What wall-street really fear

kaciara

kaciara

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Wall Street is scared, and it has nothing to do with the investigation by the Financial Crisis Inquiry Commission, the congressionally mandated committee led by former California State Treasurer Phil Angelides that is looking into the root causes of the 2008 financial meltdown. At the committee’s first hearing last week, after the CEOs of Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Bank of America were forced to swear they wouldn’t lie, I heard one of the committee members admit the probing questions he would be sending the heads of these firms would not be from his staff of crack investigators but from The New York Times.

more...

http://www.thedailybeast.com/blogs-and-stories/2010-01-18/what-wall-street-really-fears/
 
kaciara said:
Wall Street is scared, and it has nothing to do with the investigation by the Financial Crisis Inquiry Commission, the congressionally mandated committee led by former California State Treasurer Phil Angelides that is looking into the root causes of the 2008 financial meltdown. At the committee’s first hearing last week, after the CEOs of Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Bank of America were forced to swear they wouldn’t lie, I heard one of the committee members admit the probing questions he would be sending the heads of these firms would not be from his staff of crack investigators but from The New York Times.

more...

http://www.thedailybeast.com/blogs-and-stories/2010-01-18/what-wall-street-really-fears/
Click to expand...


Rob the pension funds and rob the taxpayer,invest in risk free income at expense of mugs= god's work = schmocks

http://www.thedailybeast.com/blogs-...l-streets-dirty-little-secret/?obref=obinsite
 
Fed Worked to Keep AIG Deal Details Quiet

Federal Reserve Bank of New York officials scrambled to do damage control in the days after their $180 billion rescue of American International Group in September 2008, including an effort to control information by asking AIG to run significant outside communications through the Fed's outside counsel.

The damage control effort is revealed in e-mail between an in-house New York Fed lawyer, its outside counsel, a partner in charge of the restructuring practice at Davis Polk Wardwell, and other New York Fed and Treasury officials.

more

http://www.forbes.com/2010/01/25/aig-treasury-fed-business-wall-street-bailout.html
 
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