SIGTARP Reports and Truth Vigilante Slaps Administration

By: Saturday January 28, 2012 12:00 pm

SIGTARP isn’t happy about the failure of the Treasury to enforce its regulations on home mortgage servicers. Treasury has no response, and just whines. Anonymously.

 

Geithner: Systemic Risk Is Whatever I Say It Is (You’re Welcome, Citigroup)

By: Friday January 14, 2011 7:00 am

Shahien Nasiripour’s article about Citibank’s near-bankruptcy in November 2008 shows how silly it is to expect safety by creating a “systemic risk council,” one headed, I might add, by Tim Geithner. He basically applies the Potter Stewart principle to systemic risk, saying that he’ll know it when he sees it. And somehow, I’d guess that he’ll see systemic risk in any big bank that goes down.

Playing the CFPB Nomination Game

By: Saturday August 14, 2010 9:35 am

Now that the Consumer Financial Protection Bureau has been created, everyone is waiting for Obama to nominate someone to head it. The longer this drags on, it becomes a less a question of “Who?” and more a question of “Why not Elizabeth Warren?”

That’s a question that the Obama White House does NOT want to answer.

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