Current U.S. Secretary of the Treasury Tim Geithner largely directed the Federal Government’s spending on the financial crisis of 2007–2010, including allocation of the $350 billion of Troubled Asset Relief Program funds. A recent report suggests that Lehman Brothers was responsible for fraudulent transactions and misrepresenting $50 billion. The report implicates Geithner, who then presided over the Federal Reserve Bank of New York.

The bankruptcy examiner has reported on Lehman Brothers. Their then-CEO Dick Fuld was “at least grossly negligent” and that one could accuse their auditor Ernst & Young of “professional malpractice.”




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Gosh, Michael Moore’s Truthout St. Patrick Day rant makes this blog look positively staid.
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