Posted on 07/16/2009 1:50:27 PM PDT by Kartographer
Former Treasury Secretary Henry Paulson misled Congress and along with Federal Reserve Chairman Ben Bernanke looked the other way as major mistakes were made at Bank of America (BAC) even as the government was preparing a $20 billion aid package for the firm, U.S. lawmakers charged Thursday.
(Excerpt) Read more at money.cnn.com ...
I think there is a non accountability clause in TARP, in short, Paulson’s stealing to save and add to his fortune, is not punishable. But then the head on a pike looks more appealing every day.
I’m surprised that when the gentleman calls her Ma’am that Boxer does not rebuke him like she did a brigadier general…call me Senator!!!!
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