Saturday, June 25, 2016

Washington Post allows Goldman Sachs' Hank Paulson to lie to readers

"...The only reason we avoided another Great Depression was because Republicans and Democrats joined together to vote for the Troubled Asset Relief Program — a vote that they knew would be politically unpopular but in the best interest of our country.

TARP wasn't the only reason, 
as a bunch of other Federal Reserve provided liquidity 
was provided under his and Robert Steel's oversight

Critical to that effort was the leadership of President George W. Bush. As I led Treasury’s efforts to fashion a difficult, imperfect, controversial but essential solution with bipartisan support, I was — and still am — grateful to have had President Bush at the helm."

We have in many ways humiliated ourselves as a nation
with some of the problems that have taken place here

Henry Paulson

Henry M. Paulson Jr. is chairman of the Paulson Institute and a former U.S. treasury secretary and chief executive of Goldman Sachs.
"Wachovia Corp – #14 recipient of Fed’s “secret liquidity lifelines” which Hank Paulson just lied about in the Washington Post, which allowed his undersecretary Robert Steel to illegally trade Wachovia stock on inside information

An Open Letter to Wachovia and Wells Fargo Current and Former Shareholders

ROBERT K. STEEL and the President's Working Group

Goldman Sachs, Wells Fargo, Wachovia and Perella Weinberg Story

3/5/09; Why would the Federal Reserve decline to disclose the values of collateral for more than $1.9 trillion lent to financial institutions?;

The Fed refused yesterday to disclose [the current market values] … of more than $1.9 trillion of emergency credit from U.S. taxpayers  and the assets the central bank is accepting as collateral

Fed Chairman Ben S. Bernanke and then Treasury Secretary Henry Paulson said in September they would meet congressional demands for transparency in a $700 billion bailout of the banking system

Bloomberg Via Mish Shedlock
3/17/09; Paulson, Buffet and Geithner

The following occured on John White's watch at the SEC; Forwarded to Michael Mashburn, SEC and Daniel Stefek, FINRA- both of whom recieved NC Securities Division File No. 12 SEC 84, in late June, who spoke with George Hartzman during the second week of July

1/16/13; Rolling Stone's Matt Taibbi "Secret and Lies of the Bailout"

On December 8, 2011, I became a participant in an investigation of what looked like fraud on Wachovia's shareholders

New Perella Weinberg CEO Robert Steel's Securities Fraud and Insider Trading at Wachovia

Jamie Dimon pulls a Robert Steel

Bank of America's Brian Moynihan Insider Trading and Securities Fraud