Thursday, March 15, 2012

Tim Geithner Covers for Corruption on Pennsylvania Avenue

http://dailyreckoning.com/tim-geithner-covers-for-corruption-on-pennsylvania-avenue/

03/15/12 Last Friday, Treasury Secretary Timothy Geithner charged in a Wall Street Journal op-ed that those who oppose the Obama Administration’s regulatory regime for the financial services industry “seem to be suffering from amnesia about how close America came to complete financial collapse under the outdated regulatory system we had before Wall Street reform.” Au contraire, Secretary Geithner, it is you who choose to ignore and misrepresent the lessons of the financial crisis by perpetuating the myth that the source of the crisis was a lack of regulation.

Read more: Tim Geithner Covers for Corruption on Pennsylvania Avenue http://dailyreckoning.com/tim-geithner-covers-for-corruption-on-pennsylvania-avenue/#ixzz1pEQ8HkTk

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