30 votes

Fed and Treasury Irate at NY Bank Regulator's Vulgar Display of Public Diligence with Standard Chartered

Spitzer: If they shut me up, who'll take my place?

Lawsky: I will

The NY Banking regulators clearly do not understand the regulatory 'hands off' philosophy of Treasury and the Fed towards the pampered princes of finance and the privileged few.

This was supposed to have been privately settled amongst gentlemen with a gentle wristslap and a thorough coverup.

And of course this exposes the Federal government and their financerati as utter hypocrites, especially when they are stoking the fires of conflict.

Only the little people are meant to suffer for their country. For the favored few, everything is just another law-bending, money making opportunity.

Some of the wording in this is priceless, especially considering the extent of what the Bank had done and with whom.

I won't be holding my breath for the US regulators to clean up their own manipulated markets and privileged insiders. It might muss someone's ruffled sleeves and Presidential cufflinks.

http://jessescrossroadscafe.blogspot.fr/2012/08/fed-and-trea...




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

when is a old rich resentful bastard going to die and give

the liberty movement billions to spend on the truth rather than lies

"Let me issue and control a nation's money and I care not who writes the laws."
- Mayer Amschel Rothschild

"give me control of my own permaculture and I care a lot about what makes law"

-Permaculture Republican

I'm glad someone is shaming the Feds by example

And it just goes to show you that although the Federal government is stuffed to the gills with evil and corrupt bastards, they are still human and are therefore perfectly capable of bringing themselves down by getting angry when someone else does the right thing - hauling these criminals in - making the Feds look like they are *totally* in bed with the banks. And when the Feds get mad it only makes them look even *more* like banker tools.

So folks, thank your lucky stars that none of us are perfect...it keeps the Overlords from being invincible.

Do we have a candidate?

"Sources familiar with the matter told Reuters that the New York regulator Benjamin Lawsky had angered officials in Washington at the U.S. Treasury Department and Federal Reserve by going it alone."

Anyone know about Mr. Lawsky? If he's as honest as it seems, he needs to run for office.

God grants liberty only to those who love it, and are always ready to guard and defend it. – Daniel Webster