Geithner Shields Citi at Taxpayer’s Expense?


News Flash:

No one should be surprised that “Little Lying” Timmy Geithner may have acted as a shield for Citigroup, at the expense of the American people.    Sheila Bair, who served as chairman of the Federal Deposit Insurance Corp during the crisis and its aftermath, leveled fresh attacks at Geithner for his possible illegal acts.   She states that Geithner was more interested in protecting Citigroup from the FDIC than protecting the taxpayer’s money from Citigroup.    So, will Geithner blame Turbo-Tax on this one too?

Needless to say, Geithner’s fellow goons state that every decision Geithner made to rescue large financial groups was done with the broader economy in mind; however, does it explain the huge bonuses?    So, a question that needs to be asked is…   Was it really bonuses that were paid out at Citigroup, or was it “Hush” money; so that, the public would not get wind of the scam that cost taxpayers billions and billions of dollars?

Source: http://www.ft.com


All content contained on the Hyper Report, and attached video is provided for informational and entertainment purposes only.    ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content in this video is provided without any warranty, express or implied.    No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.    Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this video is your sole responsibility.

120814 – JPM Admits $150B Asset Fraud



Today’s Items:

First…
Even the Mainsteam Media Now Thinks Germany Will Walk
http://gainspainscapital.com

Make no mistake. The Euro will collapse because it is a absolute mathematical certainty.   While everyone in the EU claims to support the EFSF, that was designed as a financial safeguard, only 3 billion euros has been put into it.   The real options for Germany are to leave the EU, leave the Euro, or kick out the PIIGS.   Either way, the euro is as good as dead.

Next…
We Could See A 100% Increase in 90 Days
http://www.silverdoctors.com

Bill Murphy, whose London source predicts that gold and silver will go nuts in August, stated that JP Morgan is having a massive problem with their naked short silver position.   In fact, there has been a heavy covering of shorts in Chicago and New York that an imminent explosion in the price of gold and silver could be just weeks away. I certainly hope so…   Although I am not selling, this has been a long consolidation period.

Next…
JP Morgan’s $150 Billion FDIC Reality Adjustment
http://dailybail.com
http://www.law.harvard.edu

Officials at JP Morgan said it had a recovery plan in place, as ordered by regulators; however, get this…   The JP Morgan document details how a potentially $50 billion trading loss would be turned into a $200 billion trading loss as soon as the FDIC takes over.   Why?   Because they said that the FDIC would immediately write-down JP Morgan’s assets by $150 billion.   In short, Officials at JP Morgan have publicly admitted that they have miss-marked their assets by $150 billion! And one can be sure that this is the tip of the iceberg folks!

Next…
Problems Riddle Moves to Collect Credit Card Debt
http://www.cnbc.com

Like the foreclosure process, there are problems emerging in the debt collection practices of credit card companies.    Judges are saying that banks, like Citigroup, are churning out lawsuits without regard to accuracy and improperly collecting debts from consumers.   In addition, lawsuits included falsified credit card statements, produced years after borrowers supposedly fell behind on their bills.   Looks like these broke banks are getting desperate to get some form of money at any cost…     Whether legal or illegal.

Next…
Issa to Sue Holder
http://www.rollcall.com

House Oversight and Government Reform Chairman Issa plans to sue Attorney General Eric Holder for refusal to provide documents related to the “Fast and Furious” gun-smuggling operation.   Of course, if the suit is successful, one can expect the documents to have disappeared.   Perhaps we will have another Sandy Berger documents in the pants moment.

Next…
DHS To Purchase Another 750 Million Rounds Of Ammo
http://www.infowars.com

The Department of Insecurity, after purchasing 450 million rounds of hollow point rounds, has again made plans to purchase 750 million rounds.   So, they will have over a billion rounds of hollow point rounds that are strictly prohibited by international law for use in war.   Gee, guess they must be going rabbit hunting or something.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

All content contained on the Hyper Report, and attached videos is provided for informational and entertainment purposes only.   ‘Hyper Report’ assumes all information to be truthful and reliable; however, the content on this site is provided without any warranty, express or implied.   No material here constitutes “Investment advice” nor is it a recommendation to buy or sell any financial instrument, including but not limited to stocks, commodities, corporation, options, bonds, futures, or intrinsically valueless Federal Reserve Notes.   Any actions you, the reader/listener, take as a consequence of any analysis, opinion, or advertisement on this site/video is your sole responsibility.

120420



This Hyper Report is supported with physical silver by
Gregory Mannarino’s The Game is Rigged


Today’s Items:

First…
Spain is an Absolute Disaster
http://gainspainscapital.com

Well, the financial world is awash with reports that the Spanish auctions went well; however, you can be assured that the European Central Bank and the Federal Reserve were active players in monetizing Spain’s debt. With banking loans 170% of Spanish GDP and private debts near 300% of Spanish GDP, there is no other logical reason why any person, looking to make a decent return, would invest in Spain.

Next…
Weekly Jobless Claims Hit Higher Level Than Expected
http://www.cnbc.com

As the media tries to spin this as good news, jobless Claims at a revised 388,000 are higher than expected by the so-called experts. Next week, this weeks figures will be revised upward to over 390,000. Every week they have to revise the previous weeks figures upward.  Gee, I wonder why.

Next…
Americans On Hook For $291 Trillion in Derivatives
http://seekingalpha.com
http://www.usdebtclock.org/
http://www.investopedia.com

The national debt is reaching a mere $16 Trillion dollars and unfunded liabilities actually make that debt a little under $119 Trillion; however thanks to bailing out the too-big-to-fails and the backstop of the the FDIC… aka the taxpayer, the gross notional, or leveraged positional, debt is $291 trillion. In short, get out of paper folks.

Next…
Congress About To Pass Bill That Restricts Traveling, Driving and Banking
http://www.businessinsider.com

Senator Barbara Boxer, from where else.. California, is spearheading a measure to bring the U.S. even closer to a military police state.  This human waste of skin wants to eliminate any due process for American citizens suspected of tax violations.  In addition, there are provisions for the mandatory installation of Big Brother boxes in all new cars, starting in 2015. Of course, we may not have an economy, as many know it now, by 2015.

Next…
How States Can Protect Themselves From Financial Collapse
http://www.alt-market.com

Smart state leaders, and this definitely leaves California out, can protect themselves from the financial collapse by…
1. Stop accepting federal funding.
2. Enforce 10th amendment nullification
3. Set up a state bank that use gold and silver coinage
4. Improve resources and local markets within the state.

Next…
Without Warning, FBI Halts Intel Sharing
http://pjmedia.com

Without making any announcement, the FBI has ended critical intelligence sharing with all 77 law enforcement fusion centers nationwide. These fusion centers relied on this information and now the billions in taxpayer dollars used to build them have been wasted. Does the FBI fears leaks, abuse of power, and/or corruption? You decide.

Next…
16 Reasons To Move Away From California
http://endoftheamericandream.com

Here are a few…
1. Poverty is absolutely exploding in California
2. The state government and municipalities are essentially broke.
3. California has some of the highest tax rates in The nation
4. There is an epidemic of crime and gang violence in California
As goes California, so goes the nation.

Finally, Please prepare now for the escalating economic and social unrest. Good Day

The opinionated content contained in the Hyper Report text and videos are provided for informational and entertainment purposes only. Please use the information found within this site as a starting point for conducting your own research and before making any investing decisions. All stories are sourced and the information is assumed to be truthful and reliable; however, I cannot and do not warrant or guarantee the accuracy of this information.