No more money. There is nothing like throwing good money after bad. I do believe The Fed released $1,000,000,000,000 not more than a month or so ago. So what's the problem? I want Anti-Trust Suits and I want them now !!!
Stephen Friedman
When is something going to be done about the conflict of interest with Paulson that lead the nation into ruin in order to save his company? There is no way these people should be walking away from these events unscathed. This is simply outrageous. There isn't another word.
They are all so very, very noble. "The Federal Reserve System has important work to do and does not need this distraction," Friedman said." My, my so self depricating. Poor man, so distraught he can't live with the reality he propagated. Why weren't there Anti-Trust Lawsuits Filed?
NY Fed chair resigns amid stock purchase questions
May 7 2009 8:30PM EDT
By Kristina Cooke
NEW YORK (Reuters) - Stephen Friedman, chairman of the New York Federal Reserve Bank's board of directors, resigned on Thursday amid questions about his purchases of stock in his former firm, Goldman Sachs.
Friedman, a retired chairman of Goldman Sachs who has led the New York Fed's board since January 2008, said he quit to prevent criticism about his stock buying from becoming a distraction as the Fed battles a severe U.S. recession.
"Although I have been in compliance with the rules, my public service motivated continuation on the Reserve Bank Board is being mischaracterized as improper," he said in a letter of resignation to New York Fed President William Dudley.
"The Federal Reserve System has important work to do and does not need this distraction," Friedman said....
