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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: ggersh who wrote (104867)	3/8/2014 3:00:05 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217840

This is for TJ, Last evening, the U.S. Senate Banking Committee made the unexpected announcement that it was postponing the confirmation hearing of Stanley Fischer to serve as Vice Chairman of the Federal Reserve Board of Governors. Two other Fed nominees were to be vetted today. The hearing had been scheduled for 10 a.m. this morning in the Dirksen Senate Office Building. No reason was given for the postponement. wallstreetonparade.com Hopefully this is true wallstreetonparade.com

To: ggersh who wrote (104867)	3/8/2014 4:45:06 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 217840

The nominee for Fed vice chairman is likely to face questions at his confirmation hearing about whether he would be a tough regulator of big banks after earning several million dollars at one. A spokeswoman for Sen. Elizabeth Warren said the Massachusetts Democrat "will look closely at the records of all of the president's nominees for the Fed, and will have a large number of questions for them—including about how their prior experiences might inform their views on bank regulation and the risk too-big-to-fail banks pose to our economy." Mr. Fischer worked at Citi from 2002 to 2005, a period when the bank profited greatly from financial activities related to the credit and housing booms that ended with the financial crisis. From February 2004 to April 2005 he led the bank's Public Sector Group, which gives financial, technological and regulatory advice to governments. He was also chairman of the bank's Country Risk Committee, a group of senior Citi officials who assess the potential pitfalls of the firm's international investments, determining where to invest and where not to. And he was president of Citigroup International, which then managed the firm's overseas businesses.(Parmalat comes to mind) http://online.wsj.com/news/articles/SB10001424052702304450904579369170413890620 Hmm there is some match there .......... it is interesting, did not Citigroup flirted with Chapter 7 and total insolvency as a result of those at the helm and senior management like Dr. Fisher?

To: ggersh who wrote (104867)	3/8/2014 5:17:57 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217840

perhaps the man now shall engage w/ either a teaching position or a hedge fund position and be taken care of after all, he is already a made-man and dispensations must be else he would be suicided for he knows too much

To: ggersh who wrote (104867)	3/10/2014 9:33:50 PM
From: Pogeu Mahone	Read Replies (1) \| Respond to of 217840

His confirmation will be held up a week? Terrific news:O(

To: ggersh who wrote (104867)	3/13/2014 12:19:40 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217840

At the US Senate nomination hearing, between the various questions Stanley Fisher was asked how he dealt with head of banks that violated the law. The question was a rhetorical question as Stanley Fisher mentioned the issue of a Israeli Bank Chairman that was already convicted and of course fired from the bank (see below). haaretz.com This was an interesting question because why on earth would anyone ask such a question the Vice Chair of the FED. I do think that some SI members know the answer, and I do hope that I am correct. More so the fact that Stanley Fisher read his answers from written documents it is clear that those hearings are only for public show as if they really grill the candidate at a time they meet him based on the statements made at the hearing several times before and I think they prepared the public script of questions and answers to keep the appearances. Why hold those hearing at all? the average citizen does not understand or watch those nomination hearings anyway, for me it was the first time