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Director of Office of Thrift Supervision Placed On Leave
Yahoo AP ^
Posted on 03/26/2009 9:26:59 PM PDT by IDRATHERNOT
Edited on 03/27/2009 4:38:01 AM PDT by Admin Moderator.
[history]
A top bank regulator has been placed on leave pending a Treasury Department investigation into regulators' approval of backdated cash infusions for troubled thrifts.
The Office of Thrift Supervision said Thursday its acting director, Scott Polakoff, was placed on leave. He is being replaced by OTS Chief Counsel John Bowman.
(Excerpt) Read more at finance.yahoo.com ...
TOPICS: Breaking News; Business/Economy; Government; US: California
KEYWORDS: bankfailure; banking; bho44; bhotreasury; chuckschumer; indymac; ots; polakoff; regulator; schumer; schumersoroscrooks
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Top regulator of banks caught in shenanigans. Chuck Schumer and Soros hands are all over this.
To: PAR35; TigerLikesRooster; AndyJackson; Thane_Banquo; nicksaunt; MadLibDisease; happygrl; ...
"Oops! Honey, we shrank their balance sheet!"
2
posted on
03/26/2009 9:28:29 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: PAR35
How quaint. It’s also FDIC Friday.
3
posted on
03/26/2009 9:29:08 PM PDT
by
rabscuttle385
("If this be treason, then make the most of it!" —Patrick Henry)
To: IDRATHERNOT
Top regulator of banks caught in shenanigans. Yes. But they aren't going after the guy who did it. They are going after the guy who has only had the job for a month.
The shenanigans happened late last year.
4
posted on
03/26/2009 9:37:58 PM PDT
by
UCANSEE2
(The Last Boy Scout)
To: UCANSEE2
He was there last year and approved the backdating. He was just promoted to top job last month.
In addition, he was at the FDIC for 22 years before that.
To: UCANSEE2
It dose not say who approved the may transaction, would you like to bet on who that was.
6
posted on
03/26/2009 9:42:44 PM PDT
by
org.whodat
(Auto unions bad: Machinists union good=Hypocrisy)
To: org.whodat; IDRATHERNOT
Did Bowman or Reich approve the May transaction?
7
posted on
03/26/2009 9:48:52 PM PDT
by
UCANSEE2
(The Last Boy Scout)
To: IDRATHERNOT
Office of Thrift Supervision.
I thought surely, at first, that this was satire.
Then I thought of the term Congressional Ethics Committee.
8
posted on
03/26/2009 9:51:16 PM PDT
by
UCANSEE2
(The Last Boy Scout)
To: IDRATHERNOT
9
posted on
03/26/2009 9:51:35 PM PDT
by
Reagan Man
("In this present crisis, government is not the solution to our problem; government is the problem.")
To: Reagan Man
Soros bought the remains of IndyMac at a 4.7B discount at the end of January.
Link to Article
To: IDRATHERNOT
Heard that today. Thanks for the link.
11
posted on
03/26/2009 10:01:07 PM PDT
by
Reagan Man
("In this present crisis, government is not the solution to our problem; government is the problem.")
To: IDRATHERNOT
Soros, Corzine, Bloomberg and the other Bentley Bolsheviks believe in capitalism and free markets for themselves.
That’s how they made their billions. It’s no good for the unwashed masses in the proletariat. They are too stupid.
12
posted on
03/26/2009 10:01:25 PM PDT
by
Eric Blair 2084
(Alcohol, Tobacco and Firearms shouldn't be a federal agency...it should be a convenience store.)
To: IDRATHERNOT
Lemme guess. This chap voted for Obama, no???
13
posted on
03/26/2009 10:01:44 PM PDT
by
April Lexington
(Study the constitution so you know what they are taking away!)
To: IDRATHERNOT
and we now all know that Soros is having a very good crisis.
14
posted on
03/26/2009 10:28:12 PM PDT
by
GOP Poet
To: IDRATHERNOT
He started at the FDIC in 1983. So he is apparently a Reagan Bush1 Clinton Bush2 retread. This crime is all encompassing in DC I’m afraid.
15
posted on
03/26/2009 10:30:15 PM PDT
by
PghBaldy
(Bernanke has lost control- he will now buy our bonds- soon no one else will.)
To: IDRATHERNOT
We need to build a big new prison for economic traitors. Make it a work farm in Mississippi. Get them shoveling manure for the next 25 years.
16
posted on
03/26/2009 11:00:40 PM PDT
by
dennisw
(0bomo the subprime president)
To: PghBaldy
He started at the FDIC in 1983. So he is apparently a Reagan Bush1 Clinton Bush2 retread. This crime is all encompassing in DC I’m afraid.Undoubtedly it was time to bolter his retirement fund with bribes and kickbacks and money routed to an offshore account
He became jealous of what the credit default swap players were taking home </speculation>
17
posted on
03/26/2009 11:05:32 PM PDT
by
dennisw
(0bomo the subprime president)
To: dennisw
Build a wall and block all communications from DC. The manure is already there.
18
posted on
03/27/2009 1:08:22 AM PDT
by
1010RD
(First Do No Harm)
To: IDRATHERNOT
If only we had more cops aiding and abetting. Where can you find an honest, political appointee?
19
posted on
03/27/2009 1:09:09 AM PDT
by
1010RD
(First Do No Harm)
To: UCANSEE2
20
posted on
03/27/2009 1:35:27 AM PDT
by
American in Israel
(A wise man's heart directs him to the right, but the foolish mans heart directs him toward the left.)
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