There is going to be the need for some sort of world federation. We all share the same oceans,
breathe the same air and live on the same fragile planet.
We cannot continue with global anarchy and gangster controlled governments.
~Ben Fulford





Friday, November 16, 2012

Timothy Geithner's Handling Of Libor Scandal Draws Criticism


Timothy Geithner's Handling Of Libor Scandal Draws Criticism From Senators Mark Kirk And Charles Grassley

16 November 2012
As seen on Huffington Post By Douwe Miedema Reuters  |  Posted: Updated: 11/15/2012 8:37 am EST

LONDON, Nov 14 (Reuters) - Two Republican senators said on Wednesday they would block the confirmation of the head of a new U.S. regulatory office because they are unhappy about the way Treasury Secretary Timothy Geithner has handled the Libor rate-rigging scandal.

Republican Senators Charles Grassley and Mark Kirk said they would hold up a vote to confirm Richard Berner, a former Morgan Stanley economist who was appointed by President Barack Obama late last year to head the Office of Financial Research.


To read the rest of this posting see Huffington Post

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