I would love to know exactly what those “Doomsday” books say. Can’t be good if they don’t want us to see it. Just the name makes it sound like what powers they have should everything fall apart. I bet they can confiscate any & all things.
Taxpayers and stockholders lost out big on GM just to save union jobs. GM has had record recalls on their vehicles in subsequent years to current with all that good union labor. I think the Volt has all but disappeared when they couldn’t give them away and Dealers don’t want them.
Geithner, as Pres of the NY FED, orchestrated the mega $ billion LOC to NY PD’s (Primary [Private] Dealers) following Bear Sterns. ( See FED Press Releases. )
That Funding was used for Commodities Speculation in oil at “Private (insider) Desks by PD’s. (In effect, the FED funded PD speculation causing the 2008 Gas Bubble.)
An International Fraud Investigation of the London based ENRON Loophole by the Comptroller of the Currency Sept 2008 *, “burst that bubble”. That forced Paulson to change TARP from helping homeowners to bailing out the Margin Calls on the PD’s. ( TARP loans Forced on Commercial Banks was a “Smoke Screen” to cover for the PD’s.)
* I have that e-mail.
Following is a copy.
As you see, the OCC did not know about the FED LOC, how it was used, or who was regulating use of the FED funds, saying they don’t. Earlier, the FED had refused to answer, and an official with the Comptroller General of the FED said, ” We don’t even know what they did with Bear Sternes. “…. much less who’s regulating use of the LOC.
Bill Price
“ On Sep 19, 2008, at 7:06 AM, OCC Alert Responses wrote:
Dear Mr. Price:
Your e-mail is being sent to the Off-Shore Banking & Fraud division (OCC Alert Response). With this response, I am forwarding your inquiry to our Customer Assistance Group, who may be able to direct you to the appropriate entity for response. Please note that the Comptroller of the Currency regulates and supervises financial institutions within the National Banking System. As such, I do not believe that your inquiry is being directed to the appropriate government agency. I do, however, believe that our Customer Assistance Group may be able to provide you with a better-suited contact.
The Customer Assistance Group can be reached as follows:
By Telephone at 1-800-613-6743 (Monday thru Friday 9:00am – 5:00pm CST; Except Major Holidays)
Via E-mail: customer.assistance@occ.treas.gov
To send a written complaint, you may send your signed correspondence to:
Comptroller of the Currency
Customer Assistance Group
1301 McKinney Street
Suite 3450
Houston, TX 77010 USA
Or Via Fax: 713-336-4301”
Libby,
Actually, when the investigation started, the oil bubble burst, gas prices fell, and my objective was met, so I went no further.
Little did I know how the TARP would be used ( to fund London and Swiss Bankers margin calls on the NY PD’s Oil trades), and that the FED LOC to the PD’s (following Bear Sternes) would be the model for QE 2 and 3. (Careful reading of News Reports indicates that QE 2 was initially used to fund payoffs of PD’s high interest TARP loans with low interest, long term QE money.)
October 9, 2014 at 4:04 pm
Bill Price says:
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Are you Kidding?
That would spoil the PARTY.
Just look at all the QE money the PD’s and Pols are sucking up, while Dodd-Frank forces the main-street rabble to dissolution.
BP
I would love to know exactly what those “Doomsday” books say. Can’t be good if they don’t want us to see it. Just the name makes it sound like what powers they have should everything fall apart. I bet they can confiscate any & all things.
Confiscate? They didn’t confiscate AIG.
Given AIG paid all it’s debt, maybe the focus should be on the GM-union bailouts given the taxpayer lost their AZZ on that. Just sayin!
Geithner was wrong, again……
Taxpayers and stockholders lost out big on GM just to save union jobs. GM has had record recalls on their vehicles in subsequent years to current with all that good union labor. I think the Volt has all but disappeared when they couldn’t give them away and Dealers don’t want them.
Geithner, as Pres of the NY FED, orchestrated the mega $ billion LOC to NY PD’s (Primary [Private] Dealers) following Bear Sterns. ( See FED Press Releases. )
That Funding was used for Commodities Speculation in oil at “Private (insider) Desks by PD’s. (In effect, the FED funded PD speculation causing the 2008 Gas Bubble.)
An International Fraud Investigation of the London based ENRON Loophole by the Comptroller of the Currency Sept 2008 *, “burst that bubble”. That forced Paulson to change TARP from helping homeowners to bailing out the Margin Calls on the PD’s. ( TARP loans Forced on Commercial Banks was a “Smoke Screen” to cover for the PD’s.)
* I have that e-mail.
Well, if it’s in an email it must be true!
Libby,
Following is a copy.
As you see, the OCC did not know about the FED LOC, how it was used, or who was regulating use of the FED funds, saying they don’t. Earlier, the FED had refused to answer, and an official with the Comptroller General of the FED said, ” We don’t even know what they did with Bear Sternes. “…. much less who’s regulating use of the LOC.
Bill Price
“ On Sep 19, 2008, at 7:06 AM, OCC Alert Responses wrote:
Dear Mr. Price:
Your e-mail is being sent to the Off-Shore Banking & Fraud division (OCC Alert Response). With this response, I am forwarding your inquiry to our Customer Assistance Group, who may be able to direct you to the appropriate entity for response. Please note that the Comptroller of the Currency regulates and supervises financial institutions within the National Banking System. As such, I do not believe that your inquiry is being directed to the appropriate government agency. I do, however, believe that our Customer Assistance Group may be able to provide you with a better-suited contact.
The Customer Assistance Group can be reached as follows:
By Telephone at 1-800-613-6743 (Monday thru Friday 9:00am – 5:00pm CST; Except Major Holidays)
Via E-mail: customer.assistance@occ.treas.gov
To send a written complaint, you may send your signed correspondence to:
Comptroller of the Currency
Customer Assistance Group
1301 McKinney Street
Suite 3450
Houston, TX 77010 USA
Or Via Fax: 713-336-4301”
And? Was there an investigation?
Libby,
Actually, when the investigation started, the oil bubble burst, gas prices fell, and my objective was met, so I went no further.
Little did I know how the TARP would be used ( to fund London and Swiss Bankers margin calls on the NY PD’s Oil trades), and that the FED LOC to the PD’s (following Bear Sternes) would be the model for QE 2 and 3. (Careful reading of News Reports indicates that QE 2 was initially used to fund payoffs of PD’s high interest TARP loans with low interest, long term QE money.)
Are you Kidding?
That would spoil the PARTY.
Just look at all the QE money the PD’s and Pols are sucking up, while Dodd-Frank forces the main-street rabble to dissolution.
BP