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U.S. Summons Only Super Elite Bankers To Post Bailout Meeting
- Text size
Economic Policy Journal
October 13, 2008
The Bush administration summoned executives from leading banks to a meeting in Washington Monday afternoon to work out details of the $700 billion plan.
- A d v e r t i s e m e n t
And, as they say in Chicago, "If you are not at the table, you are on the menu."
For the record those expected at the table are:
Goldman Sachs CEO Lloyd Blankfein, Morgan Stanley CEO John Mack, Citigroup CEO Vikram Pandit, JPMorgan Chase & Co. CEO Jamie Dimon, and Bank of America Corp. CEO Kenneth Lewis were all asked to attend. There was some speculation that Paulson might have expanded the invitation to at least three other CEOs from various regional banks, people said.
The FDIC directly examines and supervises about 5,250 banks and savings banks, and Paulosn invites at most 8 bankers to discuss how to divvy up $700 billion?
"It was expected that whatever comes out of the meeting will be used to put the finishing touches on the plan," AP reported its sources as saying.
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October 13th, 2008 at 8:14 pm
I grew up in Chicago, but had never heard that saying until this article.
I like it though.
October 13th, 2008 at 8:28 pm
meeting is about the amero new currency for the us canada and mexico
October 13th, 2008 at 8:50 pm
This is the end of the US. The economy is on its way out for good. Get your gold, put away food. Pray for tommorow.
http://www.TacticalWarfighterGear.com
October 13th, 2008 at 8:52 pm
This is all so simple – we use to glorify God in this nation and he blessed us. We then decided to murder babies, glorify sodomy, snort drugs up our noses and consequently spread violence and corruption all over the world, play musical spouses, outlaw God’s commandments and the name of Jesus Christ in our society, preach a false gospel in most churches…etc. It is the ultimate stupidity to think that we can practice such wickedness and maintain freedom and prosperity. If you expect anything but slavery and destruction for this nation after what we have done, you don’t know truth. Quit whining – it is harvest time and we will now reap what we have sown! You shouldn’t even be surprised by anything you read on this website. We planted it. Would you be surprised to plant an orange grove and then learn that oranges were growing. Wake up!
October 13th, 2008 at 8:53 pm
The antichrist beast system is America
October 13th, 2008 at 9:01 pm
Look what they are doing in your face! The first guy in this vid telegraphs what they are going to do. The second guy in this vid telegraphs what it will cause.
http://www.youtube.com/watch?v=NRPLujl8v3s
October 13th, 2008 at 9:16 pm
No the meeting is to let them all have here say in how to build a system that works for them and makes them all lots of money.
This is the same meeting they did with oil companies before they carved up Iraq and Afghanistan.
The smoking gun of fraud is the fact they pull this before the end of Bush’s legacy.
This is his last present to us the people for electing him.
Well, for letting him steal the election and our liberties.
Don’t worry, as long as Paulson is on guard. There won’t be any other wolves eating the chickens.
One wolf guarding the hen house means we only lose 1 chicken a day.
Those bankers can only look at the menu before ordering.
October 13th, 2008 at 9:16 pm
Shawn ( douche) Hannity’s fisrt words today were, See the free markets work , the market CORRECTED ITSELF ! I laughed so hard I thought I would pass out . Is he really this stupid or, is he so neck deep in
Bush’s ass that he feels obligated to cheer the end of America . When inflation takes every ones ability to
just feed his family remember, who the traitors were .
October 13th, 2008 at 9:19 pm
Sow and reap, you are right.
“Be not deceived; God is not mocked: for whatsoever a man soweth, that shall he also reap.” (Galatians 6:7)
October 13th, 2008 at 9:26 pm
The neo con talking heads only read the crap they are given to regurgitate.
October 13th, 2008 at 9:30 pm
Hannity is a “Koolade” drinker… I used to enjoy listemning to him..but not anymore.. he is overbearing.. He is a baised as the liberals he engages..
October 13th, 2008 at 9:37 pm
I think Hannity is a witting tool of the Establishment and knows exactly what he is doing; nobody is as stupid as he appears to be. He should be on the list of those prosecuted for crimes when this is said and done.
October 13th, 2008 at 9:51 pm
Ok Hannity does not know anything come on now are you serious. That just sounds stupid and frankly just plain retarded. Hannity isn’t the best but he is better than most. And even if you don’t liek him he doesn’t know anything about the New World Order. That is just stupid and uncredible. There only a few in on it.
October 13th, 2008 at 10:56 pm
#13 more study less posting, you are the one who don’t know shit. Hannity is scum,, a true devil, he knows nwo, he is doing his part as he believes will get him a spot. Problem for scum they’ll all be outside the gates. As for reap and sow, you should find out the name of the messiah before you go talking about some Zeus because Zeus is not the messiah Yahshua is, and there is only one name under heaven by which you must be saved and that name cannot be and never has been Jesus, the letter j and the sound of the j is not and never has been a hebrew letter or sound.. The messiah’s name is Yahshua which means “Yahweh will save his people from their sins” Jesus means “he saves” and the he is God or Baal (Lord).
Now as far as everything else you said about reaping and sowing, well said. Anyone remember Japan? Huh? you say pearle harbor was false flag? And the stupid american’s loved every minute of the vaporization of hundreds of thousands, and still are enjoying screwing and then killing the baby either the next day, or down the road and on and on. Yep this country has had a whippin coming. But first comes the Nuclear Baby being born and it will destroy 1/3 of mankind in and around the great river Euphrates, FIRST, The usa will stay strong till the end, but be assured people the nuclear baby is being held back at this time and is long over due.
Look up the Nuclear baby and find out what you’ve been missing. Look up those names and see what you’ve missed out on. Read your bible and see if you yes you, the guy who thinks he’s saved have missed something. Maybe like the laws. Oh you say Jesus did away witht he laws, show me in scripture, show me the messiah’s words where he did away with the laws. Show me where ? Oh that’s right you can’t, because it aint there. To repent is to stop sinning. To sin is to break the laws of Yahweh, 1John 3:4 Righteousness is deut6:25 and blessed is he who keeps Yahweh’s laws so that he may have right to the tree of life and enter in through the gates to the city. For outside are murderers dogs whoremongers and the elite bankers and nwo.
I’m so glad to see someone saying that this country has lost it’s way, not that it is just the elitists doing it all to us. Remember the land vomits out it’s supposed owners when they practice God worship (the worshipping of Lords and Gods and Angels and Idols), and so you shouldn’t be suprised when you see foreigners like the mexicans getting housing loans and special treatment and the rest of us getting screwed.
Read deut 28-32 and you will see that the laws were set, and the blessings and curses are set. Forever I might add! REPENT, and then be converted to the keeping of Yahweh’s laws, this is the only way to eternal life. There is no other way spoken of in the scriptures period
October 13th, 2008 at 10:58 pm
Insannity is a son of a bitch ans is difiniteluy in on the shit.
October 13th, 2008 at 11:10 pm
This is so disgusting. These are the banks that are getting money from the bailout injected directly to them:
http://afp.google.com/article/.....u-HTGV7zOg
According to The New York Times, Citigroup and JPMorgan Chase were told they would receive injections of 25 billion dollars each; Bank of America and Wells Fargo would get 20 billion dollars each; Goldman Sachs and Morgan Stanley would each receive 10 billion dollars; and Bank of New York Mellon and State Street were each due to get two to three billion.
Goldman reorganized into a traditional bank before the bailout was passed, of course they knew this was coming. I am repulsed by this, and more so the fact that they are doing this out in the open! No shame, no fear. It realy is unbelievible.
October 13th, 2008 at 11:18 pm
Wake up, Sean. There ARE only a relative few in on it at the absolute core, but there are thousands of witting accomplices, those willing to sell their souls to get ahead and, yes, even some useful idiots who believe they are doing good work while carrying out the plans of evil. Like I said before, I would classify Hannity as one of the witting accomplices.
“The Central Intelligence Agency owns everyone of any significance in the major media.”
Quote by:
William Colby
(1920-1996) former Director of the CIA
October 13th, 2008 at 11:20 pm
To #13 and #14. Did you know in the bible (the passage escapes me), but it states to follow the laws of the land as well as God’s law. I don’t mean anything by this post, just food for thought.
October 13th, 2008 at 11:23 pm
By the way, Bill Colby, who I quoted in another post, died in an unusual canoeing accident; he left his dinner on the table, went out for a canoe excursion on a stormy night (most unusual, said family members) and was found dead at the bottom of the river a few days later. Gotta watch that canoeing at night.
October 13th, 2008 at 11:36 pm
Let’s see, you put all the Bankstas in one conference room with Bush/Cheney, sounds just like the Secret Energy Task Force Meeting at the start of the Chimp/Cheney Regime. No minutes or recordings were ever released. Is this the sequel? Inquiring minds need to know! Did they play that cool song “For The Love of Money” as they entered and left? Hmmm.
October 13th, 2008 at 11:39 pm
Sounds to me like a mini me Bilderberg meeting! D !
October 13th, 2008 at 11:39 pm
Welcome to Amero World. Everyone should bombard the White House with emails and phone calls demanding to have the minutes of that meeting. IT IS TAXPAYERS’ MONEY THEY ARE OH SO FUCKING WITH!
October 13th, 2008 at 11:47 pm
These banks are all the ones the government is investing in.
Its disgusting. Just before the bailout, Goldman reorganized into a bank holding company from an investment bank, and now they are getting money from Paulson under the bailout.
The Treasury plans to spend $25 billion each for stakes in Citigroup and JPMorgan, people said. Another $25 billion will be divided between Bank of America and Merrill, which agreed last month to be acquired by Bank of America. Wells Fargo is to get at least $20 billion, Goldman and Morgan Stanley will each get $10 billion, and State Street and Bank of New York will get about $3 billion each, people said.
This is disgusting. And they are doing it out in the open. No shame, no fear.
October 13th, 2008 at 11:48 pm
Podium gets carried away during Bush toast
By DEB RIECHMANN, Associated Press Writer2 hours, 4 minutes ago
Italian Prime Minister Silvio Berlusconi toasted President Bush with pieces of a podium Monday night while House Speaker Nancy Pelosi was dubbed a “prima donna” during translation in a Columbus Day official dinner at the White House.
In his haste to honor Bush, Berlusconi accidentally bumped the podium from which he was speaking in the crowded dining room. It fell apart, leaving the grinning Italian to advance on the president with just its top and attached microphones. The crowd of prominent Americans, Italians, and Italian-Americans burst into appreciative laughter and applause.
“I’m 100 percent confident that we’ll be friends forever,” Berlusconi said.
Earlier, Bush singled out Supreme Court justices Antonin Scalia and Samuel A. Alito Jr. as the first Italian-Americans to hold their positions. Bush also gave Pelosi, an Italian American and a Democrat, a nod for being the first woman speaker, which was translated into Italian as “prima donna.” She chuckled, as did the audience.
The guests, including singer Frankie Valli, were entertained by performances from the hit musical “Jersey Boys” including some of the greatest hits of Valli and the Four Seasons, including “Big Girls Don’t Cry” and “Walk Like a Man.” At the end of the performance, Bush jumped up onto the stage to thank the performers, joined quickly by Prime Minister Berlusconi. “Frankie, come on up,” Bush said, hugging Valli as he came onstage.
The dinner capped a day of meetings with Berlusconi, during which Bush announced that his administration will work to implement measures to help banks gain access to capital, strengthen the financial system and unfreeze credit markets.
“These are tough times for our economies yet we can be confident that we can work our way through these challenges and America will continue to work closely with the other nations to coordinate our response to this global financial crisis,” Bush said Monday morning.
Berlusconi was in Washington after attending a meeting in Paris with leaders of countries that share the euro as currency. He said European countries have taken action that he hopes can prevent a financial crisis from damaging the economy.
“I am 100 percent sure and confident that we have the means and ways to prevent this from happening, and that the wealth of our citizens, the wealth that our citizens enjoy, will not be affected by this,” the Italian leader said.
The Bush administration summoned executives from leading financial firms to a meeting Monday at the Treasury Department to work out details of the $700 billion plan aimed at thawing frozen bank lending that is stifling the economy.
The discussion focused on finalizing a financial market stability plan. which Congress passed on Oct. 3. The plan involved the government taking partial ownership in banks and purchasing bad debt from financial companies.
In Europe, central banks have begun taking unified actions to ease the credit crisis, which has shaken the global banking system. European markets opened strongly Monday following Asia’s lead in response to the widespread government initiatives, a sign that coordinated efforts by European and U.S. authorities to prop up the banking system is bringing some relief to markets.
“We’re addressing global challenges with determination and vision and with confidence,” said Bush. who met over the weekend with finance officials from around the world. “People all over the world are understandably concerned about the global financial crisis and about how it will affect their families and their businesses.”
Members of the U.S. and Italian media were assembled in the Rose Garden for the morning event. Typically, Bush’s public statements alongside a foreign dignitary conclude with Bush and his foreign guest fielding inquiries from the media. But both Bush and Berlusconi left their podiums without taking any questions. A White House spokesman said that with the election just three weeks away, “you’re not going to get a lot of questions from this president.”
October 13th, 2008 at 11:50 pm
Old World Order–maybe we should tell that to the lawbreakers-both God’s and man’s laws-who have hijacked our government and are hell bent on enslaving the rest of us.
October 14th, 2008 at 12:07 am
Any minute now they will be announcing the “Amero” or some shit. Then the microchips.
October 14th, 2008 at 12:27 am
Financial guru Andy Gause has just related that the Fed has infused over $600 billion dollars into the major banks. Start with Goldman Sachs, JP Morgan and go on. You get the picture.
October 14th, 2008 at 12:36 am
YOU PAID THEIR TAX
YOU USED THEIR BANKS
YOU BOUGHT THEIR CHINESE GOODS
YOU USED THEIR TOLL ROADS
AND NOW YOU’RE COMPLAINING?
October 14th, 2008 at 12:45 am
Well said (Jasmine #26)
October 14th, 2008 at 1:15 am
join the r3volution http://www.myspace.com/fighttheilluminati
October 14th, 2008 at 2:06 am
So how do you rectify this problem? Quite simple, by implementing global taxation based on net worth of individuals (billionaire tax) which would include the offshore accounts and Swiss accounts. If you don’t declare the wealth, you loose it or you will never be able to spend the secret accounts. Forbes 500 has a list of these net worths. Tax the over $4.5 trillion at 10%-30%. With the current movement of money today, this amount could far exceed this prior net worth of $4.5 trillion listed in Forbes 500.
October 14th, 2008 at 2:34 am
http://www.thepentacon.com http://www.donaldtrumphair.com http://www.obamacrimes.com not legal to run for president.
October 14th, 2008 at 4:54 am
…Ah-bdi…be damn !!! ” Super ” Elite yet !!! As if ” Elite ” wasn’t brazen enough for these
coffin larvas ?!?
October 14th, 2008 at 6:45 am
Tyrany last only as long as the oppressed tolerate it. They are putting in our faces because they know they can without retribution. While they get rewarded bail outs, we commit suicide and patiently stand in unemployment lines. They go on expensive vacations, we verbally complain while losing our homes. They commit crimes, we go to jail for tax evasion. When the masses rise together against this monster and slay it, only then will true justice be found.
October 14th, 2008 at 7:32 am
Rick78X …..I could not agree with you more and I pray my cowardiced countrymen remove their heads from their rectums and start this thing.
October 14th, 2008 at 10:03 am
yes i agree, i would much rather see amateur bankers handling $700b. hopefully they dont bail out the banks so then they collapse which makes the economy better off. right? ah well at least were not helping the rich snobs. cutting the nose off to spite the face anyone?
October 14th, 2008 at 10:48 am
http://www.aniboom.com/video/2....._campaign=
October 14th, 2008 at 10:52 am
I think they are going to try to buy up any and every bank they can get their hands on. That way they will then controll all the banks totally.
October 14th, 2008 at 11:28 am
THE BUY UP: EXACTLY. THEY’LL LAY WASTE TO SMALLER BANKS OR THOSE OF THEIR CHOOSING SO THE LARGER BANKS GAIN ALL THE CONTROL. WHEN THE MEDIA BEGAN TO RELEASE INFORMATION ABOUT THE FIRST BANK THEN THE SECOND AJ WAS ALREADY SAYING THE NUMBER WAS WAY HIGHER THAN THAT AND DAMN IF HE WASN’T RIGHT.
October 14th, 2008 at 11:37 am
JASMINE
WHY DO YOU BOTHER COMING TO THIS SITE. HERE WHEN I THOUGHT WE WERE DONE HEARING FROM YOU. WHAT HAPPENED THE OTHER PEOPLE GREW TIRED OF YOU TOO. TO ALL NEWCOMERS ON THIS SITE JASMINE IS AN INSTIGATOR. I HOPE SHES ON THEIR PAYROLL OR HE/SHE IS REALLY GETTING THE SHAFT. NOT TO SMART IF THATS THE CASE.
October 14th, 2008 at 11:46 am
DAN FROM AZ: allowing trickery into your life is no reason to complain later. hate to tell you this but ive been on this site for years and this JASMINE character has tricked you as well. she has been a constant irritation on this site til he/she finally gave up but i see he/she is back spewing b.s again. i would hope they pay him/her for it but i doubt it.
October 14th, 2008 at 12:00 pm
my post are not going thru concerning JASMINE hopefully this one will. DAN FROM NZ and AMERICAN CITIZEN ive been on this site for a long long time and this JASMINE character has instigated alot of trouble. JASMINE finally stopped but i see he/she is back.
October 15th, 2008 at 12:12 am
Same thing Ireland did.