Wednesday, April 29, 2015

Thank God We Saved the Banksters, But Why?, Cont.

UPDATE:  Get a job at the U.S. Treasury, use the treasury to bailout the Banksters, and then retire from government and the Banksters hire you for an obscene salary. 

And they call it 'public service'.

Read the Washington Post, Ben Bernanke scores another Wall Street payday, which notes that this is "yet another example of the revolving door between Wall Street and Washington. Just to name a few, former Treasury Secretary Timothy Geithner has joined the private equity firm Warburg Pincus, former Fed governor Jeremy Stein has enlisted with the hedge fund BlueMountain Capital Management, and former Office of Management and Budget chief Peter Orszag has jumped on board with Citigroup." 

"The Federal Reserve lent billions to rescue banks during the financial crisis, but it has done little to help American taxpayers." Read The New York Times, The Rescue That Missed Main Street.

The 'low-down, no-good godawful' bailout worked (for the banksters).

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