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"The Federal Reserve Is A Ponzi Scheme"

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Must See: The Fed Is On Top Of The Situation

Brilliance in oversight from the always reliable Federal Reserve...

Video - Senate Banking Committee hearings, probing mortgage services and foreclosure practices - Dec. 2, 2010

The Federal Reserve's Daniel Tarullo admits when he first learned of fraud probes at GMAC- Ally Bank, a company under the Fed's extra-diligent oversight.

Tarullo's bio page at the Fed...



Previously from Tarullo - Read this one...

Fed Governor Issues Warning on Bank Dividends and Mortgage Put-Back Risk




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Reader Comments (6)

Jan 3, 2011 at 2:20 PM | Registered CommenterDailyBail
In a Tale That Wags Dog Owners, They Rent Flocks for Bored Collies

Compulsive Sheep Herders Need a 'Job' to Entertain Them; 'That'll Do'

Jan 3, 2011 at 2:22 PM | Registered CommenterDailyBail
Jan 3, 2011 at 3:00 PM | Unregistered CommenterTofu Mary
What's with all the hand motion when FED alumni testify to congress? This is bad - but Timmy Geithner's style is like Pee Wee Herman on Speed running a 3 Card Monte pig in a poke for the orphaned shopping cart crowd meandering around 42ed street.

Paulson does it too - always flashing his bent little finger after his pimp tragically caught him pilfering the cookie jar - again.

A lot of these neo cons do this. Who are their media and PR consults.
Jan 6, 2011 at 11:50 AM | Unregistered CommenterThrob
@throb...nice catch...

geithner's jazz hands drive me fucking insane...
Jan 6, 2011 at 7:49 PM | Registered CommenterDailyBail

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