Geithner's Stress Test "A Complete Sham," Former Federal Bank Regulator Says

Now Geithner wants to force the banks to keep the TARP money, even though most of them want to give it back! WTF!!!??

Aaron Taks's unbiased reporting skills - "a complete sham".

It's about time to remove the banksters' heads!!

Nobody likes this guy, he should resign. The only person who seems to have faith in him is Obama, but then again, he said we Americans are arrogant didn't he?

If I recall correctly, William Black is the same guy who viciously attacks John McCain to this day as an escaped perpetrator in connection with the S&L/Keating business. McCain is no angel, but Black's forte is clearly hysterical exaggeration. At least by attacking Geithner he shows it isn't political - merely a character flaw. Putting him on "ignore".

would you expect less from timmy "the tax cheat" geithner? he is a crook you know!

What do you expect from people that ignore suppy side economics for Keynesian demand side economics....proven to fail.

Everything is a Sham in wall street / Look out for the bears They are on their way and its not the football team. There will be a frantic sell sell sell this week . The Market will come tumbling down as they make profit of these last few days

If it works for the Fed is all that matters.

Here is the real history - 1) 1971- US needs money for Vietnam war - goes away from gold standard and starts printing money like nobody's business 2) 1980 - Inflation hits US economy by 1980 - Reagan launches 750 billion dollar stimulus program 3) 1982 - 401k programs and derivative trading started. Housing bubble is triggered. 4) 1983 - The hedge fund, option trading and futures trading businesses take off. 5) 1990 - recession of 1990. Greenspan attempts the usual tricks playing with interest rates. 6) 1994 - LTCM Greenspan plays around with rates again. 7) 1997 - Asian crisis Greenspan plays around with rates again 8) 2000 - Tech crash Greenspan plays around with rates again triggering off the mother of all (housing) bubbles accelerating the housing bubble that started in 1982 9) 2008-15 - Bernanke and his successors twiddle their thumbs !!

of course it's a gimmick! but when the masses watch their nightly news progams and here we are "stress testing" banks, they can go back to their imaginary worlds feeling all is well, nanny gov't is taking care of everything. elect a gimmick, get a gimmick!

What do you expect? The leadership in office believes the world operates in a way it does not. The goal is to make people think the banks are improving....And the belief will make things better. To a degree belief will help! But reality needs to be in place too! That is where Obamanomics has a problem.

The whole bailout thing is a scam!!! None of the ordinary taxpaying American citizen has seen a dime of this and the multiple number of banks have gotten money that Americans will never see, with multiple strings attached that will make them the property of the fed government. The American dream is over--see ya!!

I'm sick of these people complaining about everything. They're all idiots, if they know so much, they should run for the job.

Does anyone really approve of any of Obama's apointees, seriously?

I'm sick of these people complaining about everything. They're all idiots, if they know so much, they should run for the job.

WOW What a big surprise coming from a crook himself. The whole Obama adminsistration is full of idiots that just TALK. Their whole purpose is nothing more than lies and deception. Screw Geithner! I wouldn't ignore any of these outright crimes against Americans. This is serious stuff!

This clearly explains why Wall Street rallied when Obama announced Geithner's appointment to Treasury Secretary.

I wait and see because anything else is a waste of my energy.

Saw this guy on Bill Moyers' Journal on Friday, if he has an axe to grind I don't know what it is - he is more than believable. So think twice before believing "all is well" with our financial foundation...