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Paulson says he pressured Bank of America CEO
AP/YahooNews ^
| 7/16/09
| ANNE FLAHERTY
Posted on 07/16/2009 7:54:46 AM PDT by Kartographer
Former Treasury Secretary Henry Paulson says he pressured Bank of America last year to go through with its plans to buy Merrill Lynch but didn't tell the bank's chief to hide losses from shareholders.
(Excerpt) Read more at news.yahoo.com ...
TOPICS: Business/Economy; Crime/Corruption; Government
KEYWORDS: bofa; fed; merrilllynch; paulson
To: Kartographer
This is actually an admission. Paulson is backtracking to limit the personal damage to himself.
2
posted on
07/16/2009 7:56:43 AM PDT
by
Rapscallion
(There are maggots, bot flies, nematodes, and pinworms...then there are liberals.)
To: Kartographer
The first tiny bit of truth slips out ... now as the late Paul Harvey said, let’s have the rest of the story.
3
posted on
07/16/2009 7:57:17 AM PDT
by
mgc1122
To: Kartographer
So what are they going to do about it? !
4
posted on
07/16/2009 7:57:54 AM PDT
by
timestax
(CNNLIES..BIG TIME)
To: Kartographer
Is that legal? Finance law is almost incomprehensible to me.
5
posted on
07/16/2009 7:58:34 AM PDT
by
domenad
(In all things, in all ways, at all times, let honor guide me.)
To: Kartographer
When you give power to the very same people that were part of the meltdown you just insure that some of this shi@ will just increase. This is the method that King Obama is using to destroy the capitalistic system that made America the leader of the World. His entire cabinet is fill with the same crappy nitwits.
6
posted on
07/16/2009 8:00:56 AM PDT
by
Logical me
(Oh, well!!!)
To: Kartographer
Love the poster, original. The wording needs something a little more fascist. Dig the poster though.
7
posted on
07/16/2009 8:01:37 AM PDT
by
VicVega
(Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
To: Kartographer
That was under the Bush admin, they hit lead off in the latest edition of the fascist takeover.
8
posted on
07/16/2009 8:05:20 AM PDT
by
BGHater
(Insanity is voting for Republicans and expecting Conservatism.)
To: domenad
Al Gore and Henry Paulson have a business together that will benefit substantially with the Cap and Trade Bill. Do you think any of these jack aprons care if anything is legal as long as they profit?
Our system of Government is great, Its the people in power that are corrupt and need to be replaced.
9
posted on
07/16/2009 8:05:54 AM PDT
by
VicVega
(Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
To: timestax
“So what are they going to do about it? !”
Nothing
10
posted on
07/16/2009 8:07:49 AM PDT
by
stephenjohnbanker
(Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
To: VicVega
How about this?
11
posted on
07/16/2009 8:13:11 AM PDT
by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
To: Logical me
This is the method that King Obama is using to destroy the capitalistic system
Sorry, the capitalistic system is destroying itself.
Take a look at the number of Goldman Sachs pukes running around D.C., and the how everyone "who's too big to fail" gets a bailout (pity WE don't qualify, oops, we have to pay for it). Large corporations are lining up at the trough (G.E. and IBM with green B.S., Goldman Sachs with cap-and-trade, every large pharmaceutical company, insurance company and medical provider with health care reform).
This is the very definition of fascism, because private industry IS being taken over (or at least greatly directed) by the government with nary a whimper. In fact, instead of fighting it, the lazy bastards are WELCOMING it!
I don't for one second believe the "too big to fail" crap about these financial institutions. Let 'em fail and we'll pick up the pieces. I just don't believe it could've made anything worse than it is now.
12
posted on
07/16/2009 8:14:16 AM PDT
by
BikerJoe
To: BikerJoe
They are destroying Free Enterprise. I do not like the term Capitalism, because it is a Marxist term.
13
posted on
07/16/2009 8:17:15 AM PDT
by
Mark was here
(The earth is bipolar.)
To: Kartographer
It’s a great illustration. It captures what this administration is doing to us each and every day with the help of the democratic congress and their rino comrades.
The Czars, ACORN (now Community Organizations International), ACLU, American Communist Party, Moveon.org, Soros, to name a few. All of these organizations out to ruin the United States.
An every day assault on the american people and the wording should reflect just that. Something more fascist, something more “in your face”.
We are being forced to accept everything Washington passes.
14
posted on
07/16/2009 8:27:56 AM PDT
by
VicVega
(Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
To: VicVega
The real on going Obama Cap and Trade plan!
15
posted on
07/16/2009 8:36:03 AM PDT
by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
To: Kartographer
Now that definitely captures C & T!
16
posted on
07/16/2009 8:40:49 AM PDT
by
VicVega
(Join Jihad, get captured by the US and resettled in the best places in the world. I love the USA)
To: stephenjohnbanker
17
posted on
07/16/2009 2:50:30 PM PDT
by
timestax
(CNNLIES..BIG TIME)
To: timestax
CNN Bible “Michael Jackson arose on the third day, sitted at the right hand of Bono.”
18
posted on
07/16/2009 4:00:27 PM PDT
by
stephenjohnbanker
(Pray for, and support our troops(heroes) !! And vote out the RINO's!!)
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