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...

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Previously from Tarullo - Read this one...

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

Comments

[DailyBail]

http://www.federalreserve.gov/aboutthefed/bios/board/tarullo.htm

[DailyBail]

No Thanks, No Mansion for Me, Say More Governors-to-Be

http://online.wsj.com/article/SB10001424052748704098304576021743737965926.html?mod=WSJ_newsreel_realEstate

[DailyBail]

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'

http://online.wsj.com/article/SB10001424052748704681804576017731348653642.html?mod=WSJ_newsreel_ahed

[Tofu Mary]

The Fed as Big Brother:
http://www.youtube.com/watch?v=mWQn82LHc50

[Throb]

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.

[DailyBail]

@throb...nice catch...

geithner's jazz hands drive me fucking insane...