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Scooped by L. Charles Burch onto MN News Hound |
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WASHINGTON (Reuters) - In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and otherbanks about the possibility the U.S. central bank would lower one of its critical interest rates, according to a senior Fed official.
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December 14 2011: England at odds with Euro zone, The Fed has been covering the debt crisis in Europe up until now, nationalization coming for the banks, avoidance instead of facing the problems of debt, we have wars to keep the bankers going, rebellion within the EU, the financial treadmill runs ever faster for Greece, Gingrich plan to add another trillion to the US deficit, China WTO entry. Delete the scoop?
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Make no mistake: The crisis is upon us.... Delete the scoop?
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