The NY Fed, and likely Geithner himself, undermined, perhaps even violated, laws designed to protect investors and markets.
Keep in mind, that Geithner ran Lehman through 3 "stress tests" prior to bankruptcy; all of which Lehman failed, and yet, nothing was done. Anton R. Valukas--the examiner who wrote the 2,200 page investigative-report which was released on Thursday-- has provided plenty of information detailing Lehman's “materially misleading” accounting and “actionable balance sheet manipulation.”
In other words, they cooked the books.


Adm. Mike Mullen, Chairman of the Joint Chiefs of Staff, came home with sweaty palms from his mid-February visit to Israel. Ever since, he has been worrying aloud that Israel might mousetrap the U.S. into war with Iran.
Federal investigators looking into corruption involving reconstruction in Iraq say they have opened more than 50 new cases in the past six months by scrutinizing large cash transactions made by some of the Americans involved in the nearly $150 billion rebuilding program.
Without regard for the severe economic devastation and loss of life that a war with Iran would create, Israel’s agents in the United States continue to aggressively stoke the fires of anti-Iranian rhetoric and mobilize their minions on the floor of the House. The Brzezinski-Soros machine failed in their attempt to effect regime change in Iran by way of a “color revolution” in the summer of 2009. This has only emboldened the Israeli lobby to pursue more drastic measures. There is only one card left for them to play before provoking conflicts that will most certainly catapult the United States into direct military action against the Islamic state.
Young combat veterans from Iraq and Afghanistan have another challenge waiting for them when they return home: steep unemployment. More than 1 in 5 can't find work, according to data released Friday by the Labor Department. The unemployment rate last year for veterans ages 18 to 24 reached 21.1%, compared to 16.6% for that age group as a whole.
In a giant auction, the federal government has agreed to sell for pennies on the dollar most of the 120,000 formaldehyde-tainted trailers it bought nearly five years ago for Hurricane Katrina victims. But the sale of the units, perhaps the most visible symbol of the government's bungled response to the hurricane, has triggered a new round of charges that it is endangering future buyers for years to come.
Pope Benedict once unwittingly approved housing for a priest accused of child sex abuse, his former diocese has said. The episode dates back to 1980 when he was archbishop of Germany's Munich and Freising diocese and known as Joseph Ratzinger.





























