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Timothy Geithner admits ‘A stunning, tragic failure’

Posted on Oct 27, 2009 by CHESSNOID in Bailout, Current Events, Economy | 0 Comments

Treasury Secretary Timothy Geithner says the public is right to be outraged about the financial crisis.

NO KIDDING! :grrr:

We are not just outraged about the stupidity of  Geithner but his plans executed with his other financial stooge Bernanke.  They spent TRILLIOINS of dollars on Wall Street Bailouts to pay corrupt executives millions of taxpayer dollars on BANKRUPT companies.   On top of that, they  allowed it to be non-transparent, put no limitations on its use, and can’t justify where this money went.  Why doesn’t the Obama hold any of these financial stooges accountable?

Then they try to implement new financial reforms AFTER we gave the taxpayer money out already almost a year later.  Those companies already got the money so why would they cooperate now when Geithner and Bernanke gave away their leverage tool to negotiate back then?   Can we do anything more backwards???  Why do we have these financial stooges still running these offices?

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