04/04/10

Permalink Bernanke Feels The Heat: Maiden Lane Asset Disclosure Reveals Truth In Bailout Farce

Forty cents on the dollar, and that's stretching it. For Fed clowns Bernanke and Geithner, transparency is not unlike sandpaper to their nut sack. When the crisis began with Bear Stearns in March of '08, Bernanke and Geithner likely never imagined they would be eventually forced to disclose the details of their dirty work. Yesterday was a victory for the good guys, but that doesn't mean you're going to like what you read.

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