Reply #30: holy fffn s. thx for that link. from 'naked capitalism,' the crux:

[Gabi Hayes]

I think the question for Obama is whether he truly believes that a captured regulatory framework is actually in the interest of the country. No politician minds lying. He might believe that the truth would lead to a collapse of the economy. Hank did say we would have martial law, so they might truly believe that.

Obama will pull his support if either of two things happen: 1) he feels that he was ‘had’ by Geithner et al, or 2) The popular media jumps on this in the way they did on health care.

Geithner can still survive. So keep on pushing!!!


the above was one of the comments found on this link, which expands upon the msnbc story

http://www.nakedcapitalism.com/2010/03/ny-fed-under-geithner-implicated-in-lehman-accounting-fraud.html