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Cuomo unveils Paulson, Bernanke, Lewis Conspiracy
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Jessica6
User ID: 645625
 Canada
4/23/2009 7:54 PM
Report abusive post | Cuomo unveils Paulson, Bernanke, Lewis Conspiracy
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[link to www.businessinsider.com]
Hank Paulson and Ben Bernanke forced Bank of America (BAC) to complete its acquisition of Merrill Lynch. Ken Lewis was definitely interested in pulling the plug on the Merrill Lynch deal, but he was pressured not to with a threat that he'd be fired and the board would be completely sacked.
Paulson first blamed Bernanke, then later recanted:
Hank Paulson has recanted on what he told Andrew Cuomo, which was that Ben Bernanke asked him to threaten to oust Ken Lewis and the Bank of America board if Lewis decided not to go forward with the Merrill deal.
Paulson says his words were his own and that Bernanke did not ask him to convey a specific message to Lewis, CNBC says.
Last Edited by Jessica6 on 4/23/2009 at 9:04 PM |
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ANNONYMOUS
User ID: 661006
 United States
4/23/2009 8:19 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Absolutely believable! If BofA had pulled the plug they would have had another Lehman style domino go down and it might not have stopped there. These people (Gov) are scared shittless about the current situation it is at the very best fluid. |
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paladin
User ID: 663141
United States
4/23/2009 8:43 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
ok ....I just finished my reads for the day..
let us talk about this..
do you have any idea what this means..
I have more to post...Paladin |
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paladin
User ID: 663141
United States
4/23/2009 8:45 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
"Hank Paulson admitted to Andrew Cuomo that he threatened to oust Ken Lewis and the Bank of America board if Bank of America invoked a Material Adverse Change (MAC) clause to block the deal, Cuomo says. Paulson also added, however, that he made this threat at the request of Ben Bernanke" |
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Anonymous Coward
User ID: 462535
United States
4/23/2009 8:45 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Link not working.
. |
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Anonymous Coward
User ID: 662552
 Mexico
4/23/2009 8:47 PM | |
paladin
User ID: 663141
United States
4/23/2009 8:49 PM | |
paladin
User ID: 663141
United States
4/23/2009 8:50 PM | |
paladin
User ID: 663141
United States
4/23/2009 8:51 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Quoting: Anonymous Coward 662552
but you do not have my info |
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paladin
User ID: 663141
United States
4/23/2009 8:55 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
THE MATERIAL ADVERSE CHANGE CLAUSE (MAC) as a closing condition has achieved permanent status as one of the most highly negotiated parts of acquisition agreements. The basic premise underlying a MAC is that the purchaser should receive the benefit of the bargain. In practice, a MAC included within the closing conditions of an acquisition agreement provides purchasers with an "out" in the event of unforeseen material adverse business or economic changes affecting or involving the target company or assets between the execution of the definitive acquisition agreement and the consummation of the transaction" |
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LouisWinthorpeIII 
Self apointed knowitall
User ID: 531407
United States
4/23/2009 8:56 PM
 | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
it means someone was going to have to suicide and decided to rat.
The problem is that nobody understands/gives a damn in the media so the suicides will continue unabated.
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010 |
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Dread Pirate Roberts
User ID: 660697
United States
4/23/2009 8:57 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Paladin, no I don't know what it means but I'm interested...
From that time Jesus began to preach and say, "Repent, for the kingdom of heaven is at hand." Matthew 4:17 |
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Jessica6
User ID: 645625
Canada
4/23/2009 9:03 PM
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paladin
User ID: 663141
United States
4/23/2009 9:07 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Paladin, no I don't know what it means but I'm interested... Quoting: Dread Pirate Roberts
ok then let us start with this..
[link to market-ticker.denninger.net]
Karl Denninger. |
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LouisWinthorpeIII
Self apointed knowitall
User ID: 531407
United States
4/23/2009 9:11 PM
| | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
This kind of fraud could be as big as the 9/10/2001 discussion of the Pentagon's missing 2 trillion dollars......
When does the next "urban warrior" drill start up?
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010 |
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paladin
User ID: 663141
United States
4/23/2009 9:19 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Bank of America's attempt to exit the merger came to a halt on December 21, 2008. That day, Lewis informed Secretary Paulson that Bank of America still wanted to exit the merger agreement. According to Lewis, Secretary Paulson then advised Lewis that, if Bank of America invoked the MAC, its management and board would be replaced" page 2.
this is the money post...paladin |
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paladin
User ID: 663141
United States
4/23/2009 9:22 PM | |
paladin
User ID: 663141
United States
4/23/2009 9:24 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
:smirking p: |
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paladin
User ID: 663141
United States
4/23/2009 9:45 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
sorry no one on this site understands what you posted...
I see it....
great post |
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watchdog
User ID: 466967
United States
4/23/2009 9:58 PM
 | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
it means someone was going to have to suicide and decided to rat.
The problem is that nobody understands/gives a damn in the media so the suicides will continue unabated. Quoting: LouisWinthorpeIII
Is life so dear or peace so sweet as to be purchased at the price of chains and slavery?
If a law is unjust, you are not only right to break it, you are obligated to do so.
Freedom is only for those who have the guts to defend it. |
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Anonymous Coward
User ID: 641670
United States
4/23/2009 10:00 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
I get it... The New York Attorney General is trying to take down the Feds... he keeps this up and he will be dang el ing with the CFO of Freddie Mac...
OBAMA is not clean in this deal... Giethner will be around for about another week...How I would like to be a reporter and have a chance to ask a few questions of OBAMA or Giethner... or even a Republican Senator...that wants to be President. |
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Anonymous Coward
User ID: 378820
United States
4/23/2009 10:08 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
I seem to recall a plane with a partial load of BofA employees landing in the Hudson after hitting a flock of geese. |
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Anonymous Coward
User ID: 633850
United States
4/23/2009 10:11 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Is the fed immune from market manipulation laws? Special prosecutor is needed. |
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LouisWinthorpeIII
Self apointed knowitall
User ID: 531407
United States
4/23/2009 10:16 PM
| | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
I seem to recall a plane with a partial load of BofA employees landing in the Hudson after hitting a flock of geese. Quoting: Anonymous Coward 378820
Indeed the board replacement program didn't go as planned..
Have you seen the pilot got a book deal for his POETRY??
That's his price for hush on that job.
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010 |
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II-Neutron
User ID: 653755
Canada
4/23/2009 10:20 PM
 | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Paladin, no I don't know what it means but I'm interested...
ok then let us start with this..
[ link to market-ticker.denninger.net]
Karl Denninger.
This kind of fraud could be as big as the 9/10/2001 discussion of the Pentagon's missing 2 trillion dollars......
When does the next "urban warrior" drill start up?
No doubt. These guys are wimps compared to Rumsfeld. 2.1 Trillion missing from the pentagon announced on September 10th 2001 one day before 9/11. Bet these shysters whish they had a distraction as big as 9/11 for there "indiscretions".
Last Edited by II-Neutron on 4/23/2009 at 10:22 PM
ii.neutron@gmail.com
By faith he sojourned in the land of promise, as in a strange country, dwelling in tabernacles with Isaac and Jacob, the heirs with him of the same promise:For he looked for a city which hath foundations, whose builder and maker is God. Hebrews: 11 |
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Anonymous Coward
User ID: 645858
United States
4/23/2009 10:23 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Bank of America's attempt to exit the merger came to a halt on December 21, 2008. That day, Lewis informed Secretary Paulson that Bank of America still wanted to exit the merger agreement. According to Lewis, Secretary Paulson then advised Lewis that, if Bank of America invoked the MAC, its management and board would be replaced" page 2.
this is the money post...paladin Quoting: paladin
Paladin et-al,
As a current employee and officer within Bank of America I can guarantee everyone in the upper levels of our company has known this since day one. Getting the media to tell the truth and having blow-job Barney Frank stop his slobbering over the manufactured outrage he acts out is another story.
The people in this country are sleeping sheep and they're being lied to. The Federal Reserve has fucked us all and they're looting the banks to pay for it. Everyone involved with TARP has connections to Goldman Sachs. Paulson was just the most visible. Do your homework and you'll see.
What you're seeing is a giant head fake to keep people off the real story, which is that we're being led by incompetent treasury officials (Geithner) who are on the take with the Fed and the Wall Street vampires who cheated us blind. They're consolidating the financial industry so they can devalue the currency and replace it with a NAU Amero.
Watch closely how many banks are begging to pay back the TARP funds they were force-fed and are being told "no". Every time somebody wants out from under TARP restrictions because it's killing legitimate business, Geithner and treasury come up with a new set of rules to hamstring the banks into submission.
This isn't about bailing out banks, this is about looting, strong-arming, and taking over the banks just like Mussolini and the other Fascists of the world did in WW2. If you control the money, you control the people.
Wake up people - they're stirring the shit to create manufactured class warfare and you're all eating it hook, line, and sinker. We will only survive if we seek the truth and work TOGETHER, not against each other.
God help us all! |
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Anonymous Coward
User ID: 663202
United States
4/23/2009 10:23 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
WHY IS THIS STORY NOWHERE TO BE FOUND ON DRUDGE OR YAHOO.COM?
What it means is, Paulson's retired and Bernanke's still front and center. Time to blame the RETIRED one, and let the front and center one off the hook.
Duh. |
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Anonymous Coward
User ID: 11830
United States
4/23/2009 10:33 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Bank of America's attempt to exit the merger came to a halt on December 21, 2008. That day, Lewis informed Secretary Paulson that Bank of America still wanted to exit the merger agreement. According to Lewis, Secretary Paulson then advised Lewis that, if Bank of America invoked the MAC, its management and board would be replaced" page 2.
this is the money post...paladin
Paladin et-al,
As a current employee and officer within Bank of America I can guarantee everyone in the upper levels of our company has known this since day one. Getting the media to tell the truth and having blow-job Barney Frank stop his slobbering over the manufactured outrage he acts out is another story.
The people in this country are sleeping sheep and they're being lied to. The Federal Reserve has fucked us all and they're looting the banks to pay for it. Everyone involved with TARP has connections to Goldman Sachs. Paulson was just the most visible. Do your homework and you'll see.
What you're seeing is a giant head fake to keep people off the real story, which is that we're being led by incompetent treasury officials (Geithner) who are on the take with the Fed and the Wall Street vampires who cheated us blind. They're consolidating the financial industry so they can devalue the currency and replace it with a NAU Amero.
Watch closely how many banks are begging to pay back the TARP funds they were force-fed and are being told "no". Every time somebody wants out from under TARP restrictions because it's killing legitimate business, Geithner and treasury come up with a new set of rules to hamstring the banks into submission.
This isn't about bailing out banks, this is about looting, strong-arming, and taking over the banks just like Mussolini and the other Fascists of the world did in WW2. If you control the money, you control the people.
Wake up people - they're stirring the shit to create manufactured class warfare and you're all eating it hook, line, and sinker. We will only survive if we seek the truth and work TOGETHER, not against each other.
God help us all! Quoting: Anonymous Coward 645858
You takin Amtrak instead of flying these days? I know I would be. |
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paladin
User ID: 663141
United States
4/23/2009 10:38 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
Quoting: Anonymous Coward 645858
you forget..
I am a gold/silver bug..
I also am a member of GATA.org....
I know about Goldman Sachs
:smirking p: |
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Anonymous Coward
User ID: 356757
United States
4/23/2009 10:38 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
One of the things I found interesting is this, the Fed agreed that they will give BofA additional TARP money because of the additional $9 Billion in debt that they were taking on from Merrill, however, they could not give them that money before January 1, 2009 and could not disclose they were giving them money but essentially promised they would get them the money before BofA has to release it's earnings on January 20, 2009 which was also the date of Obama's inauguration. |
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Anonymous Coward
User ID: 662306
United States
4/23/2009 10:39 PM | | Re: Cuomo unveils Paulson, Bernanke, Lewis Conspiracy | Quote |
you forget..
I am a gold/silver bug..
I also am a member of GATA.org....
I know about Goldman Sachs
:smirking p: Quoting: paladin
The more you'd know about goldman sachs the more you'd know how much corruption is going on. Alot.Alot. |
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