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Given the Reputed Strong Earnings of Goldman & Other US Financial Firms, Why Won't Secretary Geithner Commit to No More Bailouts?

Given the Reputed Strong Earnings of Goldman & Other US Financial Firms, Why Won't Secretary Geithner Commit to No More Bailouts?

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John Kim
Jul 14, 2009
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Building Wealth With Tomii Academy
Building Wealth With Tomii Academy
Given the Reputed Strong Earnings of Goldman & Other US Financial Firms, Why Won't Secretary Geithner Commit to No More Bailouts?
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[flash http://www.youtube.com/watch?v=WccPO-lkK8I]

Below is a partial transcript of the above video: Congressman Brad Sherman: "Today, derivatives are being sold. And the buyers of the derivatives are looking at their counterparty and they're saying, 'well there may not be enough capital there'. But one additional source of capital - is there maybe more…

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