Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

EXPLOSIVE: AIG Bailout Flat-Out Illegal?
The Market Ticker ^ | 2/3/10 | Karl Denninger

Posted on 02/03/2010 3:24:38 PM PST by FromLori

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-40 last
To: FromLori

Lets Get Ready To RUMMMBALLLLLLLLLLLLLLLLLLL


21 posted on 02/03/2010 4:08:05 PM PST by PoloSec (Note to Princess B H Obama: May PISS be Upon Mohammads Head...You Pervert)
[ Post Reply | Private Reply | To 1 | View Replies]

To: All

Arrest Bernanke, Paulson, Greenspan, Volcker, Geithner, and throw them in jail cell with Madoff. then fill the cell with
zyklon b


22 posted on 02/03/2010 4:12:42 PM PST by wheninthecourse
[ Post Reply | Private Reply | To 21 | View Replies]

To: All

Arrest Bernanke, Paulson, Greenspan, Volcker, Geithner, and throw them in jail cell with Madoff. then fill the cell with
zyklon b


23 posted on 02/03/2010 4:12:45 PM PST by wheninthecourse
[ Post Reply | Private Reply | To 21 | View Replies]

To: reasonisfaith

Whats new? Why did JFK get whacked?


24 posted on 02/03/2010 4:19:03 PM PST by himno hero
[ Post Reply | Private Reply | To 3 | View Replies]

To: FromLori

If this is true.................


25 posted on 02/03/2010 4:21:21 PM PST by roylll
[ Post Reply | Private Reply | To 1 | View Replies]

To: Roccus

Perfect example but I am so sorry to hear that.


26 posted on 02/03/2010 4:24:31 PM PST by FromLori (FromLori)
[ Post Reply | Private Reply | To 20 | View Replies]

To: CaribouCrossing
This could get ugly. I like it.

It already is ugly. But remember these that rearranged their deck chairs got this done under a Republican president and these players will never ever accept responsibility for their actions.

Is it a 'conspiracy' yet?

27 posted on 02/03/2010 4:26:05 PM PST by Just mythoughts
[ Post Reply | Private Reply | To 2 | View Replies]

To: FromLori

Is there anything that anyone can do about it now?


28 posted on 02/03/2010 4:37:37 PM PST by JerseyDvl (The Obama Doctrine in 6 words - Embolden Enemies, Abandon Allies, WEAKEN AMERICA.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: onyx; maggief; STARWISE; Liz; Bahbah; SE Mom

Reminder for tomorrow:
Buy stock in popcorn.


29 posted on 02/03/2010 4:38:31 PM PST by hoosiermama (ONLY DEAD FISH GO WITH THE FLOW.......I am swimming with Sarahcudah! Sarah has read the tealeaves.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: FromLori

Sure, I think it’s a monstrous example of how liberals universally achieve the opposite of their claims.

Liberals claim to use the power of government for the purpose of restraining the human inclination for corruption in capital markets.

What they have done is to open the flood gates of greed.


30 posted on 02/03/2010 4:43:59 PM PST by reasonisfaith (Hey you noble leftists. If what you are doing is worth anything, it should be worth saying out loud.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: reasonisfaith

That is so true the really sickening part is the liberals seem to believe BO and his minions are waging war on their banker pals. They really haven’t a clue.

Dem. senators spent weekend with bank, energy, tobacco lobbyists

http://www.politico.com/blogs/bensmith/0210/Dem_senators_spent_weekend_with_bank_energy_tobacco_lobbyists.html?showall


31 posted on 02/03/2010 5:23:26 PM PST by FromLori (FromLori)
[ Post Reply | Private Reply | To 30 | View Replies]

To: FromLori

Reports: AIG Plans $100 Million Bonus Payment

http://www.myfoxtwincities.com/dpps/news/dpgonc-reports-aig-plans-100-million-bonus-fc-20100203_5915346


32 posted on 02/03/2010 7:28:58 PM PST by FromLori (FromLori)
[ Post Reply | Private Reply | To 12 | View Replies]

To: reasonisfaith
Criminals are running our government.

Si! From El Jefe Boosh to Mustapha bin Obama.

33 posted on 02/03/2010 7:31:26 PM PST by stboz
[ Post Reply | Private Reply | To 3 | View Replies]

To: FromLori

well well...We the People certainly have our work cut out for us now...


34 posted on 02/03/2010 7:33:23 PM PST by mo
[ Post Reply | Private Reply | To 1 | View Replies]

To: stboz
Oops! Forgot Willian Jefferson Rockefeller Rodham. Wouldn't want to short change them folks!
35 posted on 02/03/2010 7:35:12 PM PST by stboz
[ Post Reply | Private Reply | To 33 | View Replies]

To: hoosiermama; onyx; maggief; STARWISE; Liz; Bahbah; SE Mom; FromLori; stephenjohnbanker; ...
Keep in mind----when AIG was bailed out, about $17 billion (that we know of) went to Goldman Sachs.

Goldman Sachs Will Be Sitting Pretty With Emanuel in the Obama White House
By: Timothy P. Carney, Examiner Columnist, Nov 21, 2008

Goldman Sachs always has clout in Washington, as evidenced by the firm’s alumni serving as Treasury secretaries under both Presidents Bush and Clinton. Today, in these tumultuous times of bailouts and meltdowns when the investment banking leviathan needs Washington more than ever before, Goldman can leverage its most valuable asset yet—incoming White House chief of staff Rahm Emanuel. Goldman Sachs is the giant of Wall Street, and more than any other investment bank, Goldman is surviving the current financial storm.

Traditionally a Democratic booster, and one of Barack Obama’s top sources of funds in this past election, Goldman has always had some particularly strong allies within government. Emanuel is one such ally. An interesting early chapter in the Goldman-Emanuel relationship took place in the setting of Bill Clinton’s campaign for the White House in 1992. Clinton hired Emanuel as his chief fundraiser.

At the same time, however, Emanuel was on the payroll of Goldman Sachs, receiving $3,000 per month from the firm to “introduce us to people,” in the words of one Goldman partner at the time. This is certainly a noteworthy relationship, but it’s one that has almost entirely escaped scrutiny. (snip)

In his four terms in Congress, Emanuel has raised $74,750 from Goldman, making the firm his number four source of funds. Goldman has helped Emanuel. How has Emanuel helped Goldman? The most obvious answer, as mentioned in this column two weeks ago, is in Emanuel’s lead role in shepherding the “$700 billion” bailout—first proposed by former a Goldman CEO, Bush Treasury Secretary Henry Paulson—through the skeptical House.

Of course, back in the Clinton days, Goldman benefited from NAFTA and the bailout of the Mexican currency, with Emanuel pushing NAFTA through Congress, and Rubin hammering out the peso bailout. Did Goldman improperly funnel money to the Clinton campaign by subsidizing Emanuel’s salary in 1992? Did Goldman’s help to Clinton spur the Democratic president to push NAFTA and the Mexican bailout?

The answers to these questions are opaque, and with Emanuel burrowed deep within the Obama White House, the continued relationship between Goldman Sachs and Obama’s right hand man won’t be easy to follow.

Watch which regulations of Wall Street Obama fights for. Watch where the bailout money goes. And don’t be surprised Goldman soon sitting pretty once again.

http://www.washingtonexaminer.com/opinion/columns/TimothyCarney/

THINGS WE DO NOT KNOW ABOUT RAHM Did Wall Street Rahm reveal all of his ties to financial institutions involved in Obama's trillion dollar federal bailout of financials.......like Goldman Sachs, for instance?

FOR YOUR REFERENCE----CIRCA Sept 15, 2009 A SHOCKING DISPLAY OF OBAMA'S THIRST FOR POWER FOX News' Judge Napolitano notes: if implemented, the unconstitutional proposals Obama urged in his speech to Wall Street will amount to a final coup d’état by banksters, their technocrats and enforcers, at the Federal Reserve (*the privately-held bankster cartel that masquerades as a government agency). Obama's "reforms" would install a dictatorial regulatory power controlled by international bankers over the entire US economy — down to the local grocer and hot dog vendor on the corner. It will control our lives down to the smallest detail. It will require us to ask permission for the most mundane and routine of financial transactions. IT MUST BE BE RESISTED AT ALL COSTS. VIDEO LINK AVAILABLE Judge Andrew Napolitano On Obama/Bankster Takeover

FOR YOUR REFERENCE-----Goldman Sachs-AIG: It's Likely Worse Than You Think
Real Clear Markets | 1/13/10 | James Keller
FR Posted January 13, 2010 by Nachum

The Goldman Sachs-AIG scandal may be worse than we think. Former New York Fed President and current Treasury Secretary Timothy Geithner is being castigated for paying off AIG's counterparties - Goldman foremost among them - 100 cents on the dollar and then keeping these payments secret. But it seems likely that Goldman actually got much more than 100%. What is worse, Goldman may have received this windfall by trading on information that was deliberately withheld from the public. (Excerpt) Read more at realclearmarkets.com ...

36 posted on 02/03/2010 10:41:41 PM PST by Liz (A person who smiles in the face of adversity probably has a scapegoat nearby.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Liz

Whew - almost TMI this morning!

Truly, the Damnocrats are THE largest criminal organization in the nation - and, I think, in the world!


37 posted on 02/04/2010 1:56:25 AM PST by Freedom'sWorthIt (Ronald Reagan: If we ever forget that we're one nation under God,then we'll be a nation gone under.")
[ Post Reply | Private Reply | To 36 | View Replies]

To: Just mythoughts

Is it a ‘conspiracy’ yet?

Yes and it always has been. They called Copernicus and Galileo heretics in their day. We’re in good company when the brainwashed call us “kooks” while the irrefutable evidence piles up behind us.


38 posted on 02/04/2010 6:26:22 AM PST by mikelike (Truth is explosive when surrounded by lies)
[ Post Reply | Private Reply | To 27 | View Replies]

To: Jim Noble; FromLori

“I think it’s quite likely that bribery on a major scale played a role in the bailouts of Goldman Sachs and AIG.”

That sir, is the understatement of the century.


39 posted on 02/04/2010 7:14:16 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: onyx; maggief; STARWISE; Liz; hoosiermama; SE Mom

“Later, when it became clear information would be disclosed, New York Fed legal group staffer James Bergin e-mailed colleagues saying: “I have to think this train is probably going to leave the station soon and we need to focus our efforts on explaining the story as best we can. There were too many people involved in the deals — too many counterparties, too many lawyers and advisors, too many people from AIG — to keep a determined Congress from the information.”

Think of the enormity of that statement. A staffer at a body with little public accountability and that exists to serve bankers is lamenting the inability to keep Congress in the dark.

This belies the culture of secrecy obviously pervasive within the New York Fed. Committee Chairman Edolphus Towns noted during the hearing that the bank initially refused to disclose even the names of other banks that benefited from its actions, arguing this information would somehow harm AIG. “

There you are.
Good catch, Onyx!


40 posted on 02/04/2010 7:21:08 AM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
[ Post Reply | Private Reply | To 14 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-40 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson