Secretary Geithner’s Got Some Explaining To Do
Thanks to Mish http://globaleconomicanalysis.blogspot.com/ for the link to this:
“The question we are left with is: Why? What motivated this illegal grab of AIG’s equity and voting rights? Was it desperation in the face of the largest potential collapse in the history of modern finance? Was it unbridled power combined with supreme hubris? Or was it just criminal? The answer to this query resides in the as-yet-hidden files of the Federal Reserve Bank of New York, now subject to a subpoena issued by my office in the federal lawsuit Murray v. Geithner, pending in the Eastern District of Michigan. “
Audit? We don’t need no stinkin’ audit. Pay no attention to the man behind the curtain.