Live Webcast Of Tim Geithner Explaining Why Libor Manipulation Was All TurboTax' Fault

Tyler Durden's picture


Well not really, but it will be someone else's fault of course that there was gambling going on here. There is no way the head of the New York Fed at the time could have possibly known that Barclays was manipulating its Libor rate. Recall: : “Barclays: You know, LIBORs being set too low anyway, but uh, yeah, that-that is correct. Fed person: “Yeah.” Supposedly Geithner is not the Fed person. Anyway, the scheduled topic of today's hearing in the House Financial Services Committee is the annual report of the Financial Stability Oversight Council (FSOC) but the hearing seems likely to be dominated by questions about manipulation of LIBOR rate. Watch it live here.

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Wed, 07/25/2012 - 09:38 | 2648861 Short Memories
Short Memories's picture

Death is too good for him!

Wed, 07/25/2012 - 09:41 | 2648885 fuu
fuu's picture


Wed, 07/25/2012 - 09:46 | 2648914 schoolsout
schoolsout's picture


Wed, 07/25/2012 - 10:10 | 2649035 Blammo
Blammo's picture

Who has to clean Barney's mike when he's done "schpeaking"

Wed, 07/25/2012 - 10:09 | 2649029 Stoploss
Stoploss's picture

Couldn't tell if that was dried jizz on Barney's mouth, or a blown pixel on the monitor.


Nope, not the monitor..

Wed, 07/25/2012 - 09:44 | 2648904 caimen garou
caimen garou's picture

ah,the blame game! the fabric of government! tim to his mother, i pissed my pants because ben told me it was ok!

Wed, 07/25/2012 - 09:45 | 2648905 Rattling Bones
Rattling Bones's picture

The buck stops anywhere but here.

Wed, 07/25/2012 - 10:01 | 2648987 Buckaroo Banzai
Buckaroo Banzai's picture

Obama's mother worked for Geithner's father, who is now a big wheel at the Ford Foundation, which has been in the vanguard of the Cultural Marxist war on the american way of life for 60 years now.

Don't expect Geithner to be affected in any way by any of this.

Wed, 07/25/2012 - 10:22 | 2649102 Problem Is
Problem Is's picture

The Ford Foundation is a CIA/Wall Street front organization...

Therefore fascist not Marxist...

What a Small World of Useful Idiots

And yes Barry's mommy used to work for Timmah's daddy...

Wed, 07/25/2012 - 10:49 | 2649285 Buckaroo Banzai
Buckaroo Banzai's picture

Sorry, but you're wrong on that.

Carroll Quigley uncovered the truth about the Ford Foundation pretty early on, you can find his account in Tragedy and Hope. The organization was hijacked by Cultural Marxists with a goal to undermine US society and culture. They don't even try to hide it!! Look at their home page:

"Working with Visionaries on the Frontlines of Social Change Worldwide"

"75 Years of Social Change"

"Narrowing the gulf between the world as it is and the just world we aspire to."

For crying out loud. It is right in front of your eyes! Hidden in plain sight!

Wed, 07/25/2012 - 09:46 | 2648915 semperfi
semperfi's picture

Yet another room full of white collar criminals

Wed, 07/25/2012 - 09:47 | 2648920 Dr. Engali
Dr. Engali's picture

I won't watch because I can't stand to hear Bawny Fwank and his lies.

Wed, 07/25/2012 - 10:25 | 2649123 firstdivision
firstdivision's picture

Name one elected official that doesn't lie?

Wed, 07/25/2012 - 09:49 | 2648929 Rattling Bones
Rattling Bones's picture

Barney Frank will get to the bottom of

Wed, 07/25/2012 - 09:49 | 2648935 Tom Green Swedish
Tom Green Swedish's picture

Turned this on and went straight to the homosexual strange talker.  I can't even listen to this guy, let alone trust his judgement.

Wed, 07/25/2012 - 09:54 | 2648941 X86BSD
X86BSD's picture

This will be more of a clown show with smoke and mirrors than the recent cawk sucking of bernanke in front of the same ass clown crooks in congress. Shameful! Can we hang these mother fuckers yet! Or at the least implant a led weight in their brain pan?!

Wed, 07/25/2012 - 09:52 | 2648950 Bansters-in-my-...
Bansters-in-my- feces's picture

This photo of Little Weasel Timmy G is odd,as he is usually in front of a CFR banner......

Fuck you Little Weasel Timmy.'s too CFR crew.

Wed, 07/25/2012 - 10:23 | 2649111 Problem Is
Problem Is's picture

Timmah, the consummate weasel...

Wed, 07/25/2012 - 10:37 | 2649207 azzhatter
azzhatter's picture

Mr. Geithner my question is- Have you considered suicide? You are surely a worthless, spineless lying prick and I see no reason for you continuing to pollute the planet with your existence. Thank You and I'll wait for my answer

Wed, 07/25/2012 - 09:55 | 2648965 ReactionToClose...
ReactionToClosedMinds's picture

Charlie Gasparino of NYPost/Fox Biz early on 'begged' alot of questions of NYFed and by implication TurboTimmy within days after full scope of Libor scandal became apparent.  Of course, nothing in response and rest of NYC media totally ignored.  The issue must be Gasparino versus Geithner/NYFed of course (how dare he question the folks behind the curtain  at Emerald City).

FinViz needs to add NYPost as they have best 'trader' scoops of all NYC papers (cynical, outraged, screwed traders, etc.) and Gasparino versus the non-stop Bloomberg propaganda

Wed, 07/25/2012 - 10:24 | 2649039 hedgeless_horseman
hedgeless_horseman's picture



Of course, nothing in response and rest of NYC media totally ignored.

In my experience, less than 1% of Americans understand that our currency, the US Dollar, is a debt instrument.  Similiarly, these same people do not have the most basic understanding of what The Fed is, or how it's agenda affects us.

Federal Reserve Note

In addition to the fact that there is no audience, the media ignores this type of story because 99% of "journalists" simply do not understand these things, either. 

Now, this is a different story:

Soda size has a "large" audience.

Idiocracy is indeed a documentary.

Wed, 07/25/2012 - 10:03 | 2649010 proLiberty
proLiberty's picture

I just started using Quickbooks and found it wouldn't allow you to enter a bill without having a balanced distribution.

Our national fiscal crisis would be solved if we could get Timmy off TurboTax and on to Quickbooks instead.



Wed, 07/25/2012 - 10:28 | 2649130 Problem Is
Problem Is's picture

Timmah can turn anything into a clusterfuck...

More CPA's make more money unfuckingup clients Quickbook files than any other accounting software out there...

Because more amateurs (Read: Timmah) use Quickbooks than any other accounting software...

Wed, 07/25/2012 - 10:39 | 2649220 azzhatter
azzhatter's picture

Timmah is a clusterfuck

Wed, 07/25/2012 - 10:11 | 2649028 LouisDega
LouisDega's picture

Damn!!! I wanted to record it, But there is a programing conflict with the TV land tribute to Sherman Hemsley aka George Jefferson. Oh well.. Sorry Tim

Wed, 07/25/2012 - 10:49 | 2649283 optimator
optimator's picture

Amazing!  His nose gets longer every few minutes....

Wed, 07/25/2012 - 11:10 | 2649397 optimator
optimator's picture

Mr. Secretary, are you a crook?

I'll have to look into that and get back to you on that.

Wed, 07/25/2012 - 11:22 | 2649441 optimator
optimator's picture

Looking back on it Adam Clayton Powell wasn't that bad.  Too bad he couldn't tele conference from Bimini.

Wed, 07/25/2012 - 11:24 | 2649455 FRBNYrCROOKS
FRBNYrCROOKS's picture

Why isn't Geithner in prison?

I think Barney Frank ought to teabag him.

Wed, 07/25/2012 - 11:43 | 2649534 MrBoompi
MrBoompi's picture

Watching these two douchebags Geithner and Rep. Steve Pearce converse is too much to take.  I'm hitting the fucking scotch now.

Wed, 07/25/2012 - 13:03 | 2649873 toomanyfakecons...
toomanyfakeconservatives's picture

Timmy should definitely be third in line behind Obama and Brenanke when the MASS ARRESTS take place and the perps are walked in front of the cameras in chains and orange jumpsuits.

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