Meanwhile, over at MaxKeiser.com, Max Keiser and his co-host Stacy Herbert explain that Obama is pushing the IDENTICAL, WAR PROFITTEERING policies on America and the world, that Bush & Cheney did - America is now in the GLOBAL FINANCIAL EXTORTION business, using the "war on terror" as cover, for America's ruthless worldwide imperialism, military intimidation (applied terrorism), and the Goddamn-Sachs, JP Morgan, (& etc.) funded 'major media' propaganda and bribery of Congress that enables the relentlessly expanding, SOCIALIZED war & intel apparatus.
Bloomberg: SEC Says Citi Execs Charles Prince, Robert Rubin Knew of Losses on Citi's Assets, without Disclosing Losses to Investors -By Joshua Gallu & Donal Griffin, Bloomberg News, Sept. 9, 2010
[photos - Charles O. "Chuck" Prince, former chief executive officer of Citigroup, & Robert Rubin, former chairman of Citigroup's executive committee testify at a hearing of the Financial Crisis Inquiry Commission in Washington.]
Charles O. “Chuck” Prince and Robert Rubin were among Citigroup Inc. officials who knew 2007 losses were mounting on mortgage assets that U.S. regulators have faulted the bank for not disclosing, a court filing shows.
Prince, the bank’s chief executive officer at the time, and Rubin, who was then chairman, knew the highest-rated segments of subprime mortgage-backed securities were the source of about $200 million in new losses in October 2007, the Securities and Exchange Commission said yesterday in a filing at federal court in Washington. In July, the agency accused the bank and two other executives of failing to disclose $40 billion in subprime assets before losses surged. It didn’t target Prince