Thursday, January 7, 2010

TWO examples of OBAMA being a PATHOLOGICAL LIAR in one evening! AIG "bailouts" corruption deal done with Tim Geithner TELLING AIG to _HIDE INFORMATION_ from public & SEC in order to EXTORT TAXPAYERS out of BILLIONS of dollars for Wall Street bankers...

 HuffingtonPost.com reporter  Shahien Nasiripour  outlines details of current Treasury Secretary, then President of the NY Federal Reserve Bank Tim Geithner,  INSTRUCTING  AIG  to  WITHHOLD INFORMATION from the SEC and American public, about the true extent of  BILLIONS OF DOLLARS of OVERPAYMENTS to AIG,   HANDED to AIG as "bailouts":    Here is  Dave Sirota's take on President Obama's Treasury Secretary, Tim Geithner,
 An arm of the Federal Reserve, then led by now-Treasury Secretary Timothy Geithner, told bailed-out insurance giant AIG to withhold key details from the public about overpayments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs.
The sordid tale unfolds in a series of e-mails between the company and the New York Fed obtained by Rep. Darrell Issa (R-CA), the ranking member of the House Committee on Oversight and Government Reform, and first publicly disclosed by Bloomberg News. http://www.huffingtonpost.com/2010/01/07/geithners-new-york-fed-to_n_414449.html 

   TELLING AIG executives, to HIDE  details from the SEC of DOLLAR-for-DOLLAR BAILOUTS for the failed and fraudulent AIG's  derivative & "naked CDO's"  credit default losses.
AIG  was getting DOLLAR-for-DOLLAR  BAILOUTS extorted out of American taxpayers - with the cooperation and even encouragement of  "the bankers go-to guy for insider corruption,"  Tim Geithner - for PURE CASINO GAMBLING BET LOSSES AIG, Golddamn-Sachs, and other financial companies made, on "derivative" deals where the hedge-funds often had NO STAKE in the stocks they were shorting.
  And all of this had THE STAMP OF APPROVAL of PRESIDENT OBAMA, who selected Geithner to be his Treasury Secretary, and CONTINUES TO APPROVE of MASSIVE FINANCIAL FRAUD in the financial markets, and MASSIVE THEFT from American taxpayers.
http://www.openleft.com/diary/16834/geithners-fed-told-aig-to-hide-sweetheart-deals-from-sec-thus-i-repeat-geithner-must-be-fired
 
  Treasury Department provides an offensive, propaganda response to the new, latest  Treasury Secretary Geithner scandalous news -
by: Chris Bowers,   OpenLeft.com  
Thu Jan 07, 2010  scandal -   
 http://www.openleft.com/diary/16836/offensive-response-from-treasury-department-on-new-geithner-scandal