SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (102099)7/29/2013 10:13:38 PM
From: dvdw©  Respond to of 219492
 
Bingo.....Emerson has game!

In the end, wrote Ralph Waldo Emerson, every hero becomes a bore.



To: Snowshoe who wrote (102099)7/30/2013 12:16:28 AM
From: elmatador  Respond to of 219492
 
I am going to do the analysis of the German mind like I did for Lazarus...

Bernanke will stop printing when the last BRIC is on the floor. :-)
slate.com
Standard stuff. nothing new. Nothing to worry about. Don't you remember, did it make a dent on the return to natural size?

Natural sizes returns should be gracious. Like Japan was ding until Abe joined Bernanke. The way the rich countries are doing will make painful and it won't be gracious...



To: Snowshoe who wrote (102099)7/30/2013 3:17:06 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 219492
 
Interesting outcome - in German - or in other words the great failing of the US Treasury by ditching AIG and by this saving GS, MS, JPM and other scourges of WS, I tip my hat for Greenberg, even that he is a very interested party.

Bernanke soll wegen AIG-Rettung vor Gericht aussagen
30-Jul-2013
Von Leslie Scism

Fed-Chairman Ben Bernanke soll vor Gericht Auskunft über die Rettung des Versicherers AIG durch den Staat im Jahr 2008 geben. Ein Richter in Washington entschied, dass Bernanke am 16. August unter Eid aussagen muss. Er soll von Starr International Co. befragt werden, die 2008 bis zur Übernahme durch die Regierung einer der größten AIG-Aktionäre war.

Starr wird von Maurice "Hank" Greenberg, einem früheren CEO von AIG, geführt.

Der Richter begründete seine Entscheidung damit, dass Bernanke nach eigenen Angaben eine Schlüsselrolle bei der Entscheidung der Regierung gespielt habe. Es ist in den USA normalerweise nicht üblich, Chefs von Aufsichtsbehörden in privaten Gerichtsverfahren aussagen zu lassen.

Die Regierung hatte vergeblich versucht, Bernankes Gerichtsauftritt zu verhindern. Starr International fordert vom Staat mehrere Milliarden US-Dollar für Schäden, die dem Unternehmen durch die Rettung entstanden sind.

Kontakt zur Autorin: konjunktur.de@dowjones.com

With GOOGLE translation
Fed Chairman Ben Bernanke should be in court for information about the rescue of insurer AIG in the year 2008 by the State. A judge in Washington ruled that Bernanke must testify on August 16 under oath.

He is to be questioned by Starr international co., one of AIG's the largest shareholders in 2008 through the acquisition by the Government. Starr is led by Maurice "Hank" Greenberg, a former CEO of AIG.

The judge justified his decision so that Bernanke played a key role in the Government's decision according to its own figures. It is in the United States usually not common, that the Chief of supervisors in private court proceedings to testify.

The Government had tried in vain to prevent Bernanke's court appearance. Starr international calls for several billion dollars for damages caused by the rescue of the company by the State.