Congressman Ron Paul Schools Bernanke on the Bailout Plan

Posted by bruni on October 15, 2008

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No one cares about Ron Paul. VOTE RON PAUL FOR FAILURE!

these days it actually seems like VOTE ANYONE FOR FAILURE
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New York threatens fraud charges against Citigroup

Posted by bruni on August 08, 2008

NEW YORK (Reuters) - The office New York Attorney General Andrew Cuomo said on Friday it planned to bring legal action against Citigroup Inc, accusing the bank of fraudulently selling auction-rate securities and destroying documents that had been subpoenaed by the state.

In a letter of intent obtained by Reuters, the state said its five-month probe into auction-rate markets revealed the bank falsely assured customers that these securities were as liquid as cash. The securities have been difficult to sell since credit markets tightened earlier this year.
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