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This isn't MY analysis, this is the analysis of Institutional Risk Analytics. If you don't understand who they are, you should - they're one of the most-respected groups out there when it comes to banking system analysis. If they're willing to print something this damning....
Seen in this context, the payments made to AIG by the Fed and Treasury, which were then passed-through to dealers such as Goldman Sachs (NYSE:GS), can only be viewed as an illegal taking that must be reversed once the US Trustee for the Federal Bankruptcy Court for the Southern District of New York is in control of AIG’s operations.
These were not valid contracts as Fed Chairman Ben Bernanke, Treasury Secretary Geithner and Economic policy guru Larry Summers claim, but rather acts of criminal fraud meant to manipulate the capital positions and earnings of financial companies around the world.
Thank you Timmy, thank you Ben Bernanke, thank you Henry Paulson, thank you George Bush and thank you President Obama.
If this is true every one of you needs to go to prison.
Originally posted by daddyroo45
reply to post by MissysWorld
I agree that AIG is criminal in this. So is congress and the former president and president 0. This is a scam and they are still pulling it on us.
This administration is grabbing more and more authority to run private business. Yet they seem to shirk any responsibility for failed actions.
Only our government can have all the authority over the people and no responsibility to the people. Where is our "of the people,by the people and for the people" government?