http://patdollard.com/2009/04/financial-crisis-far-from-over/ The War Starts Here Tue, 24 Nov 2009 01:31:32 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://patdollard.com/2009/04/financial-crisis-far-from-over/#comment-428134 Sully Wed, 08 Apr 2009 14:43:34 +0000 http://patdollard.com/?p=67786#comment-428134 FOX Business News is the only org pushing Treasury for details. Liquidity issues were largely resolved when the big investment banks became bank holding companies and got access to the 'Fed window' for borrowing from the Fed. The TARP is being largely used as a fund to obtain ownership and then strongarm banks to both behave in the manner Barry has wanted them to behave since his ACORN days and to pay the counterparties that the Gov't wants paid like Union Pension Funds and foreign banks. Treasury is working OT to keep from us that not a single 'toxic asset' has been acquired from the TARP. IMO of course. FOX Business News is the only org pushing Treasury for details. Liquidity issues were largely resolved when the big investment banks became bank holding companies and got access to the ‘Fed window’ for borrowing from the Fed.
The TARP is being largely used as a fund to obtain ownership and then strongarm banks to both behave in the manner Barry has wanted them to behave since his ACORN days and to pay the counterparties that the Gov’t wants paid like Union Pension Funds and foreign banks.
Treasury is working OT to keep from us that not a single ‘toxic asset’ has been acquired from the TARP.
IMO of course.

]]> http://patdollard.com/2009/04/financial-crisis-far-from-over/#comment-428104 Bob P Wed, 08 Apr 2009 14:01:47 +0000 http://patdollard.com/?p=67786#comment-428104 Obongos plan right on schedule. Obongos plan right on schedule.

]]>