‘NY Fed Under Geithner Implicated in Lehman Accounting Fraud’
Yves Smith calls for his resignation. I have little to add other than that Bill Black, a leading regulator in resolving the S&L crisis has long claimed that the financial crisis was not merely a result of bad decisions, but in large part due to overt fraud that was perpetuated by the largest financial institutions and blessed (or at least given a blind eye) by the government. If this turns into anything, it gives credence to that assertion.Click here for reuse options!
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