Prison Plant TV
  • Listen to Alex Jones
  • Decision to award bailout money to City National Bank probed

    • Text size
    • Larger
    • Smaller

    Ralph Vartabedian
    Los Angeles Times
    January 2, 2008

    Can a $400-million injection of federal bailout money to the “bank to the stars” in Beverly Hills really help revive the troubled U.S. economy?

    • A d v e r t i s e m e n t
    • economic crisis   Decision to award bailout money to City National Bank probed

    That’s one of the questions the Treasury Department’s inspector general is asking in a review of the decision to award bailout funds to City National Bank, The Times has learned.

    The inspector general’s examination of the funding for City National reflects growing concern in Washington about whether the banking bailout is working. In a private meeting Dec. 10, top financial regulators, including Treasury Secretary Henry M. Paulson, acknowledged the difficulty of keeping track of the massive funding and measuring its effects on the economy, according to documents released Wednesday.

    Read article

    • Social bookmarks
    • Social bookmarks
    • Email this article
    • Email this article
    • Print this page
    • Share on Twitter

    Comment Rules

    27 Responses to “Decision to award bailout money to City National Bank probed”

    1. BR549 Says:

      Busted.

    2. Ray Says:

      Yes the bailout is indeed working! It works for the thieves anyway.

    3. snow3d Says:

      Yes. Let us continue to employ the fox to guard the hen-house.
      Uh….Mr. Paulson we need you to find out why all of the money loaned to these banks is not stimulating the economy.
      I’m on top of it!

    4. ACL Says:

      Yes, when you lend money you don have, create money that doesn’t exist and then borrow money you can never pay back, while a slave to the Federal Reserve Bank, it’s bound to work, especiallly now that Mr. Change is on his way.

    5. Glen2Gs Says:

      Good News/Bad News in California Real Estate Market

      Home sales reported UP as much as 84% in some areas…

      Bad News…Home Sale Prices are Down to 2003 Price level…

      http://www.inman.com/news/2008.....home-sales

    6. Delphi Says:

      Yep, Show me another story about corruption and Ill show you another example of where the american sheeple wont do a thing about it. China, Russia, even piss ant arabs… its all free for the taking, easy pickings now, you dont even have to fight for it its all yours.

      http://www.TacticalWARFighterGear.com

    7. ILoveAmerica Says:

      How about an audit from the federal reserves partner in crime THE IRS. I’m sure they can find the money, because they do a damn good job keeping track of what I make and what I spend.

    8. roaddog Says:

      Can’t let our amerikahn idiots (I mean idols) go down the s---ter now can we.

    9. Toecutter Says:

      Corruption. Absolute power corrupts absolutely. Paulson your a piece of s--- and a thief. Paulson and all his cronies have used sophistry, fraud, deception and just plain bald face lies to continue his robbery of the American people for generation into the future. His arrogance, audacity and contempt of the American public is unparalleled. Yet continues his looting and lies and we the public sit and do nothing. The Congress and Senate have done nothing and will do nothing because of their complicity and cowardice. They, Congress and Senate are little less that political puppets for the bankers and should be considered expendable. Your time is coming you son of a bitches. You and all the rest of you useless fu*ks. God himself wont save you now because he wants you dead too.

      The change the pilgrims thought they would get wont be what they wanted. But they will shut up like good little puppets and bite their secretly fascist tongues so as not to have to admit the idiocy of their vote in public. The beauty of the secret vote. Letting the new regime move forward unchallenged and unfettered.

      All the pretended probes and examinations are only for show and to give the appearance of concern and maintained of propriety of the bailout scheme. The scam continues. They are not done yet.

    10. Khan Says:

      I agree with Mr. Toecutter, a lot of things are wrong in our counrty and public seem to not care about it. Any solution to it?

    11. DonS Says:

      Solution: give the money to the American people free of interest and let them spend it.

    12. coqui Says:

      The bailout was a gimmick. We knew it, we protested against it, we told our ‘representatives’.

      Now they come with another gimmick: ‘investigations’.

      Yeah, right. Investigate my ass.

    13. P R O P A G A N D A W E R K S Says:

      Speak up at:

      http://propagandawerks.blogspot.com

    14. Casual Observer Says:

      I hope the US GVT continues to sponsor fiat bailout into the trillions.

      I want this country so financially broken that the GVT cannot afford the welfare programs and has to admit that the FED is not an entity of GVT and slam the average dumb ass citizen’s face in the dirt and grind them on the neck with a boot to the back of their heads…. THEN maybe they will figure that out since they are too stupid to learn how this country came to be where it is finacially….

    15. prof5759 Says:

      Hey casual observer, how obvious of a shill can you be. Where are you in the social scheme that you are above the average American? You are blaming the average American citizen for the illegality of the fed? The obvious stupidity of this illusion is proof that, either you are being FED this propaganda by the FED, or you are unbelievably stupid!
      This country is where it is economically and financially because of the federal reserve. Please try to explain the logic of your comment. Why do you think the citizens face should be… slammed in the dirt and grind their neck with a boot to the back of their heads??????????????????????????????

      What an @#*hole!

    16. Casual Observer Says:

      I am not a “shill” because I beleive in accountability on a personal level.. In fact anyone who beleives otherwise is a parasite.

    17. gibson 88 Says:

      is this a token investigation?
      i mean the sums here are not billions but millions…

    18. Gary Gann Says:

      ALEX JONES, WHEN ARE YOU GOING TO GET WISE? OSAMA BIN LADEN WANTED TO BRING DOWN THE USA, JUST LIKE HE WANTED TO BRING DOWN THE SOVIET UNION. WHEN ARE YOU GOING TO GET WISE THAT THE GODDAMNED FBI WORK FOR OSAMA BIN LADEN? THEY HAVE BEEN ALL ALONG. WHEN ARE YOU GOING TO GET WISE THAT THE FBI AND THE POLICE ARE THE TERRORISTS? THEY ARE THE AL QAEDA. WHEN ARE YOU GOING TO GET WISE THAT YOU AND NANCY GRACE AND BRITNEY SPEARS AND JEWEL KILCHER DID EXACTLY WHAT OSAMA BIN LADEN WANTED YOU TO DO? WHY DO YOU THINK THE POLICE AND THE FBI ARE SO DESPERATELY TRYING TO SMEAR THE PATRIOTS? WHY DO YOU THINK THEY’RE SO DESPERATELY TRYING TO KEEP TRUE AMERICANS FROM HAVING FIREARMS? THE GODDAMNED FBI AND THE GODDAMNED POLICE AND THE GODDAMNED CIA, WITH ALL THEIR REPORTERS, PUBLISHING THEIR COVER STORIES TO THE AMERICAN PEOPLE, ARE THE GODDAMNED TERRORISTS. THE MILITARY SHOULD GET SOME AA-12′S AND PUT ALL OF YOU OSAMA BIN LADEN ASS-KISSERS OUT OF BUSINESS PERMANENTLY. QUIT DEFENDING OSAMA BIN LADEN. THE MAN IS AN ANTI-CHRIST ASSHOLE, WHO THE POLICE AND FBI AND CERTAIN CELEBRITIES AND CERTAIN REPORTERS HAVE LICKED HIS ASS RAW DOING EXACTLY WHAT THE SON-OF-A-BITCH WANTED THEM TO DO. I KNOW FULL WELL HOW THE SON-OF-A-BITCH HAS TRIED TO BURN ME, BECAUSE I KNEW OSAMA BIN LADEN’S PLANS ALL THE WAY BACK TO 1986, AND ALL OF THESE SON-OF-A-BITCHES THAT HAVE TRIED TO SHUT MY MOUTH ARE CO-CONSPIRATORS WITH OSAMA BIN LADEN. AND THESE SON-OF-A-BITCHES ARE BEING HUNTED DOWN. THEIR FAMILIES ARE BEING HUNTED DOWN. THE STATE OF ALABAMA HAS MASSES OF PILES OF s---, WORKING FOR OSAMA BIN LADEN, POURING DISASTER UPON DISASTER UPON THE AMERICAN PEOPLE. THE DAY THE PENTAGON GETS WISE AND REALIZES WHAT THAT SON-OF-A-BITCH E. HOWARD HUNT DID AND REALIZES WHAT THE FBI AND POLICE DID, PROTECTING OSAMA BIN LADEN, AND THAT SON-OF-A-BITCH E. HOWARD HUNT, THE DAY THAT THE U.S. MILITARY PUTS THESE OSAMA BIN LADEN WHORES AT THE FBI OUT OF BUSINESS PERMANENTLY IS THE DAY THAT THEY WILL SEE VICTORY OVER THE GODDAMN TERRORISTS. GOD IS A JUDGE AND GOD IS JUSTICE, AND THE AMERICAN PEOPLE WILL NOT STOP BEING PUNISHED UNTIL ALL OF THEM SON-OF-A-BITCHES THAT CRIPPLED ME AND SLANDERED MY REPUTATION ENSURING THAT THE UNITED STATES WOULD BE HIT WITH TERRORIST ATTACKS. NOW, YOU AND YOUR VIOLET AND BRITNEY SPEARS AND JEWEL KILCHER AND NANCY GRACE KISSED OSAMA BIN LADEN’S ASS, LIKE THE TERRORISTS YOU ARE. AND YOU WILL ALL BE HELD ACCOUNTABLE FOR TRYING TO STOP ME FOR TRYING TO WARN THE AMERICAN PUBLIC OF OSAMA BIN LADEN’S TRUE INTENT. GOD KNOWS THE TRUTH AND GOD WILL CONTINUE TO POUR OUT WRATH UPON THE AMERICAN PUBLIC UNTIL THEY GO AFTER THESE GODDAMNED CIA SPOOKS, SABOTAGING, STEALING AND SMEARING THE REPUTATION OF THE TRUE AMERICANS, THE AMERICAN PUBLIC WILL CONTINUE TO BE PUNISHED UNTIL THEM SON-OF-A-BITCHES AT THE FBI COMBINATION OF GODDAMN COMMUNISTS AND GODDAMN MUSLIM FASCIST. JUST A PILE OF ANTI-CHRIST PILE OF s--- IS WHAT THEY ARE. YOU KNOW THE BIBLE SAYS WHEN YOU DIG A HOLE FOR SOMEONE ELSE TO FALL IN, YOU FALL IN IT YOURSELF. WELL, THE GODDAMN CIA AND THE GODDAMN POLICE AND THE GODDAMN FBI AND THE GODDAMN REPORTERS AND GODDAMN CELEBRITIES DUG A HOLE FOR ME TO FALL IN. I GUARANTEE YOU THEY ARE THE ONES WHO ARE GOING TO FALL IN. GOD’S WORDS WILL NOT BE MOCKED. IF THESE SON-OF-A-BITCHES HAD LEFT ME ALONE, TERRORIST ATTACKS UPON THE UNITED STATES COULD HAVE NEVER BEEN CARRIED OUT. THE U.S. MILITARY MUST HUNT THESE GODDAMN CELEBRITIES DOWN AND HUNT THESE GODDAMN FBI DOWN AND HUNT THESE GODDAMN CIA LICKING-THE-AS-OF-THE-DRUG-CARTEL, AND LICKING-THE-ASS-OF-THE-GODDAMN-POLICE, DOING THE SAME GODDAMNED THING. THEY MUST BE HUNTED DOWN AND PUT OUT OF BUSINESS PERMANENTLY. ME AND GOD ARE SICK OF ALL YOU LYING, STEALING, FRAMING WEEDS, CHOKING THE GOOD CROP, CHOKING THE LIFE OUT OF THE TRUE AMERICANS. I’D SUGGEST THAT YOU AND YOUR CO-CONSPIRATORS REPENT, FAST. FOR LIKE THE DEVIL, YOUR TIME IS SHORT. SWEENEY TODD,!!!

    19. Jason Sieckmann Says:

      So…the guys that came up with the bailout now question that it works, that’s it, right?

      I mean, why would they ever think that just printing more money would work?

      Only a DUMBASS would think that.

      And an even BIGGER dumbass would say it to CNN.

      Oh wait, here’s one: http://mediacondom.com/?p=302

    20. adapt and overcome Says:

      they give all this money to the non producers of this country, which in turn will continue to produce nothing.
      had they given this amount of money to the american people, the economy would be smokin right now. you can bet yer ass on that. and the fed gov’t would get theirs anyway thru sales taxes.

    21. .DJ.O.R.B. Says:

      FCUK THE NEO-SCUM BLOOD-SUCKERZ, BOY BUSH & O”BAAAA”MA BIN LADEN TOO !!!!!

      TIME TO STAND-UP & BE COUNTED FOLKS. LET’S WIN THIS INFOWAR THAT WE’RE IN !!!

      SPREAD THE WORD, LET EVERYBODY KNOW WHAT ALEX HAS TAUGHT US !!!!!!!!!!!!!!!!!!!!

      RETURN POWER 2 THE PEOPLE, BY THE PEOPLE, & FOR THE PEOPLE :)

      LET THE REVOLUTION BEGIN ………………………………… ALEX JONES 4 PRESIDENT !!!!!!

    22. Ex-Believer, Critical Thinker Says:

      STAY TUNED! ANOTHER FUKING BAILOUT:

      PHILADELPHIA (Reuters) — Governors of five states urged the federal government to provide $1 trillion in aid to the country’s 50 states to help pay for education, welfare and infrastructure, as states struggle with steep budget deficits amid a deepening recession.

      The governors of New York, New Jersey, Massachusetts, Ohio and Wisconsin – all Democrats – said the initiative for the two-year aid package was backed by other governors and follows a meeting in December where governors called on President-elect Barack Obama to help them maintain services in the face of slumping revenues.

      Gov. David Paterson of New York said 43 states now have budget deficits totaling some $100 billion as tax revenues plunge.

      “It’s clear that the federal government needs to step in and jump-start the economy,” said Gov. Deval Patrick of Massachusetts.

      Public spending
      The latest package calls for $350 billion to create jobs by building or repairing
      roads, bridges and ………….BLAH Blah

    23. roger Says:

      ok. good piont ADAPT, but sales taxes are imposed by state and local governments not federal. the IRS collects INCOME tax in order to pay the interest that we owe to the bankers for lending us our own money. IF i make 50k then the federal government takes 30% then i spend the remaing 70% of the money, then the person that gets it pays income tax, then pays thier employees who also pay income tax. so after a few cycles of the same money, the federal government will end up with 99.9999999999% of it. this is a 3rd grade math problem but for some reason the EXPERTS can’t seem to understand that this is a problem.
      If they gave the bailout money to the people, nothing would happen to the economy. exactly nothing. FOR every dollar they create, every other dollar in existence is devalued accordingly, which means that the money in your pocket will go up but prices of the goods you buy will go up exactly the same amount. so itsa wash. the problem is, they thay invented trillions ofdollars so the prices of the goods will go up but you and I dont get any of the bailout money. THEY litterally have stolen trillions of dollars worth of wealth from the american people. WE ARE DONE. dont keep your money in the bank. or even in
      US currency. if the US bankrupts, then no more FDIC. and your dollar bills will be worth nothing.

    24. JT Says:

      Get ready for the Greater Depression caused by the gov’t and the private non-Federal Reserve.

    25. Bond, James Says:

      I’m sick and tired of Delphi and his advertising comments. If anyone else feels the same, here are some email addresses to send about a quadrillion messages to:

      Support Contacts:

      Public

      Questions & General Information:
      Info@tacticalwarfightergear.com

      Ordering Questions
      Orders@tacticalwarfightergear.com

      Customer Support:
      MadisonBeckett@tacticalwarfightergear.com

      Sales and Procurement:
      LaElLowry@tacticalwarfightergear.com

      Industry

      Interest Inquiries:
      RobertOrland@tacticalwarfightergear.com

      Security/Executive Protection:
      GarnerMead@tacticalwarfightergear.com

      Research and Development:
      Abrockway@tacticalwarfightergear.com

      Communication:
      AndrewMcKinley@tacticalwarfightergear.com

      Founder:
      BarronWorthington@tacticalwarfightergear.com

    26. living0history Says:

      I second #22 Alex Jones for president in 2012!

    27. ALEX JONES FOR PRESIDENT! Says:

      .