Comments on: FDIC, OTS Not Cooperating with Media Investigations

By: So much for investigative journalism « The Gist Network

So much for investigative journalism « The Gist Network — Sun, 20 Dec 2009 21:27:57 +0000

[...] this story of censorship paints a different picture…literally: From [...]

By: larry

larry — Tue, 15 Dec 2009 00:26:14 +0000

Obama doesn’t really seem interested in undoing any of the grabs for power by the executive branch by the Bush administration (and starting back to Nixon). Executive privilege this, executive privilege that.

By: bsneath

bsneath — Mon, 14 Dec 2009 16:52:31 +0000

Obama: ‘Fat-cat’ bankers owe help to U.S. taxpayers

“We were there for them,” Summers said on ABCsThis Week With George Stephanopoulos. “And the banks need to do everything they can to be sure they’re there for customers across this country.”

The meeting is nothing more than “political theater,” said Virginia-based banking consultant Bert Ely. He said “reckless lending” also contributed to last year’s financial crisis, and banks across the country are already under pressure from local examiners about making too many “risky loans.”

http://www.usatoday.com/money/industries/banking/2009-12-13-obama-bankers-small-business_N.htm

By: Onlooker from Troy

Onlooker from Troy — Mon, 14 Dec 2009 15:41:44 +0000

I sure wish they’d get busy investigating something more meaningful than the lost cause that was WAMU. Part of the slant on this story is that it somehow shouldn’t have been taken down by the FDIC. That’s absurd, it was a time bomb waiting to go off. Waiting would have meant much larger losses.

With that said, I’m not familiar with the specifics here, and I’m not an expert in the law. And given the blatant obfuscation that is being done by the govt there’s probably some fire to this smoke.

By: Darkness

Darkness — Mon, 14 Dec 2009 15:23:27 +0000

Whoa, wait . . . the media are investigating something?

By: Marcus Aurelius

Marcus Aurelius — Mon, 14 Dec 2009 15:14:49 +0000

The government’s hyper-secrecy regarding financial information is a pretty good indicator that it’s operating outside the law. If you want to get to the bottom of the criminal enterprise, you’re supposed to follow the money. Only, in this instance, the criminals will not allow that to happen. It’s brazen and bald-faced, too. Where in the F is law enforcement? Not one investigation?

We’ve more than lost control of our government.

By: wunsacon

wunsacon — Mon, 14 Dec 2009 15:05:50 +0000

…which is pretty much just what bsneath just said.

By: wunsacon

wunsacon — Mon, 14 Dec 2009 15:04:42 +0000

And then there’s this:
http://www.nakedcapitalism.com/2009/12/yes-obama-is-getting-serious-about-banks-he-is-now-calling-them-bad-names.html

By: wunsacon

wunsacon — Mon, 14 Dec 2009 14:55:16 +0000

>> O-pologists

MEH, not sure if I qualify within your definition. (I do defend Obama regularly.) But, I think the Dems (at least in Congress) will lose the independent vote — and the election — if they continue the opaqueness.

By: bsneath

bsneath — Mon, 14 Dec 2009 14:28:08 +0000

Lack of transparency,

Compromised public officials,

Quid pro quo financial support in exchange for defective financial reform that preserves the status quo,

Political theatrics with bank CEOs today to fool the public…………

It is great day to be a member of the American Elite!