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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsElizabeth Warren was right: The links between Citigroup and government run deep
12/16/14
Washington's version of Six Degrees of Kevin Bacon is much less exciting than everybody else's. It's called One Degree of Citigroup, and it's not much of a game since so many economic policymakers has worked at the banking behemoth.
It's exactly the point Elizabeth Warren made in a big speech last week, expressing anger with Citigroup and other big banks were able to weaken a key Wall Street regulation in the new government spending bill....
http://www.washingtonpost.com/blogs/wonkblog/wp/2014/12/16/elizabeth-warren-was-right-the-links-between-citigroup-and-government-run-deep/
blkmusclmachine
(16,149 posts)Roland99
(53,342 posts)And guess who signed G-L-B while President? Slick Willie.
The Road to Thermo Global Banking Meltdown Was Paved On June 25, 1998
http://wallstreetonparade.com/2012/06/the-road-to-thermo-global-banking-meltdown-was-paved-on-june-25-1998/
Mr. Weill Goes To Washington
The politics and the impact of Sandy Weill's creation of Citigroup, the first full-service superbank, and the repeal of the Glass-Steagall Act that stood in his way.
http://www.pbs.org/wgbh/pages/frontline/shows/wallstreet/weill/
daleanime
(17,796 posts)WillyT
(72,631 posts)Dustlawyer
(10,495 posts)America has in its government! These pest are particularly bad, they eat up all of your money and are hard to exterminate since they are immune to our laws!
1StrongBlackMan
(31,849 posts)Why do we have so many Bankers in government ... We need more plumbers/doctors/engineers regulating the banks!
polynomial
(750 posts)These banking guys seem to be building a modern version of a Pipeline to shove money through the system to each other
It appears any new Jobs program is just a bunch of Du ers bitching about the Weasel Willie era.
Perhaps Clinton should go around America asking for forgiveness. Yes being cynical here, didnt think anyone could one up the Bush family in sacking the treasury. But something lurks in the background, are they friendly spirits just think about it.
Wait a second, anyone read Gerald Posners book Secrets of the Kingdom? The Arabs had an investment in Citigroup years ago and maybe now, just under the radar so as not to create alarms.
You mean the Arabs that famous family close friends to the Bush family already invaded America via the Stock-market and the real-estate market. Through scrubbed records way back when jerking the economy around while Congressional people were falling over each other taking bribes, Yep
The Harvard foundation received millions of dollar in donations from the Bin Laden family. Is that like the inverse of Romney putting his money in the Cayman Islands to hide his money? No, but America had to shoot their renegade family member Osama Bin Laden. Maybe the Arabs will complement the Bush family on that. Oh they did its called 911.
Very cynical with all this mish mash about thieving tax money when will someone have the courage to make these political people disappear into the slammer
closeupready
(29,503 posts)That's actually common knowledge. 6%, according to Wikipedia.
grahamhgreen
(15,741 posts)RiverLover
(7,830 posts)And Citi basically controls our treasury.
And Fox basically controls the minds of 1/3 of the country.
grahamhgreen
(15,741 posts)liberal_at_heart
(12,081 posts)Octafish
(55,745 posts)By delaying millions of foreclosures, HAMP gave bailed-out banks more time to absorb housing-related losses while other parts of Obamas bailout plan repaired holes in the banks balance sheets. According to Barofsky, Treasury Secretary Tim Geithner even had a term for it. HAMP borrowers would foam the runway for the distressed banks looking for a safe landing. It is nice to know what Geithner really thinks of those Americans who were busy losing their homes in hard times.
CONTINUED w VIDEO and links and more letters...
http://washingtonexaminer.com/video-geithner-sacrificed-homeowners-to-foam-the-runway-for-the-banks/article/2502982