Geithner

ShitiBank Appears To Have No Exit Strategy

DEALSCAPE Citigroup Inc. (NYSE:C) apparently doesn’t have an exit strategy to pay back the $45 billion in Troubled Asset Relief Program (TARP) funds the government gave it. Is this really a shocker? Earlier this week, Bank of America Corp. (NYSE:BAC) and Wells Fargo & Co. (NYSE:WFC) both discussed ways to eventually pay back their bailout […]

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Senate Turns Aside New Attempt to Scrutinize Fed

REUTERS Mon Jul 6, 2009 5:59pm EDT WASHINGTON (Reuters) – The U.S. Federal Reserve, facing growing pressure as it tries to heal the ailing economy, dodged a bullet on Monday when the U.S. Senate cast aside a new effort to increase scrutiny of the central bank. On procedural grounds, the Senate blocked a bid to […]

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It’s Goldman Sachs’ Party And They’ll Profit If They Want To

THE GREAT AMERICAN BUBBLE MACHINE ROLLING STONE MATT TAIBBI From tech stocks to high gas prices, Goldman Sachs has engineered every major market manipulation since the Great Depression – and they’re about to do it again The first thing you need to know about Goldman Sachs is that it’s everywhere. The world’s most powerful investment […]

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