architect bought huge amounts (1); key architect (1).
Jesse's Café Américain Mon 2010-04-19 15:19 EDT
A developer (Goldman) built houses that looking good, but were firetraps, using plans provided by an architect (Paulson). They were sold as being to code with certain characteristics represented and endorsed by the building inspectors (Ratings Agencies).After the sale, the developer and the architect bought huge amounts of fire insurance on the homes from a friendly insurance agent (AIG London)...
Fri 2010-03-19 20:28 EDT
I've seldom seen so much rubbish written by people who ought to know better in a single day...The campaign to defend Geithner and Emanuel, both architects of the administration's finance friendly policies has gone beyond what most people would see as spin into such an aggressive effort to manipulate popular perceptions that it is not a stretch to call it propaganda. This strategy, of relying on propaganda to mask their true intent, has become inevitable, given the strategic corner the Obama Adminstration has painted itself in. And this campaign has become increasingly desperate as the inconsistency between the Adminsitration's ``product positioning'' and observable reality become increasingly evident...
Empire Continues; naked capitalism; striking; Team Obama Propaganda Campaign Reaches Fever Pitch.
Wed 2009-12-16 12:39 EST
The architect of America's banking bailout has revealed for the first time the chaos behind the scenes at the US Treasury during the creation of the controversial $700 billion (>>425 billion) Troubled Asset Relief Program (Tarp).
naked capitalism Tue 2009-12-08 18:26 EST
...If the government allows massive carbon derivatives trading with as little oversight as over the CDS market, taxpayers will end up spending many trillions bailing out the giant banks and propping up the economy when the carbon market bubble bursts...(1) the giant banks will make a killing on carbon trading, (2) while the leading scientist crusading against global warming says it won't work, and (3) there is a very high probability of massive fraud and insider trading in the carbon trading markets.
Blythe Masters; capped; carbon derivatives; center; Guest Post; invented credit default swaps; key architect; naked capitalism; trading; Woman.
