Bloomberg is out with another article about the financial collapse. In it they report that former Treasury Secretary Hank Paulson, who was in charge during the collapse, gave insider information to hedge funders. The following alledgedly took place on July 21, 2008 At the Eton Park meeting, he sent a different message, according to a […]
Politico has uncovered some tax troubles for ole’ Glenn: Mercury, a private corporation that lists Beck as chief executive officer and his wife, Tania Beck, alternately as vice president or secretary, since 2007 has fallen behind on its New York City business income taxes and has been cited for filing errors related to its obligations […]
Is Citigroup becoming viable? Citigroup Inc. Chief Executive Officer Vikram Pandit said his bank is having the best quarter since 2007, when it last posted a profit. The shares rose as much as 27 percent and helped spur gains for finance company stocks. “I am most encouraged with the strength of our business so far […]
The collapse got a temporary reprieve: Bear Stearns Cos., teetering on the brink of collapse from a lack of cash, got emergency funding from the Federal Reserve and JPMorgan Chase & Co. in the largest government bailout of a U.S. securities firm. After denying earlier this week that access to capital was at risk, Bear […]
Not my words, but the words of Bloomberg news: McCain More Hawkish Than Bush on Russia, China, Iraq And that thought should send cold shivers down your spine. Hell you should wake up in a cold sweat, screaming in the middle of the night. Just check this out: John McCain is at least as determined […]
To show how seriously Bill Frist is taking the corruption in Washington here is a nice press release: CREW CRITICIZES CHOICE OF SANTORUM TO CREATE SENATE ETHICS PACKAGE Santorum’s Corrupt Behavior Disqualifies Him for Ethics Task Washington, DC – The choice of Senator Rick Santorum (R-PA) this week to head the ethics charge in the […]
The CEO of Diebold has immediately resigned from the company according to Raw Story: The chief executive officer of voting rights company Diebold who once famously declared that he would “deliver” Ohio for President Bush has resigned effective immediately, RAW STORY has learned. “The board of directors and Wally mutually agreed that his decision to […]