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It’s Britain’s Fault… And We Want Our Money Back This research is from Martin Denholm , Senior Editor, Investment U Wednesday, Feb 3, 2010 If you’ve ever listened to a uber-annoying Chris Berman summation NFL touchdown plays upon ESPN, you’re no disbelief informed with his uninteresting refrain: “He… could… go… all… the… way.” When we review which Treasury Secretary Timothy Geithner will stop during 0 to get behind “every penny of taxpayer benefit to a monetary system,” we illusory a identical cry of: “We… want… every… penny… back.” Probably not utterly as ardent as Berman, though. More similar to Oliver Twist asking for an additional crater of soup… Speaking during a Senate Finance Committee, Geithner vowed to levy fees upon America’s banks as well as alternative monetary institutions until “the price of a rescue to a taxpayer is zero.” Very noble. But of course, nothing of this would be required if it weren’t for my associate dishonourable Brits, who proposed this mess… Dear Britain: Take Our Rotten Bank, Or Take a Blame Got a annoying credit predicament upon your hands? Need someone to blame? Just expel your eye opposite a Atlantic as well as censure a British. Writing in his brand new book, On The Brink, former Treasury Secretary Hank Paulson absolves himself of all shortcoming for a credit predicament by flatly stating: “The British screwed us.” According to a misled former Goldman Sachs “fat cat,” a Brits triggered a monetary predicament when a Financial Services Authority (FSA) refused to authorize an agreement which would have seen Barclays buy out Lehman Brothers.

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It’s Britain’s Fault… And We Want Our Money Back