"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Tuesday, December 16, 2008

Paulsen is truly shocked, shocked - Evan Bayh wants a posse to hang the bad guys like Madoff from the lamp post.

Wall Street Journal report today ..."Investigators are finding "falsified records" at the investment advisory arm of Bernard L. Madoff Investment Securities LLC, said Stephen Harbeck, chief executive of nonprofit group Securities Investor Protection Corp., which is helping oversee the liquidation Madoff, in an interview."

Senator Evan Bayh (D-Ind) advised Paulson that he needed to be less worried about what the committee thought and more concerned about the reactions of ordinary Americans. “There’s a lot of anger out there. Most people want to hang these wheeler dealers from the nearest lamp post.”

“I couldn’t agree with them more, Senator,” replied Paulson. “I feel the pain of the American people on this one. I can tell you that I was truly shocked, shocked! to discover that there was gambling taking place in the backrooms of Wall Street.”

Oh shit ! that was in September

.... as Stef suggests


Stef said...

This is a Casablanca/ Cluade Raines piss take, right?

Stef said...

you can't fool me, I know what's going on

Stef said...

we're all living in a movie

ziz said...

...and if I knew how to , I'd whistle to keep up my spirits ...

Stef said...

Rains was born in Camberwell, London on November 10, 1889. He grew up, according to his daughter, with "a very serious cockney accent...

now just how much better would Casablanca have been if he'd kept it

(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish