. September 26, 2008 SouthAmerica: Here is a list of qualified candidates that Treasury Secretary Paulson should consider to be the person in charge of his Wall Street bailout fund: Last night I watched the Larry Kudlow - Wall Street Show on CNBC - It seems to me that he does not understand why people need to know the details about the bailout to approve the bailout â Congress should pass the $ 1 trillion dollar bailout ASAP and later on they will figure out how the details of the bailout will work. Those people in Congress are too picky, and fussy and why they want to know how the bailout is going to work? He was discussing with members of a panel how the Secretary of the Treasury should be allowed to choose the person who will be in charge of the latest Swindle and they donât want that person to waste time going through a government approval process. Larry Kudlow believes that the people who created the sub-prime and other massive financial messes on Wall Street have a better background and practical experience to fix the current financial mess. That is why they donât want to disclose to Congress the detail of their plan to fix the financial markets. Here I have a list of candidates that might be able to get the job done and should be on top of the list of Wall Street candidates: 1) Bernard Ebbers (WorldCom) 2) Jeffrey Skilling (Enron) 3) Andrew Fastow (Enron) 4) Dennis Kozlowski (Tyco) 5) John Gotti Jr. 6) Michael Milken âThe junk bond kingâ Note: Kenneth Lay from Enron is not on the list of candidates because he is not available because he died a few years ago. John Gotti Sr. also died, but John Gotti Jr. is available right now. Michael Milken should be considered a favorite among the most qualified candidates available to run the new $ 1 trillion dollar US government Wall Street bailout â he has an advantage over his competition when the time comes for the final selection â he is out of âPrisonâ and ready to go to work. . ************ The New York Times published an article yesterday about the shenanigans that Bill Gross has been involved that helped him make $ 1.7 trillion dollars for his fund overnight as in the case of Fannie and Freddie. Now Bill Gross is one of the people who are advising Treasury Secretary Paulson about what to do regarding the next scam. It is interesting that Alan Greenspan also helped Bill Gross to set up the nationalization of Fannie and Freddie at the expense of US taxpayers. In the old days the architects of scams like that landed in prison after the scam had been scrutinized and their full participation on setting up the scam had been proven. .
. September 26, 2008 SouthAmerica: Reply to Prevail Sorry to disappoint you but Chuck Noris does not have the right qualifications for this particular job. Wall Street bailout Fund: Main qualification required for the job of Chief Swindler: 1) Needs to have a well-established reputation as a scam artist and a crook. 2) Needs to have complete lack of integrity 3) Needs to be a liar 4) Needs to be completely unethical 5) Very good skills as a BS artist. 6) Political affiliation not important since they are trying to get the best swindler they can get. 7) Needs to have a good network of friends who also were involved in major financial scams .
I nominate Anne Hathaway's boyfriend. Anyone who doulblecrossed the Clintons and lived to tell about it, is skilled, very skilled.
1) Needs to have a well-established reputation as a scam artist and a crook. 2) Needs to have complete lack of integrity 3) Needs to be a liar 4) Needs to be completely unethical 5) Very good skills as a BS artist. 6) Political affiliation not important since they are trying to get the best swindler they can get. 7) Needs to have a good network of friends who also were involved in major financial scams ------------------------ No idea who, but we grow them, people aren't born this way.
. October 6, 2008 SouthAmerica: How to build âTRUSTâ into a corrupt U.S. financial system? Bring in one of your old cronies to help you take the system for a ride. ***** âPaulson picks interim head for rescue effortâ By MARTIN CRUTSINGER, AP Economics Writer Associated Press â October 6, 2008 WASHINGTON - The administration has selected a former Goldman Sachs executive to be the interim head of its $700 billion rescue effort for financial institutions. Neel Kashkari, the Treasury's assistant secretary for international affairs, was selected Monday to be the interim head of Treasury's new Office of Financial Stability. The designation was made by Treasury Secretary Henry Paulson, who was the head of Goldman Sachs before he joined the Bush administration in 2006. Kashkari, 35, will head the office created by the emergency legislation enacted Friday to fund the largest government bailout in history. THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP's earlier story is below. WASHINGTON (AP) â An official says the administration has decided to pick a key Treasury Department official to be the interim head of its $700 billion rescue effort for financial institutions. The official said Monday that Neel Kashkari, Treasury's assistant secretary for international affairs, will soon be announced as the interim head of Treasury's new Office of Financial Stability. The official asked not to be identified by name because the selection has not been announced publicly. The 35-year-old Kashkari is a former Goldman Sachs Inc. banker, the investment giant once headed by Treasury Secretary Henry Paulson. The new office was created by the emergency legislation enacted Friday to fund the largest government bailout in history. Source: http://news.yahoo.com/s/ap/20081006/ap_on_bi_ge/meltdown_kashkari .