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POPSGovernment Money Club Get free help at the government money club with Matthew Lesko. The Government Money Club offers live help for beginners and expert free grant money needs. Training videos, online examples and more.
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POPSAnil Kumar Mckinsey: Insider Trading, Arrested Anil Kumar Mckinsey: Also accused were Rajiv Goel, who worked at Intel Capital as a director in strategic investments, Anil Kumar, who worked as a director at McKinsey & Co., and IBM Corp. executive Robert Moffat. The former officials at Bear Stearns Asset ... Tags: anil kumar mckinsey, anil kumar insider trading, anil kumar, rajiv goel, rajiv goel intel capital, rajiv goel intel
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POPSSo you think the economy is on the mend. Hate to burst anyone's bubble, but if you have 20 min. then follow the link and learn from Nomi Prins that nothing has changed. If anything the structure that caused the economy to fall has gotten worse.
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POPSObama Taps Bernanke (too big to fail) For Second Term
Bernanke said that if confirmed again by the Senate, he will pursue a “solid foundation for growth and stability” during a second four-year term and promised to work “to restore a more stable financial and economic environment in which opportunity can again flourish.” What’s unstated, of course, is the fact that in reappointing Bernanke, Obama is once again embracing the failed policies of his predecessor in the Oval Office: In re-appointing Bernanke to another four year term as Fed chairman, President Obama completes his embrace of bailouts, easy money and deficits as the defining characteristics of his economic agenda. Bernanke, along with Secretary Geithner (then New York Fed president) were the prime movers behind the bailouts of AIG and Bear Stearns. Rather than “saving capitalism,” these bailouts only spread panic at considerable cost to the taxpayer. As evidenced in his “financial reform” proposal, Obama does not see bailouts as the problem,
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POPSNow this is whats coming !!! Well as the Fed goes so will the country........People, its time to start careing......Things are changing way to fast and in the wrong direction!
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POPSour loss is black rock's gain more at source- you may wanna check out..... it did go on to say.....Confused? you're supposed to be- that's the point of a successful hedge fund, a totally unregulated activity in which very rich people pool theeir $ in order to more effectively rip off the rest of us- and black rock is at the top of that game- managing $1.3 trillion in assets...... yadayada..now if that doesn't make ya want to follow the link here- not sure what would....
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POPSCongress Should Wear T-Shirts with Endorsements Lawmakers should fork over all campaign contributions received from TARP-taking banks. These institutions doled out $114 million in the past year for lobbying and campaign contributions, according to CRP. Add that to the $50 million in AIG bonuses already returned by recipients, and we could put this whole bonus kerfuffle to rest. It turns out the $114 million was money well spent. It bought the banks $295.2 billion in TARP money, a return of more than 258,000 percent. Who needs off-balance-sheet vehicles when the government can provide that kind of return on investment?
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POPSCongress Should Wear T-Shirts With Endorsements With Congress pounding away at Treasury Secretary Tim Geithner and Federal Reserve Chairman Ben Bernanke for more transparency, and New York Attorney General Andrew Cuomo threatening to release the names of the AIG bonus recipients -- an invasion of privacy that has no relevance to anything -- isn’t it time Congress let a little sun shine in?
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POPSThe Role Fraud Played in the Mortgage Crisis... . . . . stunning interview with an industry insider including credit references from their country of origin and a valid Visa. To circumvent this requirement, the applications were marked that the borrower was a US citizen then, regardless if the credit profile did not support such a claim, an underwriter was not allowed to question. This along with use of stolen SS# or use of their American born child’s SS# and lax credit requirements that allowed alternative credit, helped cover the ruse. All required documentation was fraudulent and with the large use of a/k/a’s, information was hard to track. Q) What did management do when it was discovered that a stolen Social Security number was being used by a borrower? A) It was not uncommon to find a SS# being used by up to 23 other people or a borrower with 27 a/k/a’s. Management would often clear a loan that you tagged as fraudulent so it wouldn’t be shelved.
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POPSWho Will Hire Our Bankers? In the last week I've talked to people who think it's a *great* idea to tax away bonuses of anyone working for TARP recipients. 'But what if it causes all the good people to leave?' I ask. 'Wah wah wah. Where will they go?' 'Here's where.'
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POPSAdding Up Total Bailout Tab = $8.8 Trillion In the clip, the top number is Committed & the bottom is Spent. The top section of the clip is a break down of the Gov as Investor & that summary is below (too much to clip): The Government as Investor $4.6 trillion Spent: $921 billion Includes direct investments in financial institutions, purchases of high-grade corporate debt and purchases of mortgage-backed securities issued by Fannie Mae, Freddie Mac and Ginnie Mae.
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POPSThose that helped cause this mess. Once again, UK media looks further than their advertisers to explain the truth. Interesting read. But, just like our "experts", totally ignoring the millions of good paying jobs off shored for higher tax revenues from mega-corporations and cheaper socks for sheeple.
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