The Video That Will Put Geithner Behind Bars | | AlterNet
The Smirking Chimp / By Mike Whitney
The Video That Will Put Geithner Behind Bars
http://www.alternet.org/story/...eithner_behind_bars_
The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets.
March 13, 2010 |
Photo Credit: White House
You gotta see this! If this doesn't convince you that Timothy Geithner knew about the securities shenanigans that were going on at Lehman, than I don't know what will.
Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”
In other words, they cooked the books.
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