A judge in Argentina has ordered the arrest of Credit Suisse executive and former U.S. Treasury Undersecretary David Mulford because he failed to testify over a 2001 Argentine debt swap, the state news agency reported on Monday.
Federal Judge Marcelo Martinez de Giorgi will ask Interpol to issue an international arrest warrant seeking Mulford's extradition for questioning over the bond exchange carried out by the government in an unsuccessful bid to avoid default.
Mulford, who currently serves as vice chairman international of Credit Suisse Investment Bank, was seen as one of the debt swap's architects when he served as a senior official at
Showing posts with label U.S. Treasury Department. Show all posts
Showing posts with label U.S. Treasury Department. Show all posts
Friday, September 7, 2012
INTERPOL: Judge Orders Extradition And Arrest Of Former U.S. Treasury Undersecretary David Mulford
Book em Dano
Friday, December 3, 2010
Goldman Sachs's Emergency Loans From Fed Surpassed $24 Billion Amid Crisis
http://www.bloomberg.com/news/2010-12-01/goldman-sachs-emergency-fed-loans-topped-24-billion-in-crisis.html
Did the SEC change the rules again and I missed it?
What's up with Sachs not reporting these loans?
It's a standard requirement.
God man how many veins where they tappin "us" from?
Goldman Sachs Group Inc., which rebounded from the financial crisis to post record profit last year, was a regular borrower from two emergency Federal Reserve programs in 2008 and early 2009, new data show.
The firm borrowed from the Fed’s Term Securities Lending Facility most weeks from March 2008 through April 2009, data released by the Fed today show. At the peak, Goldman Sachs borrowed $24.2 billion on Oct. 15, which included $18 billion for the firm’s U.S. broker-dealer and $6.2 billion for the firm’s London division, the data show.
In its quarterly filings with the U.S. Securities and Exchange Commission, Goldman Sachs didn’t disclose that it borrowed from the PDCF.
The firm also borrowed from the Term Securities Lending Facility, which offered longer-term funding than the PDCF’s overnight loans
The two largest TSLF loans to Goldman Sachs were $7.5 billion on Dec. 4, 2008, and the same amount on Dec. 31, 2008, the data show.
The firm also didn’t disclose its TSLF borrowing in its quarterly SEC filings, although it provided data on its borrowing to the U.S. Treasury.
Did the SEC change the rules again and I missed it?
What's up with Sachs not reporting these loans?
It's a standard requirement.
God man how many veins where they tappin "us" from?
Goldman Sachs Group Inc., which rebounded from the financial crisis to post record profit last year, was a regular borrower from two emergency Federal Reserve programs in 2008 and early 2009, new data show.
The firm borrowed from the Fed’s Term Securities Lending Facility most weeks from March 2008 through April 2009, data released by the Fed today show. At the peak, Goldman Sachs borrowed $24.2 billion on Oct. 15, which included $18 billion for the firm’s U.S. broker-dealer and $6.2 billion for the firm’s London division, the data show.
In its quarterly filings with the U.S. Securities and Exchange Commission, Goldman Sachs didn’t disclose that it borrowed from the PDCF.
The firm also borrowed from the Term Securities Lending Facility, which offered longer-term funding than the PDCF’s overnight loans
The two largest TSLF loans to Goldman Sachs were $7.5 billion on Dec. 4, 2008, and the same amount on Dec. 31, 2008, the data show.
The firm also didn’t disclose its TSLF borrowing in its quarterly SEC filings, although it provided data on its borrowing to the U.S. Treasury.
Monday, October 25, 2010
Poor America: And this is how you got that way
http://www.cnsnews.com/news/article/debt-has-increased-5-trillion-speaker-pe
Remember when Nancy said this?
Pay as you go, no more putting it on the tab.
Well that's not exactly what happened, is it.
The Senate went out of it's rights of duty, to resurrect the bank bailout, after the House had voted it down.
Not only did they exceed the boundaries of their duty, they also disregarded the voice of "the People".
The banks are once again begging for money, if they don't get it they will die, and even though it's detrimental to the taxpayer, the FED plans on granting their wishes.
People that is our money the FED is using, and what they are using it for is not helping us out.
It's being used to keep the banks afloat.
Well that beast is so dead it stinks.
We cannot keep adding to the deficit, your dollar buys nothing now.
If they add more, it buys less.
When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.
"After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” Pelosi said in her speech from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt
Remember when Nancy said this?
Pay as you go, no more putting it on the tab.
Well that's not exactly what happened, is it.
The Senate went out of it's rights of duty, to resurrect the bank bailout, after the House had voted it down.
Not only did they exceed the boundaries of their duty, they also disregarded the voice of "the People".
The banks are once again begging for money, if they don't get it they will die, and even though it's detrimental to the taxpayer, the FED plans on granting their wishes.
People that is our money the FED is using, and what they are using it for is not helping us out.
It's being used to keep the banks afloat.
Well that beast is so dead it stinks.
We cannot keep adding to the deficit, your dollar buys nothing now.
If they add more, it buys less.
When Rep. Nancy Pelosi (D-Calif.) gave her inaugural address as speaker of the House in 2007, she vowed there would be “no new deficit spending.” Since that day, the national debt has increased by $5 trillion, according to the U.S. Treasury Department.
"After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” Pelosi said in her speech from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt
Friday, September 25, 2009
Battle Brews Over Unused TARP Cash
http://online.wsj.com/article/SB125383359689939119.html?mod=WSJ_hpp_MIDDLTopStories#articleTabs%3Dcomments
The U.S. Treasury Department is discussing ways to keep in reserve some emergency bailout funds even if the Troubled Asset Relief Program isn't extended beyond the end of the year.
The Treasury is considering whether to extend the bailout in order to keep control of a remaining $200 billion. But that decision is complicated by lawmakers who are worried about the increasing national debt, WSJ's Deborah Solomon reports.
.Treasury Secretary Timothy Geithner may opt to extend the program, which expires on Dec. 31. But even if the program isn't extended, officials want to keep at least some of the money that has yet to be committed to any particular program on hand in case financial conditions worsen and the government is forced to step in.
The U.S. Treasury Department is discussing ways to keep in reserve some emergency bailout funds even if the Troubled Asset Relief Program isn't extended beyond the end of the year.
The Treasury is considering whether to extend the bailout in order to keep control of a remaining $200 billion. But that decision is complicated by lawmakers who are worried about the increasing national debt, WSJ's Deborah Solomon reports.
.Treasury Secretary Timothy Geithner may opt to extend the program, which expires on Dec. 31. But even if the program isn't extended, officials want to keep at least some of the money that has yet to be committed to any particular program on hand in case financial conditions worsen and the government is forced to step in.
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