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Keyword: bigbanking

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  • John Boehner's "GobGop" Plan to Sell Out the Tea Party in 2013. It Will Begin in January 2011.

    11/06/2010 9:38:01 PM PDT · by Tolerance Sucks Rocks · 61 replies
    Gary North's Specific Answers ^ | November 6, 2010 | Gary North
    First, you must understand that Boehner is a GobGop: a Good Old Boy of the Grand Old Party. The GobGops' goal is to keep the present system funded by the Bigs: Big Business, Big Pharma, Big Oil, and Big Banking. If you do not understand this, then you are as naive as a Democrat who thinks Obama speaks for The Common Man.Boehner shilled for Hank Paulson and Goldman Sachs by begging the Republicans to vote for the $750+ billion Big Bank Bailout in 2008. Watch his emotional performance here. "We just have to do it!" No, they didn't. Ron Paul...
  • McCain sees irony in Paulson reforms (McCain attacks Paulson, Bush) ("We were all misled")

    03/01/2010 5:02:38 AM PST · by rabscuttle385 · 20 replies · 615+ views
    Politico ^ | 2010-03-01 | Patrick O'Connor
    As the Republican presidential candidate in the fall of 2008, Arizona Sen. John McCain had more power than anyone to upend the Wall Street rescue package. But McCain now feels duped by former Republican Treasury Secretary Henry Paulson. “We were all misled,” McCain said Sunday on NBC’s “Meet the Press,” speaking of Paulson. “What did he do? He started pumping money into the financial institutions. Now the financial institutions are fine — Wall Street’s doing great. Main Street is in deep trouble.” Paulson and other former Bush administration officials told Congress at the time that the $700 billion lawmakers approved...
  • Talking Shop With a ‘Vulture’ Investor [unnamed]

    02/28/2009 4:30:36 AM PST · by TigerLikesRooster · 8 replies · 666+ views
    New York Magazine ^ | 02/27/09 | Hugo Lindgren
    Talking Shop With a ‘Vulture’ Investor 2/27/09 at 3:20 PM In the financial industry, there used to be a niche specialty called "distressed investing." Some called these folks vultures, because in the aftermath of a collapse, they would go swooping in to buy up the wreckage on the cheap. That's not much of a specialty anymore — the state of the market means we're pretty much all vultures now. But we thought we could get some perspective by getting in touch with an old friend who is on the front lines — he trades at one of the most established...