– fed-ordered-aig-to-pay-goldman-100 cents on the dollar

This is beyond any words as it does not make any sense to let the taxpayers cover a 100% payout on 185 bil. – its fu….. outrages what Bernanke, Paulson and Geithner did their and the only option is a full fledged investigation. What is the freaking difference between Chrysler and GM stock and Bond owners to Goldman and other banks. The people took honest risks in the car makers and get between 5-20% on the dollar and these moron greedy banks who caused this mess get 100% – no way. This can not be allowed and has to be investigated and prosecuted plus the banks need to return the money to the same degree the other investors loose money – around 80 %. Goldman can not be let of the hook by simply paying back TARP they need to repay all subsidies they received. That is what I would call change Mr President – you got to walk the talk or your legacy will be the one of a snake oil salesman.

the link below has the testimony of Liddy about the payout decision of the FED.

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~ by behindthematrix on May 18, 2009.

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