Category Archives: The Geithner Resignation Watch

Bad Meat

Posted on June 19, 2010 by Brian Schuettler

MAD MEAT! How Securitized Lending Collapsed the Financial System, Eric Von Berg (a commercial property mortgage banker and was the President of the California Mortgage Bankers Association during the heat of the market who has been watching “Regulatory Reform” as … Continue reading →

Posted in Secularized Lending, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Global Economy, The Habits of Hedge Funds, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Joy of Being A Bank, The Judeo-Christian Political Coalition, The New American Socialism, The Sorry State Of American Manufacturing, The Suffering Poor, The Summers Exit Watch, The excellent adventures of Ben Bernanke, Time For A New Third Party | Leave a comment

How Carl Levin Got Goldman Sachs’s Goat

Posted on May 1, 2010 by Brian Schuettler

Interview by Paul Smalera, senior editorApril 30, 2010: 3:21 PM ET (Fortune) — At Tuesday’s epic Goldman Sachs hearing, Senator Carl Levin of Michigan led a public grilling of Wall Street not seen by a government panel since the Depression-investigating … Continue reading →

Posted in Goldman: Underwriter or Undertaker?, IT'S ALL ABOUT POWER AND MONEY, Integrity and Responsibility, Is Goldman Sachs Evil?, It Is Nice To Be Part of the Elite!, Naked, Negative Cash Flow, No Bank Is Indispensable, Our phony middle class, Regulatory Failures, Residential Market, Stupid!, Sub-Prime anytime, TARP fruit loops, The American Financial Oligarchy, The Arrogance of Power, The Consequences of Greed, The Financial Elite, The Geithner Resignation Watch | Leave a comment

Wall Street Big Fish Stink From The Head Down

Posted on April 24, 2010 by Brian Schuettler

Obama’s financial reform will fail because all the masters of the universe know how to do is make money. Wall Street’s Big Fish Stink From The Head Down – Robert Lenzner, Forbes

Posted in THEY ARE ALL THE SAME, The American Financial Oligarchy, The Financial Elite, The Geithner Resignation Watch, The Habits of Hedge Funds, The Importance of Strategic Planning, The Intrusion of UNLAWFUL Authority, The Summers Exit Watch, The excellent adventures of Ben Bernanke, Those Quarky Accounting Rules, Time For A New Third Party, Truth In Charity, Who Guarantees the Guarantor?-You Do! | Leave a comment

Larry Summers, Political Hack

Posted on April 17, 2010 by Brian Schuettler

Summers Abandons His Economic Views – Editorial, Wall Street Journal Even when we disagree with Larry Summers, we’ve long thought of him as a better economist than politician. But after reading his nearby letter to the editor, we may have … Continue reading →

Posted in Former Economist, IT'S ALL ABOUT POWER AND MONEY, Political Chaos, Politicians, Prostitutes and Pimps All Rhyme, The Consequences of Greed, The Geithner Resignation Watch, The Summers Exit Watch, Want To Buy A Car? | Leave a comment

Howdy, Neighbor!

Posted on April 10, 2010 by Brian Schuettler

When asked what advice he would give to residents of Ashtabula County Ohio because of cutbacks in official law enforcement budgets, Judge Alfred Mackey said they should: “arm themselves. Be very careful, be vigilant, get in touch with your neighbors, … Continue reading →

Posted in A State of Distress, A Time To Repent, Collateral Damage, Coming Social Unrest, Coup d'etat in America, Greenspan is kind of stupid, Insolvency, Let's Call What It Is - DEPRESSION, Our phony middle class, Patience is a virtue...Delusion is a vice, Political Chaos, Ron Paul Stands Tall, Stress Test Mess, Subsidiarity, TARP fruit loops, The Austrian School of Economics, The Consequences of Greed, The Democrats Blew It Again, The Economics of Schumpeter, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The New American Socialism, The excellent adventures of Ben Bernanke, Those Quarky Accounting Rules, Unemployment Catastrophe, Unindicted Co-Conspiritors, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who owns Congress-Still! | Leave a comment

ECONed: Sic Transit Gloria Americanus

Posted on March 6, 2010 by Brian Schuettler

Richard Smith, a London-based capital markets information technology manager, was kind enough to provide an advance copy of his review for the book ECONned: How Unenlightened Self Interest Undermined Democracy and Corrupted Capitalism by Yves Smith, the author of the … Continue reading →

Posted in A Saturday Break, A State of Distress, Analysis & Commentary, Bilderbergers 1 USA 0, Book Reviews, Patience is a virtue...Delusion is a vice, The Consequences of Greed, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Global Economy, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Suffering Poor, The excellent adventures of Ben Bernanke, Unindicted Co-Conspiritors, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, What Is An Investment Asset?, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still!, “the Greenspan doctrine” | Leave a comment

Does It Make Sense to Resurrect the Glass-Steagall Act?

Posted on February 20, 2010 by Brian Schuettler

In the present system, the more unrestricted the banks are, the more money they can generate “out of thin air,” and the more damage they can inflict upon the wealth-generation process. FULL ARTICLE by Frank Shostak

Posted in A Growing List Of One Term Presidents, A Moral Question - Not A Political One, A Shareholder-Not Just a "Stakeholder", A State of Distress, A Time To Repent, AIG and all that....., Audit the auditors?, Back to the basics, Bank Failures, Banks - Crisis Discussion, Collateral Damage, Consumption Ran the Old Economy, Coup d'etat in America, Figures don't lie but Liars can figure, Negative Cash Flow, No Bank Is Indispensable, Our phony middle class, PANDEMIC, Regulation - the Discussion, Regulatory Failures, The Consequences of Greed, The Democrats Blew It Again, The Financial Elite, The Geithner Resignation Watch, The Importance of Strategic Planning, The Joy of Being A Bank, The excellent adventures of Ben Bernanke, “the Greenspan doctrine” | Leave a comment

What they knew and when they knew it

Posted on January 31, 2010 by Brian Schuettler

“I have to think this train is probably going to leave the station soon and we need to focus our efforts on explaining the story as best we can. There were too many people involved in the deals — too … Continue reading →

Posted in A Growing List Of One Term Presidents, A Moral Question - Not A Political One, A State of Distress, A Time To Repent, AIG and all that....., Audit the auditors?, Bilderbergers 1 USA 0, Coming Social Unrest, Commercial Real Estate Bust, Consumption Ran the Old Economy, Coup d'etat in America, Federal Reserve-Discussion, Having Fun With Derivatives, IT'S ALL ABOUT POWER AND MONEY, Insolvency, Integrity and Responsibility, No Bank Is Indispensable, Obama's Hypocrisy, Our phony middle class, Political Chaos, Political Implications, Regulatory Failures, Ron Paul Stands Tall, Securitization, Stress Test Mess, Sub-Prime anytime, TARP fruit loops, The Arrogance of Power, The Consequences of Greed, The Financial Elite, The Geithner Resignation Watch, The Habits of Hedge Funds, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Judeo-Christian Political Coalition, The excellent adventures of Ben Bernanke, Time For A New Third Party | Leave a comment

Why Obama is Now (finally) Getting Tough on Wall Street

Posted on January 23, 2010 by Brian Schuettler

Originally published at Robert Reich’s Blog For almost a year now, Democratic pollsters have been pointing out how much the public hates the bank bailout and despises Wall Street. But there was no reason for Democratic leaders in Congress or … Continue reading →

Posted in The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Joy of Being A Bank, The Judeo-Christian Political Coalition, The New American Socialism, The Sorry State Of American Manufacturing, The Suffering Poor, The excellent adventures of Ben Bernanke, Time For A New Third Party, US Trade Imbalance, USA Is the New Japan, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

Obama’s Big Sellout

Posted on December 13, 2009 by Brian Schuettler

Barack Obama ran for president as a man of the people, standing up to Wall Street as the global economy melted down in that fateful fall of 2008. He pushed a tax plan to soak the rich, ripped NAFTA for … Continue reading →

Posted in A Growing List Of One Term Presidents, A State of Distress, A Time To Repent, AIG and all that....., Analysis & Commentary, Bilderbergers 1 USA 0, Coming Social Unrest, Consumption Ran the Old Economy, Deflation-Inflation-Stagflation, Devaluation, IT'S ALL ABOUT POWER AND MONEY, Insolvency, Is Goldman Sachs Evil?, It starts with a foundation, Political Chaos, Small Business-Bedrock of America, Small Cap Stocks, Smaller Can Be Better, Socialism, TARP fruit loops, The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Joy of Being A Bank, The Judeo-Christian Political Coalition, The New American Socialism, The excellent adventures of Ben Bernanke, Time For A New Third Party, USA Is the New Japan, Unemployment Catastrophe, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

The Apparatchiks

Posted on November 21, 2009 by Brian Schuettler
Posted in A Growing List Of One Term Presidents, A Picture Is Worth A Thousand Words, A State of Distress, AIG and all that....., Back to the basics, Bilderbergers 1 USA 0, Jacksonian Democracy, Libertarianism - the Debate, Monetary Policy - Discussion, No Bank Is Indispensable, Obama's Hypocrisy, Our phony middle class, Politicians, Ron Paul Stands Tall, Socialism, TARP fruit loops, THEY ARE ALL THE SAME, The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The Economics of Schumpeter, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Judeo-Christian Political Coalition, The excellent adventures of Ben Bernanke, Time For A New Third Party, Unemployment Catastrophe, Unindicted Co-Conspiritors, Wage Deflation, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

The Big Government Boss isn’t going away

Posted on November 21, 2009 by Brian Schuettler

“Hindsight is a wonderful thing,” said Timothy W. Long, the chief bank examiner for the Office of the Comptroller of the Currency. “At the height of the economic boom, to take an aggressive supervisory approach and tell people to stop … Continue reading →

Posted in A Growing List Of One Term Presidents, A Shareholder-Not Just a "Stakeholder", A State of Distress, AIG and all that....., Analysis & Commentary, Coming Social Unrest, Commercial Real Estate Bust, Deflation-Inflation-Stagflation, IT'S ALL ABOUT POWER AND MONEY, Is Goldman Sachs Evil?, It starts with a foundation, No Bank Is Indispensable, Obama's Hypocrisy, Our phony middle class, Political Chaos, Regulatory Failures, Small Business-Bedrock of America, Smaller Can Be Better, Socialism, TARP fruit loops, The Arrogance of Power, The Consequences of Greed, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Habits of Hedge Funds, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Joy of Being A Bank, The New American Socialism, The excellent adventures of Ben Bernanke, Unemployment Catastrophe, Unindicted Co-Conspiritors, Wage Deflation, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still!, “the Greenspan doctrine” | Leave a comment

Break for Companies in Bailout’s Fine Print

Posted on November 14, 2009 by Brian Schuettler

One of the federal government’s most opaque methods for bailing out the banking system allowed a handful of giant institutions to save up to $25 billion on their borrowing costs, a Congressional panel estimated on Friday. Seven companies received about … Continue reading →

Posted in A Growing List Of One Term Presidents, A Shareholder-Not Just a "Stakeholder", A State of Distress, IT'S ALL ABOUT POWER AND MONEY, Is Goldman Sachs Evil?, It Is Nice To Be Part of the Elite!, It starts with a foundation, Obama's Hypocrisy, Political Implications, Prostitutes and Pimps All Rhyme, Socialism, THEY ARE ALL THE SAME, The Arrogance of Power, The Democrats Blew It Again, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Intrusion of UNLAWFUL Authority, The New American Socialism, Unindicted Co-Conspiritors, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

Thinking through central bank independence

Posted on October 25, 2009 by Brian Schuettler

I have a column in Financial Express today on the rationale for independence of the central bank, and how this is operationalised in democracies. The rationale for central bank independence The starting point of modern thinking on monetary policy is … Continue reading →

Posted in Federal Reserve-Discussion, The End of American Capitalism As We Know It? - Discuss, The Financial Elite, The Geithner Resignation Watch, The Habits of Hedge Funds, The Importance of Strategic Planning, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The Joy of Being A Bank, The New American Socialism, The excellent adventures of Ben Bernanke | Leave a comment

Goldman’s Pre-emptive Influence

Posted on October 3, 2009 by Brian Schuettler

An Inside Look at How Goldman Sachs Lobbies the Senate, by Matt Taibbi: …Later on this week I have a story coming out in Rolling Stone that looks at the history of the Bear Stearns and Lehman Brothers collapses. The … Continue reading →

Posted in Coup d'etat in America, IT'S ALL ABOUT POWER AND MONEY, Integrity and Responsibility, Is Goldman Sachs Evil?, It Is Nice To Be Part of the Elite!, Obama's Hypocrisy, Our phony middle class, Political Implications, Regulatory Failures, TARP fruit loops, The Arrogance of Power, The Democrats Blew It Again, The Financial Elite, The Geithner Resignation Watch, The Suffering Poor, Time For A New Third Party, Truth In Charity, Unemployment Catastrophe, Unindicted Co-Conspiritors, We Are All Cooked, We Are All Guilty, We Have Become Beggars To The World, Who Guarantees the Guarantor?-You Do!, Who owns Congress-Still! | Leave a comment

Fed Rejects Geithner Request for Study of Governance, Structure

Posted on September 23, 2009 by Brian Schuettler

Sept. 21 (Bloomberg) — The Federal Reserve Board has rejected a request by U.S. Treasury Secretary Timothy Geithner for a public review of the central bank’s structure and governance, three people familiar with the matter said. The Obama administration proposed … Continue reading →

Posted in Monetary Policy - Discussion, Ron Paul Stands Tall, The Arrogance of Power, The Democrats Blew It Again, The Financial Elite, The Geithner Resignation Watch, The Inherent Disorder of Empires, The Intrusion of UNLAWFUL Authority, The New American Socialism, The excellent adventures of Ben Bernanke, Time For A New Third Party, Unindicted Co-Conspiritors | Leave a comment

What did Hank know and when did he know it?

Posted on September 22, 2009 by Brian Schuettler

And then there was the rate cut the next morning. And anyone who was privileged enough to have gotten that information on Thursday afternoon was able to make a huge profit. It was clear that someone knew about the Fed’s … Continue reading →

Posted in The Financial Elite, The Geithner Resignation Watch, The excellent adventures of Ben Bernanke | Leave a comment

Watching the Fed…Again

Posted on September 21, 2009 by Brian Schuettler

Stocks’ Rise Hinges on Fed And Data New York Times … Investments Advisers LLC in Newark, New Jersey. He said people will closely watch the Fed’s take on what comes for the economy after the rebound. …

Posted in The Financial Elite, The Geithner Resignation Watch, The Inherent Disorder of Empires, The excellent adventures of Ben Bernanke | Leave a comment

Our secret government

Posted on August 29, 2009 by Brian Schuettler

“When an unprecedented amount of taxpayer dollars were lent to financial institutions in unprecedented ways and the Federal Reserve refused to make public any of the details of its extraordinary lending, Bloomberg News asked the court why U.S. citizens don’t … Continue reading →

Posted in IT'S ALL ABOUT POWER AND MONEY, Monetary Policy - Discussion, Patience is a virtue...Delusion is a vice, TARP fruit loops, The Arrogance of Power, The Financial Elite, The Geithner Resignation Watch, The Joy of Being A Bank, The excellent adventures of Ben Bernanke | Leave a comment

More of the same at the Fed

Posted on August 13, 2009 by Brian Schuettler

Fed Interest Rate Path: More of the Same at the August Meeting The Federal Open Market Committee (FOMC) decided at its August meeting to keep its rate targets and most of its credit easing programs unchanged “for an extended period”. … Continue reading →

Posted in The Financial Elite, The Geithner Resignation Watch, The Joy of Being A Bank, The excellent adventures of Ben Bernanke | Leave a comment

Corporate Security

Posted on August 4, 2009 by Brian Schuettler

In light of the recent allegations of trade secrets theft at Goldman Sachs, Ethan S. Burger and Kenneth Gray look at whether corporate security and policy are prepared to handle a “new generation of economic disruption”. Read Goldman Sachs’ Code … Continue reading →

Posted in Is Goldman Sachs Evil?, Management-Discussion, The Arrogance of Power, The Democrats Blew It Again, The Financial Elite, The Geithner Resignation Watch, The Suffering Poor, The excellent adventures of Ben Bernanke | Leave a comment

Some Fear N.Y. Fed Too Influenced by Wall Street – Washington Post

Posted on July 24, 2009 by Brian Schuettler

New York Fed President William C. Dudley served 10 years as Goldman Sachs’s chief economist. (By Kevin Clark — The Washington Post) By Neil Irwin Washington Post Staff Writer Monday, July 20, 2009 NEW YORK — The low-slung cubicles wrap … Continue reading →

Posted in Political Chaos, REITs, The End of American Capitalism As We Know It? - Discuss, The Geithner Resignation Watch, The Importance of Strategic Planning, The Joy of Being A Bank, The New American Socialism, Who Guarantees the Guarantor?-You Do! | Leave a comment

Useful Reports

Posted on July 24, 2009 by Brian Schuettler

How to Turn a Recession Into a Depression – Bill Niskanen, Cato Institute Upgrading Our China Outlook – Wang, Yam & Zhang, Morgan Stanley Weekly Economic & Financial Commentary – Wells Fargo Economics Weekly Economic Report – Diana Furchtgott-Roth, Hudson … Continue reading →

Posted in The Geithner Resignation Watch | Leave a comment

A Colossal Lack of Judgment

Posted on July 22, 2009 by Brian Schuettler

Hank Paulson appeared before the House committee on (Lack of) Oversight and (Prevention of) Government Reform last week to defend his actions in the Bank of America/Merrill Lynch deal. For those of you who haven’t been following along, Bank of … Continue reading →

Posted in A Growing List Of One Term Presidents, AIG and all that....., The Financial Elite, The Geithner Resignation Watch, The excellent adventures of Ben Bernanke, Time For A New Third Party | Leave a comment