If the NY Federal Reserve Bank is the "fire station" of financial system, how did they not smell the fire?As President of the NY Federal Reserve Bank, Timothy Geithner had direct regulatory oversight of the financial institutions that collapsed or nearly collapsed. Asked by Rose about the Barofsky book and the suggestion that he was too close to the banks as a result of his time heading the New York Federal Reserve,... | |
Phone logs show that Geithner hops right on the phone with Wall Street CEOs after every conversation he has with the President.
Timothy Geithner was already in Obama pocket.
The FED is the fire, not the fire station. In 1913 Woodrow Wilson lit the match and it's been burning ever since using the American people for fuel.
Because New York City is probably the most Liberal area on the Planet today. Liberals think that crap smells like roses. So, how can they ever smell smoke!
Geithner the fiireman hosed us!
Because they were in the pockets of the hedge funds--including Bain Capital.
They actually are roasting marshmallows
