Geithner now faces questions about what he knew and when he knew it, and about whether he followed up sufficiently on his 2008 warning. Inquiries about due diligence will become incredibly significant, as investors lost tens of billions of dollars as a result of the manipulations by the men who manage the false constructs that we refer to as “too big to fail” banks. (Despite the claims made about the banking reforms implemented in 2010 by Congressional Democrats and the White House, the “too big to fail” threat remains; which is why Feingold and other serious reformers opposed the legislation.)
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