Tim Geithner gets subpoenaed over Lehman Brothers / JP Morgan case.Submitted by Bob-45 on Mon, 02/20/2012 - 17:32
The Triumvirate of Wall Street/ the Fed/ and US Politicians is Crumbling Pt 2
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Submitted by Phoenix Capital Research on 02/17/2012 13:41 -0500
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Months ago, I warned that a tsunami of litigation was going to be coming to Wall Street and Washington. At the time I noted that Goldman Sachs CEO Lloyd Blankfein had recently hired a mega-defense attorney, as well as the fact that the Fed had gone into damage control mode (staging town-hall meetings, opening itself up to Q& A sessions, defending its actions to Congress, etc.).
I also noted in a recent article that the triumvirate of Wall Street/ the Fed/ and US Politicians would be crumbling in the future as these three groups tried to shift the blame for what happened during 2008 from one to another in an attempt to divert public outrage.
Indeed, the only reason this process hasn’t already reached a fever pitch is because the benefits of not talking for most of those who were in on the corruption still outweigh the consequences of keeping their mouths shut.