The plot thickens….Confirmed.. Fed Reserve Strongarmed BofA …

[XBoxBoy]

[quote=davelj]But, alas, he apparently was more concerned about losing his job than about protecting shareholder interests. In my view, for this reason alone he should be fired. [/quote]

I second this view. I mean where is this man’s integrity? I know, I know, integrity, how quaint.

And besides, what kind of negotiator can he be if he caved on the threat of losing his job? Seriously, if the man had any ability as a real negotiator he should have said the heck with you guys. Fire me if you like. How’s that gonna look when I give an interview to the Wall Street Journal telling my side of the story. Hey, sorry, I have a responsibility to my shareholders.

As it stands now, everyone knows he’s a poor negotiator without any integrity. Lots of luck in the future with that reputation.

XboxBoy

[DWCAP]

[quote=Allan from Fallbrook][quote=DWCAP][quote=Allan from Fallbrook]
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?[/quote]

Hehehe, is this a real question? Cause I think we both know the answer is rather painfully obvious. Actions speak louder than words and the media has been verbally blowing Obama since the beginning. I think it was NPR that did a study that showed the media’s ‘Obama bias’. It was rather strong, far stronger than Clinton or Bush in their first few years. They arnt gonna stop now.

[/quote]

DWCAP: Shit, did I leave my Snark button off? Sorry. No, you’re right, it wasn’t a serious question, which is truly sad.

At what point do we, the American people, wake up and realize: WE ARE THE GOVERNMENT![/quote]

Just trying to give you a sounding board to keep going. It is very sad, and I enjoy hearing (via reading) someone who knows what they are talking about ripping into people who think they can get away with murder just cause they said it wasnt murder.

[DWCAP]

[quote=Allan from Fallbrook][quote=DWCAP][quote=Allan from Fallbrook]
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?[/quote]

Hehehe, is this a real question? Cause I think we both know the answer is rather painfully obvious. Actions speak louder than words and the media has been verbally blowing Obama since the beginning. I think it was NPR that did a study that showed the media’s ‘Obama bias’. It was rather strong, far stronger than Clinton or Bush in their first few years. They arnt gonna stop now.

[/quote]

DWCAP: Shit, did I leave my Snark button off? Sorry. No, you’re right, it wasn’t a serious question, which is truly sad.

At what point do we, the American people, wake up and realize: WE ARE THE GOVERNMENT![/quote]

Just trying to give you a sounding board to keep going. It is very sad, and I enjoy hearing (via reading) someone who knows what they are talking about ripping into people who think they can get away with murder just cause they said it wasnt murder.

[DWCAP]

[quote=Allan from Fallbrook][quote=DWCAP][quote=Allan from Fallbrook]
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?[/quote]

Hehehe, is this a real question? Cause I think we both know the answer is rather painfully obvious. Actions speak louder than words and the media has been verbally blowing Obama since the beginning. I think it was NPR that did a study that showed the media’s ‘Obama bias’. It was rather strong, far stronger than Clinton or Bush in their first few years. They arnt gonna stop now.

[/quote]

DWCAP: Shit, did I leave my Snark button off? Sorry. No, you’re right, it wasn’t a serious question, which is truly sad.

At what point do we, the American people, wake up and realize: WE ARE THE GOVERNMENT![/quote]

Just trying to give you a sounding board to keep going. It is very sad, and I enjoy hearing (via reading) someone who knows what they are talking about ripping into people who think they can get away with murder just cause they said it wasnt murder.

[DWCAP]

[quote=Allan from Fallbrook][quote=DWCAP][quote=Allan from Fallbrook]
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?[/quote]

Hehehe, is this a real question? Cause I think we both know the answer is rather painfully obvious. Actions speak louder than words and the media has been verbally blowing Obama since the beginning. I think it was NPR that did a study that showed the media’s ‘Obama bias’. It was rather strong, far stronger than Clinton or Bush in their first few years. They arnt gonna stop now.

[/quote]

DWCAP: Shit, did I leave my Snark button off? Sorry. No, you’re right, it wasn’t a serious question, which is truly sad.

At what point do we, the American people, wake up and realize: WE ARE THE GOVERNMENT![/quote]

Just trying to give you a sounding board to keep going. It is very sad, and I enjoy hearing (via reading) someone who knows what they are talking about ripping into people who think they can get away with murder just cause they said it wasnt murder.

[DWCAP]

[quote=Allan from Fallbrook][quote=DWCAP][quote=Allan from Fallbrook]
Now the question becomes: Will the media function as a true watchdog and bring the truth to light, or will they join Obama in a massive spin campaign to obfuscate the facts or downplay the significance of all of this?[/quote]

Hehehe, is this a real question? Cause I think we both know the answer is rather painfully obvious. Actions speak louder than words and the media has been verbally blowing Obama since the beginning. I think it was NPR that did a study that showed the media’s ‘Obama bias’. It was rather strong, far stronger than Clinton or Bush in their first few years. They arnt gonna stop now.

[/quote]

DWCAP: Shit, did I leave my Snark button off? Sorry. No, you’re right, it wasn’t a serious question, which is truly sad.

At what point do we, the American people, wake up and realize: WE ARE THE GOVERNMENT![/quote]

Just trying to give you a sounding board to keep going. It is very sad, and I enjoy hearing (via reading) someone who knows what they are talking about ripping into people who think they can get away with murder just cause they said it wasnt murder.

[partypup]

[quote=flu]Next question. In light if this, why is gold down? (no, I didn’t buy any gold yet if that’s what you’re thinking)
:)[/quote]

The dollar is literally fighting for its life now. And the Plunge Protection Team is shuffling COMEX paper gold/silver around between a few large hands so fast that I swear there is probably a dedicated metals team in some DC basement, working 24/7 to hold gold at bay.

We are approaching the Rubicon: $1,000 gold. Once the Rubicon is crossed, there is no turning back, and gold will be unleashed. The Feds know this. That is why they will throw everything in their arsenal at gold to kill it.

But they will fail, as the fiat crooks have always failed.

And Flu, I am very disappointed. You should have bought some by now! What are you waiting for, the price to drop to $800? Because that ain’t gonna happen 😉

[partypup]

[quote=flu]Next question. In light if this, why is gold down? (no, I didn’t buy any gold yet if that’s what you’re thinking)
:)[/quote]

The dollar is literally fighting for its life now. And the Plunge Protection Team is shuffling COMEX paper gold/silver around between a few large hands so fast that I swear there is probably a dedicated metals team in some DC basement, working 24/7 to hold gold at bay.

We are approaching the Rubicon: $1,000 gold. Once the Rubicon is crossed, there is no turning back, and gold will be unleashed. The Feds know this. That is why they will throw everything in their arsenal at gold to kill it.

But they will fail, as the fiat crooks have always failed.

And Flu, I am very disappointed. You should have bought some by now! What are you waiting for, the price to drop to $800? Because that ain’t gonna happen 😉

[partypup]

[quote=flu]Next question. In light if this, why is gold down? (no, I didn’t buy any gold yet if that’s what you’re thinking)
:)[/quote]

The dollar is literally fighting for its life now. And the Plunge Protection Team is shuffling COMEX paper gold/silver around between a few large hands so fast that I swear there is probably a dedicated metals team in some DC basement, working 24/7 to hold gold at bay.

We are approaching the Rubicon: $1,000 gold. Once the Rubicon is crossed, there is no turning back, and gold will be unleashed. The Feds know this. That is why they will throw everything in their arsenal at gold to kill it.

But they will fail, as the fiat crooks have always failed.

And Flu, I am very disappointed. You should have bought some by now! What are you waiting for, the price to drop to $800? Because that ain’t gonna happen 😉

[partypup]

[quote=flu]Next question. In light if this, why is gold down? (no, I didn’t buy any gold yet if that’s what you’re thinking)
:)[/quote]

The dollar is literally fighting for its life now. And the Plunge Protection Team is shuffling COMEX paper gold/silver around between a few large hands so fast that I swear there is probably a dedicated metals team in some DC basement, working 24/7 to hold gold at bay.

We are approaching the Rubicon: $1,000 gold. Once the Rubicon is crossed, there is no turning back, and gold will be unleashed. The Feds know this. That is why they will throw everything in their arsenal at gold to kill it.

But they will fail, as the fiat crooks have always failed.

And Flu, I am very disappointed. You should have bought some by now! What are you waiting for, the price to drop to $800? Because that ain’t gonna happen 😉

[partypup]

[quote=flu]Next question. In light if this, why is gold down? (no, I didn’t buy any gold yet if that’s what you’re thinking)
:)[/quote]

The dollar is literally fighting for its life now. And the Plunge Protection Team is shuffling COMEX paper gold/silver around between a few large hands so fast that I swear there is probably a dedicated metals team in some DC basement, working 24/7 to hold gold at bay.

We are approaching the Rubicon: $1,000 gold. Once the Rubicon is crossed, there is no turning back, and gold will be unleashed. The Feds know this. That is why they will throw everything in their arsenal at gold to kill it.

But they will fail, as the fiat crooks have always failed.

And Flu, I am very disappointed. You should have bought some by now! What are you waiting for, the price to drop to $800? Because that ain’t gonna happen 😉

[UCGal]

[quote=XBoxBoy][quote=davelj]But, alas, he apparently was more concerned about losing his job than about protecting shareholder interests. In my view, for this reason alone he should be fired. [/quote]

I second this view. I mean where is this man’s integrity? I know, I know, integrity, how quaint.

And besides, what kind of negotiator can he be if he caved on the threat of losing his job? Seriously, if the man had any ability as a real negotiator he should have said the heck with you guys. Fire me if you like. How’s that gonna look when I give an interview to the Wall Street Journal telling my side of the story. Hey, sorry, I have a responsibility to my shareholders.

As it stands now, everyone knows he’s a poor negotiator without any integrity. Lots of luck in the future with that reputation.

XboxBoy
[/quote]

Fully agreeing with Dave and Xbox on this.
I’ve read the emails, watched part of Lewis’s testimony this morning… There was wrong doing all around – Paulson, Geithner, and Bernanke overstepped. Ken Lewis screwed the shareholders for personal gain. As did his BOD.

And just to clarify for the Obama bashers – this happened last year, 2008, pre-Obama. I’m not letting Timmy off the hook since he was Gov. of the NYFed and deeply involved. (I’m NOT a Geithner fan.) I don’t mind bashing BO for things that happened when he was running things – but the timeline doesn’t fit for this incident. Its like blaming Obama for the invasion of Iraq – it doesn’t fit the timeline.

[UCGal]

[quote=XBoxBoy][quote=davelj]But, alas, he apparently was more concerned about losing his job than about protecting shareholder interests. In my view, for this reason alone he should be fired. [/quote]

I second this view. I mean where is this man’s integrity? I know, I know, integrity, how quaint.

And besides, what kind of negotiator can he be if he caved on the threat of losing his job? Seriously, if the man had any ability as a real negotiator he should have said the heck with you guys. Fire me if you like. How’s that gonna look when I give an interview to the Wall Street Journal telling my side of the story. Hey, sorry, I have a responsibility to my shareholders.

As it stands now, everyone knows he’s a poor negotiator without any integrity. Lots of luck in the future with that reputation.

XboxBoy
[/quote]

Fully agreeing with Dave and Xbox on this.
I’ve read the emails, watched part of Lewis’s testimony this morning… There was wrong doing all around – Paulson, Geithner, and Bernanke overstepped. Ken Lewis screwed the shareholders for personal gain. As did his BOD.

And just to clarify for the Obama bashers – this happened last year, 2008, pre-Obama. I’m not letting Timmy off the hook since he was Gov. of the NYFed and deeply involved. (I’m NOT a Geithner fan.) I don’t mind bashing BO for things that happened when he was running things – but the timeline doesn’t fit for this incident. Its like blaming Obama for the invasion of Iraq – it doesn’t fit the timeline.

[UCGal]

[quote=XBoxBoy][quote=davelj]But, alas, he apparently was more concerned about losing his job than about protecting shareholder interests. In my view, for this reason alone he should be fired. [/quote]

I second this view. I mean where is this man’s integrity? I know, I know, integrity, how quaint.

And besides, what kind of negotiator can he be if he caved on the threat of losing his job? Seriously, if the man had any ability as a real negotiator he should have said the heck with you guys. Fire me if you like. How’s that gonna look when I give an interview to the Wall Street Journal telling my side of the story. Hey, sorry, I have a responsibility to my shareholders.

As it stands now, everyone knows he’s a poor negotiator without any integrity. Lots of luck in the future with that reputation.

XboxBoy
[/quote]

Fully agreeing with Dave and Xbox on this.
I’ve read the emails, watched part of Lewis’s testimony this morning… There was wrong doing all around – Paulson, Geithner, and Bernanke overstepped. Ken Lewis screwed the shareholders for personal gain. As did his BOD.

And just to clarify for the Obama bashers – this happened last year, 2008, pre-Obama. I’m not letting Timmy off the hook since he was Gov. of the NYFed and deeply involved. (I’m NOT a Geithner fan.) I don’t mind bashing BO for things that happened when he was running things – but the timeline doesn’t fit for this incident. Its like blaming Obama for the invasion of Iraq – it doesn’t fit the timeline.

[UCGal]

[quote=XBoxBoy][quote=davelj]But, alas, he apparently was more concerned about losing his job than about protecting shareholder interests. In my view, for this reason alone he should be fired. [/quote]

I second this view. I mean where is this man’s integrity? I know, I know, integrity, how quaint.

And besides, what kind of negotiator can he be if he caved on the threat of losing his job? Seriously, if the man had any ability as a real negotiator he should have said the heck with you guys. Fire me if you like. How’s that gonna look when I give an interview to the Wall Street Journal telling my side of the story. Hey, sorry, I have a responsibility to my shareholders.

As it stands now, everyone knows he’s a poor negotiator without any integrity. Lots of luck in the future with that reputation.

XboxBoy
[/quote]

Fully agreeing with Dave and Xbox on this.
I’ve read the emails, watched part of Lewis’s testimony this morning… There was wrong doing all around – Paulson, Geithner, and Bernanke overstepped. Ken Lewis screwed the shareholders for personal gain. As did his BOD.

And just to clarify for the Obama bashers – this happened last year, 2008, pre-Obama. I’m not letting Timmy off the hook since he was Gov. of the NYFed and deeply involved. (I’m NOT a Geithner fan.) I don’t mind bashing BO for things that happened when he was running things – but the timeline doesn’t fit for this incident. Its like blaming Obama for the invasion of Iraq – it doesn’t fit the timeline.

[Author]

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