http://market-ticker.denninger.net/archives/1906-AIG-and-NY-Fed-Whos-Involved.html
There is a big rush on now to have Bogus Ben reconfirmed for his position as head of the FED.
The vote is set to be cast tomorrow in spite of the turbulent weather of fraud and coercion accusations that seem to be growing daily.
The hand holding that can actually be seen deserves to be delved into with the highest scrutiny.
Bogus Ben's scent left at the scene of the crime is still found lingering in the air.
Collusion at this time seems to be a very strong point that can't be ruled out, and until it is, Bogus Ben's position should NOT be voted on for reconfirmation.
lest Congress wishes themselves to be seen as willing participants in the collusion, and cover up of the fraud that has now reared it's ugly head
Things like this are a tad hard to rebury, Hank worked very hard to make sure that you'd never see what the makeup of "the real deal was"
•It appears that The Fed was neck-deep in all of this - Zerohedge published an article which appears to document that Soc Gen had pledged reference securities at the Fed Discount Window that had a value of 49 cents on the dollar, probably without a material haircut! In other words this French firm was funding itself with money from our Federal Reserve with securities pledged at "par" that were in fact worth less than half and for which the taxpayer was on the hook for.
