This deposition will effectively allow us to learn the government’s rationale (however lame) of the How and Why of the invalid and illegal trust used to gain control over AIG.
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Here are the questions from the subpoena:
1. The decision(s) to provide government financing to and otherwise bailout American International Group, Inc. (hereinafter “AIG”) and how the financing bailout was structured.
a. This matter specifically includes decisions regarding how and why the original financing provided by the government was funds provided by the FRBNY in the form of a credit facility;
b. This matter specifically includes the decision by the Fed to authorize the FRBNY to loan $85 billion to AIG pursuant to Section 13(3) of the Federal Reserve Act (12 U.S.C. § 343);
c. This matter specifically includes decisions requiring AIG to grant the FRBNY a pledge on assets and to transfer to the AIG Credit Facility Trust (hereinafter “Trust”) Series C preferred shares, which provided the Trust, inter alia, 79.9% (later reduced to 77.9%) of any dividend payments by AIG and of any aggregate voting rights of AIG common stock;
d. This matter specifically includes the decision to establish the Trust on behalf of the U.S. Treasury and to include section 1.03 in the AIG Credit Facility Trust Agreement granting the Board of Governors of the Federal Reserve System authority to terminate the Trust or amend its terms;
e. This matter specifically includes all subsequent decisions regarding the structuring of the government financing and bailout of AIG, including the decisions about when, how, and why to use (1) funds authorized by the Emergency Economic Stabilization Act of 2008, 12 U.S.C. § 5201 et seq. (hereinafter “EESA”); (2) funds not authorized by EESA, but otherwise under the control or authority of the U.S. Treasury and/or Treasury Department; (3) funds under the control or authority of the Federal Reserve Board; (4) funds under the control or authority of the FRBNY; and/or (5) any other funds under the control or authority of any other entity or agency subject to the direction and/or control of the U.S. Treasury and/or Treasury Department, the Federal Reserve Board, and/or the FRBNY.
f. This matter specifically includes the actual and permissible use(s) of funds from any government source (including the FRBNY) by AIG.
2. The information made available to the Office of the Special Inspector General for the Troubled Asset Relief Program (hereinafter “SIGTARP”) established by EESA, including information and communications to and from SIGTARP regarding the actual and permissible use(s) of funds from any government source (including the FRBNY) by AIG.
3. The facts, including communications, related to the FRBNY’s knowledge of and/or information about Islamic law (i.e., Shariah), Shariah-compliant financial products, the Shariah obligation of jihad (i.e., kinetic war and/or terrorism), the Shariah obligation of dawa (i.e., the effort to both convert non-Muslims to adherence to Shariah and/or the effort to convert all political systems or political orders to Shariah-adherent political systems), and the use of Muslim charitable donations by individuals and/or Islamic and/or Shariah-compliant financial institutions to support jihad and/or dawa, including the use of donations by certain Muslim charitable organizations to support terrorist activity.
BTTT for tomorrow.
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?
THIS JUST IN: Rahm just announced he's going on a "family vacation" to Africa. Jest sayin'.
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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