Tuesday, 31 July 2012

#TARP GET GEITHNER - Barofsky Hears The White Rabbit!

Heh.  Gerald Celente, you've gotta love the guy ... Mentioned one of the best news sources for real news out there was World Socialist Daily (or that's what we googled!) ... Look what the very first article brought home ... Confirmation David Green Q.C. should hear ... The White Rabbit!

GET TIMOTHY 'GLOBAL FAKE FIAT FRAUD MAFIA' GEITHNER ARRESTED RIGHT AWAY!

Ex-TARP overseer denounces US government cover-up of Wall Street crimes
31 July 2012

In interviews prompted by the publication of his new book (Bailout) on the $700 billion US bank bailout scheme—the Troubled Asset Relief Program (TARP)—the former special inspector general for the program, Neil Barofsky, has denounced bank regulators and top officials in the Bush and Obama administrations for covering up Wall Street criminality both before and after the financial crash of September 2008.

In an interview last Thursday with the Daily Ticker blog, Barofsky accused Treasury Secretary Timothy Geithner of facilitating the banks’ manipulation of Libor, the global benchmark interest rate, when he was president of the Federal Reserve Bank of New York in 2007-2008, prior to his joining the Obama administration. Recently published documents show that as early as 2007, Geithner knew that London-based Barclays Bank was submitting false information to the Libor board to conceal its financial weakness.

Geithner merely wrote to the Bank of England suggesting certain changes in the Libor rate-setting mechanism, but made no public statement and failed to notify regulators at the US Justice Department, the Commodity Futures Trading Commission and the Securities and Exchange Commission, even though major US banks were alleged to be involved in the rate-rigging fraud.

In his interview, Barofsky rejected Geithner’s claims to have acted appropriately. Calling the Libor scandal a “global conspiracy to fix one of the most important interest rates in the world,” the former TARP inspector general said, “[Geithner] heard this information and looked the other way. Geithner and other regulators should be held accountable, they should be fired across the board. If they knew about an ongoing fraud, and they didn’t do anything about it, they don’t deserve to have their jobs. I hope to see people in handcuffs.”

Source:


http://www.wsws.org/articles/2012/jul2012/pers-j31.shtmlTweet
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