Thursday, February 09, 2012
1. NYT reveals Obama administration is allowing the big banks to repeatedly break the law
 
2. Why all the government's bailouts, tricks, and manipulations are guaranteed to fail in the end
 
3. Forget mortgages... This could be the next HUGE bank scandal
 
1. Richard Russell: This could be 2012's "market moving" event
 
2. Porter Stansberry: These facts show the "End of America" is coming
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
New report reveals Feds forced Bank of America to keep quiet on boondoggle
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Thursday, April 23, 2009
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From Forbes.com:

A new report by the New York Attorney General says that government officials bullied Bank of America Chief Ken Lewis into accepting a merger with Merrill Lynch--then ordered him to keep mum about losses at Merrill.

What's at stake? The integrity of the government's bailout actions, for one. Federal Reserve Chairman Ben Bernanke's reputation, for another. And of course Lewis' job.

Thursday, New York Attorney General Andrew Cuomo released documents charging that in December former Treasury Secretary Henry Paulson...

Read full article...

Classic Crux posts on the boondoggle:

Jim Rogers slams Washington: "They're making it worse"

Former Treasury Secretary is either stupid or criminally negligent

Hank Paulson is either stupid or criminally negligent, Part II

Topics: Banks | Bailout | Boondoggle
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