News tagged with “financial behemoths”. Found:
1 tagged news report.

Timothy Geithner: FED must be stripped of its AIG-like bailout powers

Posted by: myVox  | 

Washington :: VA :: USA | 23 days ago

Credibility

Would you like the hard earned taxpayer's money be put in a bottomless bowl in the name of bailing out a bleeding financial firm? The like that the US Federal Reserve put in the case of financial behemoths Bear Stearns and AIG? Or, Ctibank if you like....

Tags: Timothy Geithner, FED, strip, AIG-like, bailout powers, US Federal Reserve, AIG, Bear Stearns, Citibank, bottomless bowl, taxpayers, Obama, administration, financial behemoths, authority, Treasury department, failure, economy, creditors, shareholders, mediocrity, insurance fund, Federal Deposit Insurance Corp, myVox