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Last week, the Financial Crisis Inquiry Commission kicked off their first round of hearings on the causes of the economic meltdown on Wall Street. The commission is being compared to the the Pecora Commission launched in 1932 to investigate the causes of the Great Depression. The Pecora commission is beloved by those who [...]
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Last week it was revealed that when Treasury Secretary Tim Geithner was Chairman of the New York Federal Reserve, he urged AIG officials not to disclose to the Securities Exchange Commission relevant details of agreements with banks to bail out Goldman Sachs. Apparently he felt at the time that regulators and the public would [...]
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Ron Paul’s HR1207 to audit the Federal Reserve is gathering steam, and a companion bill has been introduced in the Senate (S604). This is Dr. Paul Texas Straight Talk for May 18, 2009.
“I have been very pleased with the progress of my legislation, HR 1207, which calls for a complete audit of the Federal [...]
