Sunday, May 26, 2013
User: Pass: | Forgot Pass? | Create FREE Account

…do you think it's good or bad pork?

Geithner Yawned at Epic Fraud

Posted by Charles Gasparino, New York Post On July - 15 - 2012 News Politics
Charles Gasparino, New York Post
Tim Geithner had evidence of a financial crime of epic proportion "” so he wrote a memo.That's about the only way you can sum up the then-New York Fed boss' actions several years ago, when he was confronted with fairly compelling evidence that banks under his direct supervision were manipulating Libor "” a key benchmark of global finance.The Libor scandal has become pretty big news, with Barclays ousting its CEO and agreeing to pay a large fine even as it cooperates with civil and criminal law-enforcement authorities now investigating other big...

Read Entire Story: RealClearPolitics - Homepage

Leave a Reply

You must be logged in to post a comment.

    Copyright (c) GoodPorkBadPork 2009-2013, Some Rights Reserved, Best viewed at 1024x768 or higher