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Sunday, March 14, 2010

The Video That Will Put Geithner Behind Bars http://www.alternet.org/economy/146026/the_video_that_will_put_geithner_behind_bars_

The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets.Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”In other words, they cooked the books.

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