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Old 03-22-2009, 11:10 AM
 
Location: in Music Forum w/feeling or Metal
2,051 posts, read 9,207,348 times
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For those who want to know more...
check out now the CNN interview...

(3 -22- 2009, Sunday 1 p.m. eastern... also later at 5 p.m. I think)

He's rumour to reveal information on Merrill, AIG and others... so turn to CNN now if interested...
later can post what you think... whether pro or con...
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Old 03-22-2009, 11:20 AM
 
27,620 posts, read 19,822,831 times
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I've been waiting for this.

Spitzer Whacked For Warning Of Financial Crisis, Bush Fed Targets Taxpayers As Bagholders

Spitzer Whacked For Warning Of Financial Crisis, Bush Fed Targets Taxpayers As Bagholders | discuss, debate, decide

Bush and Cheney: Predatory Lenders' Partners in Crime-By Eliot Spitzer

Bush and Cheney: Predatory Lenders' Partners in Crime-By Eliot Spitzer - Democratic Underground

Spitzer disappointed many for making such a mistake as to think that he did not have enemies on Wall Street and the government. I don't care what he did, but he should have known better than to do it in plain sight. Go Eliot! Nail those pigs!
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Old 03-22-2009, 11:39 AM
 
223 posts, read 1,787,124 times
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A very revealing 30 minute interview indeed. Well MMC (MadAtMcCain), you spoke in November about tribal economic fights between Goldman and the others. Spitzer implies, if not out and out states, that over 10 percent of monies given to AIG found their way back to Goldman Sachs. I might be wrong in what I heard since I tuned in late, unfortunately, but will watch the 5 p.m. interview.

Thank you, Sickofnyc, for the links posted. It's obvious there's more to this economic mess than meets the eye.
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Old 03-22-2009, 11:45 AM
 
48,503 posts, read 92,034,972 times
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I really doubt Spitzer with his reputation and motive will be listened to. The mear fact of the way he practiced as attorney genral is one'he actually only wnet to sourt one time because he basically harassed anyone he went after. That also included prostitute rings.Pure politcs
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Old 03-22-2009, 11:48 AM
 
27,620 posts, read 19,822,831 times
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Quote:
Originally Posted by PaulG_1 View Post
A very revealing 30 minute interview indeed. Well MMC (MadAtMcCain), you spoke in November about tribal economic fights between Goldman and the others. Spitzer implies, if not out and out states, that over 10 percent of monies given to AIG found their way back to Goldman Sachs. I might be wrong in what I heard since I tuned in late, unfortunately, but will watch the 5 p.m. interview.

Thank you, Sickofnyc, for the links posted. It's obvious there's more to this economic mess than meets the eye.
You are quite welcome PaulG. I have been waiting for this ever since that ridiculously obvious sting on Spitzer.
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Old 03-22-2009, 11:52 AM
 
27,620 posts, read 19,822,831 times
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Quote:
Originally Posted by texdav View Post
I really doubt Spitzer with his reputation and motive will be listened to. The mear fact of the way he practiced as attorney genral is one'he actually only wnet to sourt one time because he basically harassed anyone he went after. That also included prostitute rings.Pure politcs
Nice try. I'm a New Yorker and we loved Spitzer for his determination for going after the Wall Street lying, thieveing pigs. A lying thieving pig never wants to be harassed, now do they?
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Old 03-22-2009, 11:56 AM
 
79,671 posts, read 38,311,604 times
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Quote:
Originally Posted by sickofnyc View Post
I have been waiting for this ever since that ridiculously obvious sting on Spitzer.
Not sure Obama is all that different. His team is aligned with the de facto oligarchs:

"BILL MOYERS: Geithner has hired as his chief-of-staff, the lobbyist from Goldman Sachs. The new deputy secretary of state was, until last year, a CEO of Citigroup. Another CFO from Citigroup is now assistant to the president, and deputy national security advisor for International Economic Affairs. And one of his deputies also came from Citigroup. One new member of the president's Economic Recovery Advisory Board comes from UBS, which is being investigated for helping rich clients evade taxes.
You're probably too young to remember that old song, "Sounds like the Mack the Knife is back in town." I mean, is that what you're talking about with this web of relationships?
SIMON JOHNSON: Absolutely. I don't think you have enough time on your show to go through the full list of people and all the positions they've taken."
Bill Moyers Journal . Watch & Listen | PBS
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Old 03-22-2009, 12:16 PM
 
34,968 posts, read 37,336,948 times
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Quote:
Originally Posted by InformedConsent View Post
Not sure Obama is all that different. His team is aligned with the de facto oligarchs:
Spitzer on Obama:
"...I think he is doing stupendously," said Spitzer. "I mean, I'm a huge fan of his, I think we all have to be and should be, if only because he has been thrust into a dynamic that is almost impossible. He is trying to put out not 500 small fires, 500 forest fires simultaneously. And he is addressing them sequentially, trying to keep a political coalition together. But it's very hard. And I think one of the largest, most difficult tasks that he has is to control the outrage that is brewing in the public, sympathize with it and garner it, but use it to get good policy, not policy based upon anger."
Spitzer on the AIG bonuses:
"I think I might go back to a very old tort theory of unjust enrichment, contract theory, tort theory, and say, you know what, guys, there is a theory in the law that says ... AIG just doesn't have the money to pay you," he said. "And absent the federal infusion, it wouldn't have it, so we can't pay. And second, I would say unjust enrichment. You simply don't deserve it."
Spitzer Derides 'Faux Populism', Praises Obama
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Old 03-22-2009, 12:22 PM
 
Location: Flyover Country
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Spitzer is a very smart man, and an impressive speaker, I could listen to someone like that all day, what a shame he is no longer in public service. Thanks for the heads up on the interview, Spitzer is quite familiar with Wall Street as a former NY AG
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Old 03-22-2009, 12:35 PM
 
79,671 posts, read 38,311,604 times
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Quote:
Originally Posted by delusianne View Post
Spitzer on Obama:
"...I think he is doing stupendously," said Spitzer. "I mean, I'm a huge fan of his, I think we all have to be and should be, if only because he has been thrust into a dynamic that is almost impossible. He is trying to put out not 500 small fires, 500 forest fires simultaneously. And he is addressing them sequentially, trying to keep a political coalition together. But it's very hard. And I think one of the largest, most difficult tasks that he has is to control the outrage that is brewing in the public, sympathize with it and garner it, but use it to get good policy, not policy based upon anger."
Spitzer on the AIG bonuses:
"I think I might go back to a very old tort theory of unjust enrichment, contract theory, tort theory, and say, you know what, guys, there is a theory in the law that says ... AIG just doesn't have the money to pay you," he said. "And absent the federal infusion, it wouldn't have it, so we can't pay. And second, I would say unjust enrichment. You simply don't deserve it."
That's predictable - what did you think he was going to say? What does that have to do with Obama stuffing his admin with bankers?
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