"I'm a fiscal hawk and I'm a big hawk on bank capital." - Tim Geithner being interviewed by Kramer the Klown on CNBC just moments ago (transcript, video).
You mean like when you were head of the New York Fed, charged with Wall Street oversight, from 2003 - 2007 and you allowed all the TBTF banks to run wild with near-infinite leverage and bogus assets, Timmy?
He also says there is "no chance" Europe will have a Lehman event. Hmmm... what was the last thing Geithner said there was no chance of? Oh yeah, that's right. The U.S. being downgraded.
9.14.2011
Subscribe to:
Post Comments (Atom)
-
Body Count goes to Vegas! Ernest Scherer III was a Vegas loser who fancied himself a professional poker player. Doesn't that photo tell ...
-
UPDATE: Edited to remove the guy's name. I hope nobody harasses him or his employer. He was good-natured and his sign was innocuous a...
CalPERS Fail
Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...
1 comment:
Timmy can't even deal with being bald, hence the dead squirrel he wears on his head all the time.
Post a Comment