Mish's Global Economic Trend Analysis Tue 2010-05-11 09:03 EDT

Barofsky Threatens Criminal Charges in AIG Coverup, Goldman Sachs Abacus Deal, TARP Insider Trading; New York Fed Implicated

Michael Shedlock

The day that Tim Geithner lands in jail will be a day of celebration. Don't count on it soon or ever, but Neil Barofsky, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), is now threatening criminal charges...

AIG coverup; Barofsky Threatens Criminal Charges; Goldman Sachs Abacus Deal; Mish's Global Economic Trend Analysis; New York Fed Implicated; TARP Insider Trading.

Wed 2009-12-16 12:39 EST

'Sometimes I think, was it real?' The American bailout nightmare - Times Online

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).

American bailout nightmare; Real; Think; time online.

Credit Writedowns Mon 2009-10-26 09:20 EDT

Warren: The middle class ``became the turkey at the thanksgiving dinner"

Below is a YouTube clip featuring Elizabeth Warren, the chair of Congress' oversight panel of TARP (the Troubled Asset relief Program), the bailout started by Hank Paulson and passed by Congress. In it she talks about her fears regarding the lack of real regulatory reform in the world of finance and how this is setting [...]

became; credit writedowns; middle class; Thanksgiving dinner; Turkey; Warren.

Fri 2009-10-23 08:55 EDT

Is Goldman Sachs Evil? Or Just Too Good? -- New York Magazine (2009-07-26)

Joe Hagan

(Goldman Sachs, Financial Times, The Wall Street Journal, Rolling Stone, John Rogers, John Whitehead, AIG, Neil Barofsky, Troubled Asset Relief Program, Morgan Stanley, Hank Paulson, Lloyd Blankfein, John Thain, Lehman Brothers, Standard & Poor's, Tim Geithner, JPMorgan Chase, Jon Winkelried, David Solomon, Richard Friedman, Jamie Dimon, Robert Rubin, Dan Jester, Eric Dinallo, Hank Greenberg, Edward C. Forst, Neel Kashkari, Edward Liddy, Stephen Friedman, Sidney Weinberg, TARP, Joseph --Stiglitz, Lucas van Praag, Frank Suozzo, Mike Morgan, Matt Taibbi, Edith Cooper, Byron Trott, Warren Buffett, Barney Frank, John Thornton, Michael Lewis, Larry Summers, Barack Obama, Rahm Emanuel, Robert Hormats, Eliot Spitzer) Inside Goldman Sachs, America's most successful, cynical, envied, despised, and (in its view, anyway) misunderstood engine of capitalism. [2009-07-26]

2009-07-26; Goldman Sachs evil; good; just; New York magazine.