Showing posts with label DRAKE Updates. Show all posts
Showing posts with label DRAKE Updates. Show all posts

Wednesday, September 12, 2012

Matthew D. Weidner, Esq:  FDIC SUES BIG BANKS FOR MASSIVE SECURITIES FRAUD!! 

Wednesday, September 12, 2012


BOMBSHELL! BOMBSHELL! BOMBSHELL!- FDIC SUES THE BIG BANKS FOR MASSIVE SECURITIES FRAUD!
September 10th, 2012
Author: Matthew D. Weidner, Esq.

http://mattweidnerlaw.com/blog/2012/09/bombshell-bombshell-bombshell-fdic-sues-the-big-banks-for-massive-securities-fraud/

It's been a while since I've dropped a BOMBSHELL.I've frankly been a bit per-occupied with several more important things.

But the documentation of the biggest crime spree ever perpetrated on a nation continues to be rolled out.and it continues to be ignored by EVERYONE IN THIS ENTIRE NATION!

I can only pound on the indictment of insurance fraud documented in the 49 State Attorney General Sellout. The press refuses to report on how we've all been sold out by the government that serves the banks but I digress. No one cares about that anymore.


Let's talk about the THREE SEPARATE NUCLEAR BOMBSHELLS OF FINANCIAL MASS DESTRUCTION.

The FDIC, (that's the Federal Deposit Insurance Corporation) just filed suit against the big banks alleging in very specific terms A MASSIVE SCHEME TO LIE, CHEAT, STEAL AND DEFRAUD. You'd think this kind of thing might warrant a story or two in the national press but then again, they've got far more important things to report on. Well, don't count on The Press to actually report on anything meaningful anymore.

A big hat tip to my friend April Charney who pointed this out to me and much thanks to the Sarasota Council of Neighborhood Associations for inviting me to speak tonight anywhoo, just read the allegations in the complaints: (and then ask yourself why no mainstream media will report on any of this):

This is an action for damages caused by violation of the Texas Securities Act (TSA) and the Securities Act of 1933 (1933 Act) by the defendants. As alleged in detail below, defendants issued, underwrote, or sold eight securities known as "certificates" which were backed by collateral pools of residential mortgage loans. Guaranty Bank (Guaranty) paid approximately $1.5 billion for the eight certificates. When they issued, underwrote, or sold the certificates, the defendants made numerous statements of material fact about the certificates and, in particular, about the credit quality of the mortgage loans that backed them. Many of those
statements were untrue. Moreover, the defendants omitted to state many material facts that were necessary in order to make their statements not misleading. For example, the defendants made untrue statements or omitted important information about such material facts as the loan-to-value ratios of the mortgage loans, the extent to which appraisals of the properties that secured the loans were performed in compliance with professional appraisal standards, the number of borrowers who did not live in the houses that secured their loans (that is, the number of properties that were not primary residences), and the extent to which the entities that made the loans disregarded their own standards in doing so.

This is an action for damages caused by violation of the Texas Securities Act (TSA) and the Securities Act of 1933 (1933 Act) by the defendants. As alleged in detail below, defendants issued, underwrote, or sold eight securities known as "certificates", which were backed by collateral pools of residential mortgage loans. Guaranty Bank (Guaranty) paid approximately $1.5 billion for the eight certificates. When they issued, underwrote, or sold the certificates, the defendants made numerous statements of material fact about the certificates and, in particular, about the credit quality of the mortgage loans that backed them.

 Many of those statements were untrue. Moreover, the defendants omitted to state many material facts that were necessary in order to make their statements not misleading. For example, the defendants made untrue statements or omitted important information about such material facts as the loan-to-value ratios of the mortgage loans, the extent to which appraisals of the properties that secured the loans were performed in compliance with professional appraisal standards, the number of borrowers who did not live in the houses that secured their loans (that is, the number of properties that were not primary residences), and the extent to which the entities that made the loans disregarded their own standards in doing so.

Complaint-2516

Complaint-2517

Complaint-2522
KESHE Technology Blog
 
The Rumor Mill News Reading Room

 
CGI's Johneye: Keshe technology blog - harnessing a fusion reaction that manipulates dark matter

Posted By: Susoni [Send E-Mail]
Date: Tuesday, 11-Sep-2012 21:39:20

http://www.keshearoundtheworld.wordpress.com
I have called the US Secretary of State, and emailed the Ambassador to the US from Peru, Ecuador and Venezuela, inquiring as to whether or not their governments had accepted the offer from the Keshe Foundation (www.keshefoundation.org). Mr. Keshe of the Keshe Foundation offered his technology to all the governments of the world. Employment of this technology by Iran “captured” a US drone, and Mr. Keshe claims that it was his technology that brought it down in one piece. (The Iranians have quite a sense of humor, sending a toy drone to the Pres. when he requested the drone back.)
The purpose of this blog is to be a focal point for the answer to the question, “Has your country accepted the offer of the Keshe Foundation to their plasma technology?" Whereas the Keshe Foundation itself offers the same on it’s website,
http://www.keshefoundation.org/en/media-a-papers/keshe-news/316-the-world-peace-invitation-and-release-of-technology , this blog will go further; it will provide readers with a forum to post YOUR OWN experiences with the gov’t, and, it’ll provide news on any and every country in the world in regard to their plans and progress with Keshe Technology.
That’s it, short and sweet. I have also made the same inquiry to the US State Dept., and the Senator and Congressman for this state. There is nearly no end to the number of people who NEED to be made aware of this information, in order to bring pressure upon their own governments, as well as here in the US.
Here is some press re Mr. Keshe: “Of all the inventors making bold claims on the internet, Iranian nuclear engineer Mehran Tavakoli Keshe is perhaps the most enigmatic, and the most interesting. By allegedly harnessing a fusion reaction that manipulates dark matter, regular matter, and antimatter, he claims to have developed technologies that rival those in science fiction. As we reported last April, Keshe claims that years ago he gave the Iranian military his technology in order for them to produce flying saucers; and the alleged Iranian flying saucer that had popped up in the news last March was a result of that. He had offered it to NASA, but they poopooed it.” Link: http://www.keshefoundation.org/en/media-a-papers/keshe-news/185-was-us-spy-drone-captured-by-iranian-flying-saucer-pesncom-part-i
Of course, we may also want to inquire as to how the President can justify promulgating an executive order that will make us enemies of the State (which they already consider us to be anyway) and inspire fear in the hearts of those who might otherwise have made valuable contributions to the implementation of Keshe technology in America. Obama has issued an Executive Order essentially prohibiting US citizens from dealing with Mr. Keshe. Find Obama’s E.O. here:http://www.keshefoundation.org/en/media-a-papers/keshe-news/313-us-presidential-decree-and-keshe-foundation-response.
Mr. Keshe has already given demonstrations to interested government officials from an unknown number of countries, in April and in September, and plans to release the technology to all scientists around the world. From their website: …”the presentation on 21 September 2012 will be the first step in the Keshe Foundation’s teaching program to share its knowledge and put it into the hands of the people worldwide. Once these new technologies and their benefits are known to the general public, the leaders of every nation will need to decide how they are going to implement them for the betterment of everyone.”http://www.keshefoundation.org/en/media-a-papers/keshe-news/316-the-world-peace-invitation-and-release-of-technology.
People will be mad as hornets if they discover that their “leaders” are depriving them and their loved ones of this potentially Earth-saving technology.
So please take a part in this exciting venture, take part if you can, and keep up with keshearoundtheworld :-)
Peace to all, John Charles: aka johneye
http://keshearoundtheworld.wordpress.com/

BREAKING NEWS: Notice of Collection on Behalf of U.S. and French Taxpayers

http://www.myspace.com/tom_heneghan_intel/blog
Tom Heneghan explosive intelligence briefings ALL patriot Americans MUST know, with sources inside American/European intelligence agencies and INTERPOL, reporting what is really going on behind the scenes of the corporate-controlled, fascist, extortion-friendly propaganda U.S. media's massive deceptions
Tuesday September 11, 2012
Notice of Collection
on Behalf of U.S. and French Taxpayers

By Tom Heneghan, International Intelligence Expert

http://www.csmonitor.com/var/ezflow_site/storage/images/media/images/0504-world-juppe/10055368-1-eng-US/0504-world-juppe_full_600.jpg
Former French Foreign Minister Alain Jupp
é
Charles Platiau/Reuters (r image) source

UNITED States of America - It can now be reported that former French Foreign Minister Alain Juppé has affirmed that the final implementation of the Wanta-Reagan-Mitterrand Protocols continues and is unstoppable!

Note: The $5 billion advance given to the government of Spain that was authorized by the IMF (International Monetary Fund) and its President Christine Lagarde was the beginning stage in the final Protocol implementation.

Accordingly, any derivative hocus pocus that may be attempted by any central bank bank in the world will be considered by the IMF and the U.S. Inspector General an illegal conversion of funds in regards to American and French taxpayers' money.


It is important to remember that in late 2006 former Federal Reserve Chairman Alan Greenspan and then George W. BushFRAUD Treasury Secretary Henry 'Hank' Paulson illegally ordered the laundering of the Wanta-Reagan-Mitterrand Protocol funds from the Bank of America account in Charlotte, North Carolina to the New York call account of the brokerage firm Goldman Sachs.

Reference: The Wanta-Reagan-Mitterrand Protocol funds were then marked up as derivatives and eventually used in the 2008 BushFRAUD-Nancy Pelosi ponzi bail out of the criminal worldwide banks.


P.S. At this hour, German Chancellor Angela Merkel is indifferent to the forthcoming decision of the German Supreme Court on the euro bond purchasing program; she is deferring to Bundesbank President Jens Weidmann, who is fully on board with the IMF in the final implementation of Wanta-Reagan-Mitterrand Protocol funds.

In closing, one must ask themselves a question: If you have a money market fund or just a regular savings account insured by the FDIC at a major financial institution like Bank of America is it now safe or subject to being used as collateral in a new bank bail out by the out-of-control, privately owned (misnomer) U.S. Federal Reserve.

Finally, we again want to make it clear the Protocol implementation continues with real collateralization and asset redemption and repatriation.
LATE BREAKING NEWS
http://www.thereformedbroker.com/wp-content/uploads/2011/04/marc-rich.jpg Be sure to stay tuned for future intelligence briefings, which will deal with an update on current Israeli Prime Minister Benjamin Netanyahu's direct relationship and his secret trading accounts that are headquartered at Swiss-based Glencore Commodities that is run by convicted felon Marc Rich.
http://danimartextras.com/wp-content/uploads/Netanyahu-as-Nazi.jpg
Benjamin Netanyahu
source

Direct message to Netanyhu: The American People have not forgotten your role in the 9/11 BLACK OP attacks on the American People, your control of the DHS (Department of Homeland Security), which has shredded the United States Constitution and turned the U.S. into a Nazi gestapo state.

The Jewish People and the People of Israel have not forgotten Nazi Netanyahu's direct role in the assassination of great Israeli patriot, former Israeli Prime Minister Yitzhak Rabin.
http://www.veteranstoday.com/wp-content/uploads/2011/11/Amir-shot.gif
Assassination of Israeli Prime Minister
Yitzhak Rabin

source

Netanyahu, along with rogue Israeli Mossad and the Bush Crime Family Syndicate, coordinated the assassination of Rabin as to forestall and block the implementation of the Wanta-Reagan-Mitterrand Protocols reference the Swiss-based AmeriTrust account.

The American People have not forgotten your role in the illegal BushFRAUD war in Iraq and the overthrow of the year 2000 U.S. presidential election, which led to an American nightmare.

Finally, one last message to punk Netanyahu: The American People and segments of the American Flag Officers are going to grab you and arrest you for crimes against the American People.
http://rediscover911.com/wp-content/uploads/2010/05/584.jpg

http://mycatbirdseat.com/wp-content/uploads/2011/06/911BIG-Image.jpg
http://www.shahidulnews.com/wp-content/uploads/2010/05/911MuralVan.jpg
http://undertheradarmedia.files.wordpress.com/2009/08/foxnewsisrael.jpg?w=400&amph=172

Tuesday, September 11, 2012

Military on High Alert?

A Look Inside the Workings of Recent Events. Mind Blowing and Eye Opening

Bix Weir - 911 and the Road to Roota Theory

I get a lot of people telling me to "stick to your gold and silver analysis and don't stray into politics or conspiracies". Their thinking behind this is that my arguments to own gold and silver are strong and understandable whereas all else are just my rambling thoughts running wild. I will lose all credibility if I keep it up.
 
 
My answer is always...BUT THEY ARE ALL CONNECTED!
Gold, silver, monetary policy, manipulation, foreign policy, the Presidential election, market rigging and YES...911 plays a major role in what is happening today.
To limit myself to the "mainstream" analysis would be totally and completely intellectually dishonest. The only reason that ANY of my work has proven credible is that I am NOT constrained by what the "mainstream" says is fact. I follow the bread crumbs where they may lead...even if it ends up shattering my current understanding of what it REAL. Even if I lose followers of my work along the way. So for those who are seeking the truth about 911...the REAL TRUTH you should read the following:
911 and the Road to Roota Theory
The TRUTH is available to anyone and as they say...
"The Truth Will Set You Free!"
All you have to do is open your eyes.
Bix Weir
A Wise Account of NOW!!

I recieved this in my email today from James Gilliand at ECETI Ranch. I thought I would share as it resonated strongly with my own feelings. Everyone needs to turn inward for their answers and stop relying on who said what and which one should I beleive. The time has come to silence our minds and find our own truths, it's the ONLY way we will survive this mess spiritually, emotionally, and perhaps even physically. Hold on tight and TRUST!!!

Jamesisms Inspirations and Gut Feelings

We are getting bombarded with emails asking what is going on. There is so much information and disinformation flooding the internet people are becoming confused, disoriented, some even apathetic to any new information. That is the plan of the controllers. What it all boils down to is making your own God, Spirit, Creator connection and stop depending on others to lead you or save you. If you want the white hats to save you go out and buy a white hat. If you want to remain in denial of the obvious and listen to the feel good messages where people tell you there will be no changes; the status quo will continue business as usual you will be caught unaware and unprepared.

If you believe your consciousness is all-powerful and you will levitate, dematerialize, walk on water, bi-locate and ascend in the throws of physical Earth changes then demonstrate it. Find a great tree, tell yourself it is an illusion then take a run at it. Go to the ocean and stop the waves, the little ones then ask yourself if you can stop a great wave or ocean displacement. Are you aware of the escalation of severe weather, droughts, floods, the massive wild fires? Are you aware of the unprecedented increase in earthquake and volcanic activity? Are you paying attention to the Sun, solar cycle 24 and the unprecedented increase in CMEs, solar flares? Do you know about the dark rift and the alignment with Galactic Plane or the bursts of Gama and other rays bombarding the Earth? How about the massive holes in the magnetic fields allowing more cosmic and other rays to enter, more meteors to come in putting on quite a show lately? Is not the collapse and movement of the magnetic fields a precursor to a pole shift?

Now for a personal note have you paid any attention to the condition of the economy, the falling of the dollar, the massive derivatives that cannot be paid, the printing of trillions of dollars given to the banksters, the looting and pull out of the major banksters who are taking out put options that the economy will crash? Why because they are crashing it despite what the politicians in bed with them are telling you. Why are they all pulling out? What do they know? Why are there massive underground facilities being built for the elite? Why are other countries building massive underground facilities for their entire people and America is only concerned with the elite? Where did your basic human rights go and what are they setting up for with what can only be seen as Nazi rules and regulations taking the place of your constitution? Have you figured it out yet? If you haven't maybe the gene pool just might need some cleaning.

To many with strong attachments this will sound like doom and gloom. Those heavily invested in the material will have real problems with this information yet despite their be lie fs these changes are happening and it has gone from prophecy to science and statistics. We have to go back to our gut feelings, our own inner guidance. Pay attention to the obvious, forget about the mainstream media it is run by the corporations and has only the corporate interest as an agenda. That interest is to maintain the status quo keep the sheep placated right up to the slaughter pen. The problem is the sheep are awakening. The whole planet is awakening, shifting, birthing, expanding cleansing and moving to the next level in her evolutionary process. There is a saying nature will not kill you but she will let you die. It is up to us to flow with these changes and prepare on every level. Spiritually by making your own personal God, Creator, Spirit connection, establishing your own inner guidance. Mentally by developing critical thinking, common sense is God sense. Emotionally by releasing the past wounds, traumas and wrong conclusions from past experience. Physically by having access to fresh water, food, and shelter in areas that will not be so affected by the changes. Sitting on top of major fault lines or on the coasts is not wise in the days to come. Many are investing in gold and silver which is not a bad idea yet investing in land, gardens, seeds, accessing clean water, tools and food stock is better. Do not just think about yourself think about others as well it is much better karma to feed someone than to shoot them. Do not think because you are a nice person those who are hungry will honor that. That is not their truth. I know this is a hard pill to swallow. I swallowed it over thirty years ago when I was shown the visions of the probable future. This was taking into account changes in the collective consciousness, divine intervention etc. We still have time to shift the consciousness and put out a call for divine intervention yet some changes are necessary for Earth to continue on her cleansing and evolutionary process. We need to support her in doing what she needs to do, flow with the changes, and ask the beautiful many masters, saints, sages, Angelic guides, benevolent off worlders etc. for as much assistance as possible while doing all we can ourselves on every level so as not to create an immense disempowering baby sitting job.

Be well.
James Gilliland
www.eceti.org
www.bbsradio.com
www.worldpuja.net
The PLANNED Silver End Game

Bix Weir
To those of you watching the price of silver rise thinking how exciting it is that the silver buyers are finally diving into the silver market and driving the price higher, unfortunately, you are living in a fantasy world. There is no "free market" in silver where supply and demand matters and drives the price movements. Silver is a "managed market" and has been since the early 1970's. It is managed via computer programs run out of the Fed NY and the basement of the US Treasury. Computers trading back and forth with each other to SET the price...every day, every trade and every tick.
So when silver rises 20% in a matter of weeks or silver dives 20% in a matter of days you should not be surprised. It is meant to play with your emotions and scare (or force) you out of the silver market.
But knowing this should not slow down your positioning for the END of this silver price "management". It should motivate you to BUY MORE PHYSICAL SILVER and be ready for the END of this management process. Yes, it is ending. The Good Guys tried to end this game back in 2008 but they were stopped short...mainly because WE THE PEOPLE were not ready. So a decision was made to wait until the NEXT US election to finally pull the plug on official silver market rigging. We are now nearing the end of this phase of silver manipulation.
That is why the price of silver has risen so high and dropped so fast in the past 4 years. To delay the inevitable silver moonshot. That is why the CFTC refuses to end this obvious manipulation up until now. That is why the price is rising so fast as we approach election day. This is the END game.
The latest Bank Participation Report is a tell tale sign that SOMETHING is up. The US bank short positions of COMEX silver futures grew more than 8,295 net contracts, to 28,760 net short contracts from the last report on August 7.
http://www.cftc.gov/dea/bank/deaSep12f.htm
That equates to an increase of 41,475,000 ounces of paper silver currently being held short by the Banksters (most likely JP Morgan) and as of early September the total short position of these 4 US banks is 143,800,000 ounces. But that doesn't even tell the story of what happened in August. It just shows where these banks ended up! The total silver futures and options traded in August 2012 was over 1,370,000 contracts or 6.8B OUNCES! It's all right here in the CME data:
http://www.cmegroup.com/wrappedpages/web_monthly_report/Web_Volume_...
And the crazy thing is that this figure from August 2012 is DOWN ALMOST 40% from August 2011! Clearly the COMEX silver price has NO ANCHOR to the real price of silver.
And now, structurally, JP Morgan and friends are painted into a corner and there are two very different and very violent outcomes on the table. The first is what we have seen for decades...an orchestrated slam using paper silver to flush out the weak hands. The second is the opposite reaction...the long awaited moonshot with panicked shorts trying desperately to cover their position and stop the bleeding. The second potential is why you have been patiently waiting with your silver in your pocket all these years. It is the end of the end for silver manipulation.
The Bank Participation Report tells us the games continue but it does not give us what the outcome will be.
You see, while JPM and friends were shorting the bejesus out of COMEX silver in August...the price rose over 20% from $27/oz to $33/oz! Ask yourself this question...if these US banks DID NOT sell short over 6.8B ounces during this time frame how high would the price of silver have risen? In other words...
IF THE SILVER MARKET WAS NOT ARTIFICIALLY SUPPRESSED BY THE LARGEST SILVER SHORTS HOW HIGH WOULD THE PRICE OF SILVER HAVE SOARED IN AUGUST? $50/OZ? $100/OZ? $1,000/OZ?!
Nobody knows and nobody will know the true FAIR MARKET VALUE of silver until these banksters are taken down. And it looks like that moment is fast approaching. Can "they" still slam the price down? Of course! They can slam the price down to $0 with the click of a mouse or a stroke of a key on a keyboard. Will they? I don't think so because silver is the KEY to freeing the people of the world from our banking controllers. Silver has the power to destroy the Global Monetary Structure and when the time is right...silver will deliver the final blow to the bad guys. The question we need the answer to is..."IS IT TIME?" I believe we will find the answer to that question in the coming weeks.
For now - stay on the sidelines with your physical silver in your own possession. Ride out the looming gyrations of COMEX price manipulation - up and down as it should get very volatile!
This silver battle is not your battle to win.
This battle is about survival.
He who holds physical silver in his own possession holds the key to his financial future.
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
The total silver futures and options traded in August 2012 was over 1,370,000 contracts or 6.8B OUNCES! [ THERE IS NOT 6.8 BILLION ONCES OF SILVER PERIOD]

Goldmanites Fall Out of the 1%

Investment bankers are making less, but don't expect Occupy Wall Streeters to be happy.

www.cnn.com
Goldman CEO Lloyd Blankfein is cutting pay
FORTUNE -- The 99% may soon have some new members - employees of Goldman Sachs.
The average compensation at Goldman (GS) is likely to fall by nearly $100,000 by the end of next year as new regulations, fewer deals and legal payouts hurt the firm's profitability. That's the conclusion of a recent report from a European division of rival JPMorgan Chase (JPM).
As recently as two years ago, Goldman's annual pay, which includes everyone from the people who work in the firm's IT department to CEO Lloyd Blankfein, had averaged $412,000. That salary put employees of the elite investment bank solidly in the top 1% of all earners in the United States. Last year, the cut off for the 1% was $368,000.
MORE: Forget 4 years ago: We're worse off than in 2011
But by the end of next year, though, analysts at JPMorgan Cazenove expect compensation at Goldman to average just $314,000. That will bump the average Goldmanite all the way down to near the bottom of the top 2% of all U.S. earners. The cut off for the 98% tops out at around $290,000.
Needless to say, this is not nearly the crushing blow to the Masters of the Universe that some hoped the financial crisis would be. And remember this is average compensation. There are still plenty of Goldman bankers who make millions. Blankfein was paid $12 million for 2011.
Back in 2008 and 2009, though, there was talk that the near collapse of Wall Street, and the fact that the government had to come to the rescue, would force financial firms to rethink how, and how much, they pay their employees. Washington appointed a pay czar. The Federal Reserve instituted new rules. Clawback provisions became the norm.
MORE: Goldman's fall from grace continues

continued here

BREAKING NEWS: Paris Club

http://www.myspace.com/tom_heneghan_intel/blog
Tom Heneghan explosive intelligence briefings ALL patriot Americans MUST know, with sources inside American/European intelligence agencies and INTERPOL, reporting what is really going on behind the scenes of the corporate-controlled, fascist, extortion-friendly propaganda U.S. media's massive deceptions
Monday September 10, 2012
Paris Club Pivots
By Tom Heneghan, International Intelligence Expert

http://en.mercopress.com/data/cache/noticias/32147/0x0/christine-lagarde.jpg.jpg
Christine Lagarde, President, IMF
(International Monetary Fund)

source
UNITED States of America - It can now be reported that IMF President Christine Lagarde and the Paris Club have signed off on the final implementation of the Wanta-Reagan-Mitterrand Protocols.

French President Francois Hollande, Spanish President Mariano Rajoy and Italian Prime Minister Mario Monti, along with the German Bundesbank, are fully in accord.

The final implementation of the Wanta-Reagan-Mitterrand Protocols will wipe out Chinese debt, reduce derivative exposure of the European Central Bank (ECB) and reduce the U.S. budget deficit to ZERO within 60 days.


P.S. German Bundesbank President Jens Weidmann and IMF President Christine Lagarde have warned the German Deutsche Bank to re-collateralize now or face nationalization.

P.P.S. At this hour, forces close to U.S. Flag Officers are reporting that a direct warning has been sent to Federal Reserve Chairman Bernard Bernanke that Bernanke is not going to be allowed to use the insured FDIC savings accounts of average Americans as collateral on the back end of the yield curve to do another derivative ponzi scheme disguised as alleged stimulus to bail out Bernanke's 'handlers', the crooked banks and his crony private investors.

http://www.financialregulationforum.com/wpmember/wp-content/uploads/2011/03/Sheila-Bair-fdic.jpg
Sheila Bair, former FDIC Chairman
source

In closing, we want to congratulate former FDIC Chairman Sheila Bair for fingering Bernanke and his cronies for even considering such an outrageous policy.