THE DOT - if this turns orange or red be alert

Wednesday, February 4, 2009

Again a Goldman runs the FED -The losses from toxic bonds from Bear Stearns or actually JP Morgan has reached 4.2 bil

Against the phony prognosis of Geithner and Bernanke that they even make money on those 30 bil of toxic stuff the FED took over from Bear Stearns in order to make the takeover possible by smart pants Jamie Dimon, the losses have mounted to a 4.2 bil. I hope than Jamie Dimon claims back taxes for Bear Stearns these days that money goes to the FED's recovery pool. As clearly we heard today that the morons at the SEC have no clue at all which is also true for most of the FED guys except for the douıble agents from Goldman. Again a amazing call from Obama to hire the enemy is unbelievably outrages and proves the fact that he was established as a president by special interests and the real force behind all these are the same forces which brought the disaster on us.
Willian C. Dudley is an ex partner of Goldman and was responsible for capital markets operations at the FED - thats part of the secret why the make better performance as the Goldman's bought tons of OEX calls just the day before the first surpising rate cut by Bernanke on a Friday before market opening. That is not a coincidence and now we can be sure that the Rothschild boys are in full control of DC again.

Excerpt

William C. Dudley

William C. DudleyWilliam C. Dudley became the 10th president and chief executive officer of the Federal Reserve Bank of New York on January 27, 2009. In that capacity, he serves as the vice chairman and a permanent member of the Federal Open Market Committee, the group responsible for formulating the nation’s monetary policy.

Mr. Dudley had been executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account for the Federal Open Market Committee. The Markets Group oversees domestic open market and foreign exchange trading operations and the provisions of account services to foreign central banks.

Prior to joining the Bank in 2007, Mr. Dudley was a partner and managing director at Goldman, Sachs & Company and was the firm’s chief U.S. economist for a decade. Earlier in his career at Goldman Sachs, he had a variety of roles including a period when he was responsible for the firm’s foreign exchange forecasts. Prior to joining Goldman Sachs in 1986, he was a vice president at the former Morgan Guaranty Trust Company. Mr. Dudley was an economist at the Federal Reserve Board from 1981 to 1983.

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