Geithner Faces The Digg Community & The WSJ: Doesn’t Want A Fed Audit
Digg subscribers submitted questions for Treasury Secretary Timothy Geithner in the 9th installment of the Digg Dialogg. Today, the Wall Street Journal’s Deputy Managing Editor Alan Murray grilled a visibly uncomfortable Timmy.
Read More..>>Goldman Sachs And “The Club”: Masters Of The Universe
Blankfein. Steel. Thain. Paulson. Kashkari.
Right Soup readers know that I spent my first working decades in the viper pit of Wall Street; my formative years were at the recently slain (some say by Goldman Sachs) Goliath Bear Stearns. Anyone who has spent any time at all in my former profession knows what [...]
No Bank Left Behind
Turbo-Tax Treasury Secretary Timothy Geithner helped create the “stress test” for banks. This fact alone should give you the cold shivers. For the past several weeks examiners have been combing over the banks balance sheets and assets, putting the institutions through their paces. Or so we’ve been led to believe. [...]
Read More..>>Does Your Bank Need Help? Don’t Tell Geithner Or You’re Fired!
Timothy Geithner, the man who couldn’t figure out TurboTax, made a warning on Sunday to all bank boards and CEOs. If they’re having trouble, and they ask for help, then he just might have to fire them.
“If in the future, banks need exceptional assistance in order to get through this, then we will make [...]
Geithner Wants Broad Authority To Seize U.S. Companies
UPDATE: Hearings beginning right now (9am CT) on C-Span 1.
Treasury Secretary Timothy F. Geithner is set to argue for new powers to seize U.S. companies at a hearing today on Capitol Hill. The hearing is to address the bonuses paid to executives at American International Group, which the government has propped up with [...]
Geithner’s Gotta Go
Obama’s trying to prop up Treasury Secretary Geithner today, as calls for his head have begun in earnest. Barry says “nobody’s working harder than Geithner”, even though he’s given us zero details on what the hell he’s doing at work. B.O. says there has never been a Secretary of the Treasury that’s had [...]
Read More..>>SNL Rips Geithner: Major Bucks If You Have A Plan!
Loved this last night…unfortunately, it’s pretty dead on- we’re still waiting on those figures, Tim.
Read More..>>Tax-Day Tea Parties Are Coming!
A new organization called Tax Day Tea Party is getting ready to stage a national tea party on April 15th…Income Tax Return Day, to continue citizen protests of out of control government spending.
The Tax Day Tea Party is the second round of Nationwide Tea Party protests. The Party is to build upon [...]
The FDIC Screws The Community Banks
This may well be the end of responsible small and community banks…all courtesy of the irresponsible financial institutions that screwed up their balance sheets with idiot investments. Bank of America, AIG and the gang may be “too big to fail,” but there are hundreds of banks who obviously weren’t. The FDIC’s fund that [...]
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