Tag Archives: financial oligarchs

Headlines, Headlines, Headlines – 05 April 2009

Posted on April 5, 2009 by stacyherbert| 11 Comments

Stacy Summary: Max Keiser’s ‘guillotine economics,’ his banking fraud theories goes mainstream and his “pitchfork finance” gets presidential!

Frank Rich picks up on guillotine economics

Ritholtz on evidence of fraud at AIG

Obama administration the only thing between the bankers and the pitchforks?

Max names it 'fraud'

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Posted in Headlines

Tagged aig, financial crisis, financial oligarchs, fraud, gm, guillotine economics, obama administration, wagoner

Headlines, Headlines, Headlines – 02 April 2009

Posted on April 2, 2009 by stacyherbert| 15 Comments

Stacy Summary: The oligarchs are in the news today. And just as in the case of transfer of power in other corrupt states like post-Soviet Russia, old favorite oligarchs are punished and new favorites are rewarded with a transfer of wealth from the public.

Tim Geithner’s non-recourse gift that keeps giving to Bill Gross

Dems investigate Bush administration role in AIG

Loopholes galore in Geithner’s plans

London bankers place bets on numbers of arrests and deaths of G20 protestors

UK suburb with a 68% store vacancy rate

The role of currencies in the global financial crisis

Foreign banks benefited most from AIGs $180 billion bailout pass through mechanism

Afternoon updates:

Credit card write charge-offs hit record high

G20 gets ready to announce $1 trillion in ‘stimulus’ plans; including $500 billion for IMF

Market soars as marked to market rules relaxed

Angry village mob thwart Google streetview car

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Posted in Headlines

Tagged aig, aig bailout, bill gross, bush administration, currencies, financial oligarchs, friends of geithner, g20 protests, global financial crisis, google streetview car, marked to market, max keiser, non-recourse, oligarchs, pimco, tim geithner, us dollar colapse, yuan swaps

Headlines, Headlines, Headlines – 31 March 2009

Posted on March 31, 2009 by stacyherbert| 10 Comments

Stacy Summary: As the tide goes further and further out we are seeing that the financial oligarchs are basically wearing the taxpayers’ bathing suits, leaving us naked and exposed. Probably explains our shocked collective embarrassed silence as more and more and more and more money gets handed calmly to the oligarchs.