Yves Smith on Geithner and Bernanke's Possibly Criminal Roles

-------- Original Message --------

Subject:	FWC: Geithner and Bernanke's Possibly Criminal Roles
Date:	Tue, 16 Mar 2010 09:43:57 -0700
From:	Jas Jain

"Repeat: "Accounting fraud", "collusion", "aiding and abetting." This is strong language from a woman who spent than 25 years in the financial services industry, alternately working at Goldman Sachs, McKinsey & Co., and Sumitomo Bank. Smith typically chooses her words carefully and is not easily given to hyperbole. Yves Smith again: "Here is the part of the report that discussed how the Fed aided and abetted Lehman misconduct:"

http://www.counterpunch.org/whitney03152010.html

 

'Yves Smith, the author of "ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism," wrote on her blog last week. "Its game-playing was in full view."' 

http://www.nakedcapitalism.com/

http://www.nytimes.com/2010/03/16/business/16sorkin.html?partner=rss&emc=rss&pagewanted=print

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Amazingly, some crank was able to see this years ago and said in the same exact terms, no? What Americans don't want to know and the propagandists wouldn't dare to tell, is that only those who are reliably corrupt, and would serve the banking and finance Crooks, are appointed to the Federal Reserve:

http://groups.yahoo.com/group/TheNewForum/message/25976

Greenspan and Bernanke were there to serve the Crooks when the need arose. Geithner was bankers' pick years before Obama, a thoroughly compromised man, picked him to head Treasury. Americans are being ruled by Crooks' agents. And they feel powerless to do anything about it. And they keep voting to give power to Crooks' agents. Desserts of democracy!

Jas



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