Ben Bernanke, Chairman of the US Federal Reserve bank has been a busy fellow lately. He and his buddy Secretary of the Treasury, Hammering Hank Paulson, have been engaged in financial alligator feeding of the highest order. So far the big bad alligator has consumed several hundred billions of the ...
Archive for April, 2008
Written by admin on April 16th, 2008
Written by admin on April 8th, 2008
Financial Panic 2008
What financial panic you might say? Hasn't the recent Fed actions, lead by Helicopter Ben Bernanke, poured enough taxpayer money, pardon me, that is printing press generated US dollars, into the hands of his Wall Street buddies, to ware off any potential panic?
Nope, afraid not. While the government ...
Written by admin on April 3rd, 2008
Hammering Hank Paulson, the former CEO of Wall Street's largest investment bank, Goldman Sachs, now US Secretary of the Treasury, has proposed new legislation that would be the greatest Wall Street reform act since the Great Depression.
The short take on Mr. Paulson's bank bailout plan is that the Federal ...
