanging from lamp post in the middle of that hellhole DC! It is time for being held accountable!
Nov 25, 2009 at 3:33 PM | Unregistered CommenterWestWright
Don't forget, that prick Timmy works for Volcker and the Group of Thirty.
Nov 25, 2009 at 5:15 PM | Unregistered Commentergobias
When you guys get ready to hang them up from the lamp posts, just let me know, I'll be there ASAP with pitch fork and torch!
Nov 25, 2009 at 5:48 PM | Unregistered CommenterDavid
Is the chick following him around his wife or a helper? Not bad. Those New World Order bankers get all the chicks.
Nov 25, 2009 at 7:24 PM | Unregistered Commentergobias
It don't look like his eyebrows have grown back from the meth lab explosion yet...
Nov 25, 2009 at 7:57 PM | Unregistered CommenterS. Gompers
B R A V O Mike Stark!!
Nov 25, 2009 at 9:41 PM | Unregistered CommenterSonic Ninja Kitty
I like that....... "Geithner's so close you could reach out and slap the 'smug' right off his face." Toooooo funny. The man's face is the epitome of smug.

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.
Nov 25, 2009 at 10:47 PM | Unregistered CommenterV as in.........
Please...someone...who is that chick?
Nov 26, 2009 at 12:03 AM | Unregistered Commentergobias
Really, is that what this world has come to? Nobody cares that they are real people. Well, not Geithner, he is an evil cyborg planted by the New World Order. Why are all the cyborgs Jewish, kidding.
Nov 27, 2009 at 8:48 PM | Unregistered Commentergobias
Been reading your blog now for quite a long time and really like it. I don't know if it's your style or not , but do you think you could do a post on the oil spill in the gulf?

I love your thoughts and opinions, and would love to see your commentary on this tragedy.
Jul 13, 2010 at 9:40 PM | Unregistered Commenterjudithlamb@moozic.net
Jul 13, 2010 at 9:54 PM | Registered CommenterDailyBail
Who gives a shit about awkward 'moments'? A moment of fleeting unease when they have harmed millions and DESTROYED US? Big friggn' deal. Not interested in a split second of video smirking, its piss poor compensation for their ongoing carte blanche. A video is NOT justice and doesnt mean diddly squat.

Put some of these gd sayinim in JAIL. America, FUKKING DO SOMETHING TO STOP ALL THIS!
Jul 7, 2011 at 2:41 PM | Unregistered Commenterkleptonite
Wanna KNOW about the spill? Google Ian R Crane.
Jul 7, 2011 at 2:44 PM | Unregistered Commentermofo
Timmy just looked right through you and didn't hear a word you said. You/We, don't exist in his world. He wouldn't piss on you if you were on fire. These are the creatures that are in control of us. It's time WE turn our backs to these parasites or hang them.
Jul 7, 2011 at 5:50 PM | Unregistered Commenterdenmason
He views the interviewer as nothing. Because to him and the other criminals our citizenry is nothing. The apex of arrogance.
Jul 19, 2011 at 12:21 PM | Unregistered CommenterDwayne
Even better than hanging is the gulilotine. Set it up on the top of the capital steps and you have the entertainment factor of watching the scumbag's head bouncing down the steps.
Jul 19, 2011 at 1:20 PM | Unregistered Commenterj r
Waiting for these criminals to hang? I've got news for you...it "ain't never gonna happen". Incumbents always protect those who went before because they fear the same thing could (and would) happen to them. They CANNOT set a precedence. Thus, there is never justice, just ongoing criminality and rape of the country, the world and all citizens of the world who are not members of the elite or "in" with the corrupt powerful who are under their control.
Jul 19, 2011 at 2:40 PM | Unregistered CommenterMiss Daisy
well said miss daisy...
Jul 19, 2011 at 10:26 PM | Registered CommenterDailyBail

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