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Report hits Geithner over AIG bailout
Politico ^ | 11/16/09 | EAMON JAVERS

Posted on 11/16/2009 5:33:42 PM PST by Nachum

The government’s watchdog over the bank bailout program is criticizing Treasury Secretary Timothy Geithner’s handling of one of the most sensitive moments of last year’s financial meltdown, questioning decisions he made while heading up the New York Federal Reserve Bank.

The new report criticizes the New York Fed’s decision in the fall of 2008 to bail out insurance giant AIG by covering its clients’ losses, sending tens of billions in taxpayer dollars to overseas banks.

(Excerpt) Read more at politico.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: aig; bailout; geithner; hits; irs; report; ripoff; timmy; treasury; turbotax

1 posted on 11/16/2009 5:33:43 PM PST by Nachum
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To: Jet Jaguar; NorwegianViking; ExTexasRedhead; HollyB; FromLori; EricTheRed_VocalMinority; ...

The list, ping


2 posted on 11/16/2009 5:35:13 PM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: Nachum

Nothing we did not already know but prey tell what will they do about it?

Any perp walks coming?

Nothing we were robbed! No restitution when you paid off the pigs in government.


3 posted on 11/16/2009 5:43:13 PM PST by FromLori (FromLori)
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To: FromLori

Charged with what? Being poor at playing poker at the big boys’ table?


4 posted on 11/16/2009 5:50:46 PM PST by proxy_user
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To: Nachum
"The Pot Calling The Kettle Black"
5 posted on 11/16/2009 5:56:58 PM PST by org.whodat (Vote: Chuck De Vore in 2012.)
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To: Nachum

The new report criticizes the New York Fed?s decision in the fall of 2008 to bail out insurance giant AIG by covering its clients? losses, sending tens of billions in taxpayer dollars to overseas banks.

SEIU in action.

http://action.seiu.org/page/s/goldmandc


6 posted on 11/16/2009 5:57:43 PM PST by katiekins1 ( I am preparing a table for you in the presence of your enemies, and you shall feast on the beasts)
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To: Nachum

Being on the Buddy List paid off big time. The Zero never saw it coming and George was ready to go.

This whole thing stinks to High Heaven and George Soros and Company.

Just follow the money.


7 posted on 11/16/2009 5:59:01 PM PST by ImJustAnotherOkie
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To: Nachum

My “TAX CHEAT” stamp will go dry before they print any bills w his name on it!.....!


8 posted on 11/16/2009 7:09:28 PM PST by G Larry (DNC is comprised of REGRESSIVES!)
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