Fast Facts:
2,200 page report
Repo: think of it as a Pawn Shop
Accounting fraud-sole purpose of inflating value of the company
Dick Fuld (ex-CEO of Lehman Brothers) paid $500 million over 15 years
Ernst and Young (auditors who conveniently looked away)
Regulators at the time of Lehman Brothers fraud and failure (no shock here)
Turbo Tax Timmy Geithner (President of Federal Reserve Bank of NY)
Helicopter Ben Bernanke (Chairman of the Federal Reserve)
18 months have passed since the U.S. Government bailed out AIG with an initial cool $85 billion. FINANCIAL REFORM STATUS: ZERO!!!!!
Tim Geithner is now Treasury Secretary and Ben Bernanke was given another 4 years thanks to the clowns in congress. Meanwhile the fraud, corruption and manipulation persists on Wall Street and our grandchildren continue to be placed in fiscal harms way. GRANDPA is so reaching a boiling point.
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