Tag Archives: treasury

ACLU & CCR File Emergency Suit Against Timothy Geithner and Treasury Department

Posted on August 3, 2010 by stacyherbert| 99 Comments

Stacy Summary: Glenn Greenwald on the ACLU & CCR filing a lawsuit against Timothy Geithner and the US Treasury this morning. Has anyone here heard of the International Emergency Economic Powers Act which grants the Treasury Secretary the power to deny US citizens the right to a lawyer? Even one that might help remove the person from an assassination list? Thoughts?

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Tagged aclu, ccr, international emergency economic powers act, treasury

Goldman’s body count is criminal

Posted on December 23, 2009 by stacyherbert| 30 Comments

Stacy Summary: As we have said in our radio shows, Goldman basically took out an insurance policy on the US economy and her consumer/citizens and then had every incentive to burn the whole thing down to collect on the insurance money.

Body count from Goldman actions crosses into criminal territory

In addition, the Federal Reserve and the Treasury, by helping Goldman Sachs to profit from homeowner and investor losses, conceal their misrepresentations to shareholders, destroy insurers by stuffing them with toxic bonds that they marketed as AAA, and escape from the consequences of making a risky bet, committed a grave injustice and, very likely, financial crimes. Since the bailout, they have actively concealed their actions and mislead the public. Goldman, the Fed and the Treasury should be investigated for fraud, securities law violations and misappropriation of taxpayer funds. Based on what I have laid out here, I am confident that they will find ample evidence.

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Tagged aig, cdo, fed, goldman sachs, treasury

A ‘highly speculative’ Treasury and racketeering bankers

Posted on August 28, 2009 by stacyherbert| 22 Comments

Stacy Summary: They say we get the politicans we deserve; do we also get the banking system we deserve? The second link to Tyler Durden’s piece picks up on Max’s theme that the banks with the collusion of the Fed & Treasury have been running a racket and should be charged under RICO.

Treasury document called $40 billion AIG investment ‘highly speculative’

Racketeering 101: Bailed out banks threaten systemic collapse if Fed discloses information

In a nutshell – the banks want their complete opacity cake and eat it too, or else, the racket goes, the transparency that will somehow promote massive rumor mongering will again destroy capitalism. In the meantime, the Ken Lewises of the world can continue touting how stable their businesses are based on optimistic future projections, while implicitly, they continue to survive merely thanks to the cash granted them by you, taxpayers.

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Tagged aig, disclosure, fed, racketeering, treasury

Backroom deals and bogus returns

Posted on July 23, 2009 by stacyherbert| 65 Comments

Stacy Summary: Good morning @all!! I’ve been balancing California’s budget this morning thanks to @Veritas you can too right here.

Treasury approves three more backroom deals that rip off taxpayer according to watchdog

Hedge fund accused of bogus returns

California: two largest pension funds in US report combined $100 billion loss

Glaxo to make £1 bilion on swine flu vaccination

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Tagged bogus returns, glaxo, hedge fund, treasury

Headlines, Headlines, Headlines – 25 April 2009

Posted on April 25, 2009 by stacyherbert| 25 Comments

Stacy Summary: The Fed to get Treasury bailout? You mean the Fed is a private bank? In the meantime, Latin American & Caribbean nations and provide greater details on their new regional currency, the sucre.