Tag Archives: friends of geithner

Headlines, Headlines, Headlines – 10 April 2009

Posted on April 9, 2009 by admin| 21 Comments

Stacy Summary: Banks resembling mafia organizations in the headlines today as the banks are forced to take an oath of omerta to Geithner and the Australian bank cartels shakedown the people.

Banks told to stay silent on stress test results

Australian ‘bank cartels’ slammed for pocketing rate cuts

BT slashes contractors’ pay by 30%

Credit default spreads show speculative run on banks underway, with help of cheap Fed/Treasury funds

IEA reports oil demand will be down 2.4 m barrels a day this year

UK shop prices soar as pound tumbles

Fed to begin pumping foreign currency into U.S. banks (h/t Shawn)

The Economist: “Who’s at risk as deepening economic distress foments social unrest” [PDF]

Estonia’s new virtual Bank of Happiness where good deeds are traded

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Tagged australia, bank cartels, barricades, bt, contractors, credit default spreads, federal reserve, foreign currency swaps, friends of geithner, iea, oil demand, pay, rate cuts, social unrest, speculation, stress test, uk inflation

Headlines, Headlines, Headlines – 08 April 2009

Posted on April 8, 2009 by stacyherbert| 22 Comments

Stacy Summary: More and more evidence that the financial oligarchy will not pay for their crimes as Friends of Geithner live to defraud another day.

Connecticut to investigate $400 million in TALF funds big 3 ratings agency monopolies will receive

Kotlikoff on Geithner’s troubled and seamy bank plans

Sachs: The Geithner-Summers plan is even worse than thought

‘Savvy, young heirs’ to give new face to Mexico’s drug cartels

Mass drugging (the Western pharmaceutical cartels have the monopoly on this turf) suggested to deal with UK obesity epidemic

US consumer credit drops by $7.5 billion

GM to dump $16 billion in workers’ pensions, while preserving sanctity of executives’ pensions

Roubini says bank takeovers deepened financial crisis

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Tagged Add new tag, financial oligarchy, friends of geithner, geithner summers plan, gm, gm pensions, jeffrey sachs, kotlikoff, mexican drug cartels, roubini, US consumer credit, zombie banks

Headlines, Headlines, Headlines – 04 April 2009

Posted on April 4, 2009 by stacyherbert| 24 Comments

Stacy Summary: The US government and its latest imperial presidency are not ready to stop transferring wealth from the population to the bankers and are doing everything in their power to stop the people from knowing that it is happening. And it looks like once they are done looting us, they are planning on sending our bankrupt a**es to the IMF. Welcome to neo-feudalism 2.0.

Preparing us for US & UK to ask for IMF loans?

Are Geithner and Obama lying and breaking the law? Keating Five whistleblower says so on Bill Moyers (Must read)

Obama administration ‘laundering money’ to help bankers circumvent Congressional oversight

Larry Summers received hundreds of thousands in speaking fees from TARP recipients

Thomas Jefferson predicted today’s crisis due to ‘fictitious capital’

Facebook to introduce option to trade your ‘real’ cash for virtual tip

Obama unable to identify cause of financial crisis, says we shouldn’t seek to blame

Point 19 in G20 communique moves world closer to global currency

Singapore may devalue their currency

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Tagged devalue dollar, fictitious capital, friends of geithner, g20 communique, geithner plan, global currency, imf bailout, imf loans, keating five, larry summers, obama administration, point 19, sdr, sgd, singapore, special drawing rights, tarp, thomas jefferson, UK, US

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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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 – 01 April 2009

Posted on April 1, 2009 by stacyherbert| 9 Comments

Stacy Summary: The word formerly known as “pension” is big news today as it looks increasingly unlikely that any non-oligarchic Americans will receive any of their previously contractually obliged retirement benefits.

US property prices down 29 pc, continue to tumble at fastest rate on record

Obama considers bankruptcy best option for GM & Chrysler (or, how workers are about to find out that their contracts are not inviolable)

Exxon pension fund files suit against Northern Trust alleging “reckless, massive losses”

Lord Mandelson’s plans to privatize Royal Mail condemned as ‘vague’

British taxpayers to bail out MPs’ ‘gold plated’ pension plans

Nigeria is worst performing stock market as loans to speculators go bad

Afternoon updates:

Rioters loot offices of Royal Bank of Scotland

Treasury toxic asset disposal program available to pre-ordained financial oligarchs

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Tagged chrysler, exxon, friends of geithner, gm, lord mandelson, max keiser, max keiser oracle, mp pension, nigeria stock market, obama, pensions, royal bank of scotland, royal mail, stacy herbert, us property prices

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