It appears Cuomo has managed to get the bonuses documents from Arrogant Incompetent Giant that Treasury Secretary Geithner was clueless about. Or so he says. Congress should make AIG give back every freaking dollar and close their doors. The backward logic of retaining any employee to help fix the screw up they created […]
In September 2008, when Hank Paulson was running around the capital with is 3 page memo on how to save Wall Street and yelling the sky is falling, Congress never bothered to connect the corporate dots of greed. It obviously never dawned on any of our over paid, pandering members of Congress to […]
The crystal ball in my head has instructed me to share its opinion on how the final month of a pretentious Bush Administration contributes to the destruction of the America we knew. Our memories will fade and American History will put spin on the story from the vantage of some future historian who […]
Premier of Iraq Is Quietly Firing Fraud Monitors By JAMES GLANZ and RIYADH MOHAMMED
BAGHDAD — The government of Prime Minister Nuri Kamal al-Maliki is systematically dismissing Iraqi oversight officials, who were installed to fight corruption in Iraqi ministries by order of the American occupation administration, which had hoped to bring Western […]
In September when it was announced that AIG was in big trouble, Paulson set the wheels in motion for the $700 billion dollars bailout. AIG received an $85 billion commitment from the government and the taxpayer would pay for their screw up. Apparently the event was so stressful for AIG CEO’s, felt they […]
By a vote of 74-25, the Senate just approved the revised version of the $700 billion Wall Street rescue bill rejected Monday by the House.
The bill now heads to the House for a vote, likely on Friday. Some of the revisions included in the Senate bill were designed to win […]
I really don’t know if I am tired of every one throwing amount the wrong term “bailout” or the Americas stupidity on how the economy works. While many believe that the bailout is about Wall Street the true fact is this is a “credit market” crisis. Which is a far cry from the […]
World reaction to the historic Wall St fall For Stocks, Worst Single-Day Drop in Two Decades US bail-out rejection stuns markets
John Terrett, Al Jazeera’s correspondent in New York, said “I’ve never seen anything like this before.
IN DEPTH The US bail-out package
“We’re seeing quite literally shocking scenes on […]
Business as usual for US arms sales By Frida Berrigan
The chief executive officer of a weapons manufacturer has plenty of chances to rub elbows with deputy secretaries of defense, officials from Homeland Security, retired military personnel, and the best and brightest of the defense establishment almost any week of the year.