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U.S. finance system potentially only days away from ‘complete meltdown’

Started by nmindependent · 9 months ago

In a meeting with congressional leaders Thursday night, Federal Reserve Chairman Ben Bernanke presented the potentially devastating ramifications of the current financial crisis, leaving many in the room in stunned silence, according to a report in the New York Times.
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1 comment

  • The two-bit financial wizards want to take hundred of billions of our money to buy illiquid assets from the irresponsible and greedy U.S. financial institutions. The root problem is the poor leadership of pompous Treasury Secretary Henry Paulson and the inept FED Chairman Ben Bernacke. They should be fired immediately! Now the lobbyists descend on Congress to make the bailout plan a "christmas tree" for special interests!!!!!!!!!!
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