Blog Smith: Sharia Citi Judge Wachovia Wells Fargo FDIC Bairwhich

Showing posts with label Sharia Citi Judge Wachovia Wells Fargo FDIC Bairwhich. Show all posts

Sunday, October 5, 2008

Sharia-Compliant Citi Seeks Taxpayer's Money

Obamics and Sharia compliant, the code of law based on the Koran, Citigroup was blocked by a Judge in the Wachovia-Wells deal. However, New York State Supreme Court Justice Charles Ramoscourt will hold a hearing to allow Citi to press for its previous agreement to buy Wachovia.

In a deal struck last Monday with the assistance of the Federal Deposit Insurance Corporation (FDIC), Citigroup had offered to take over Wachovia's banking operations for $2.2 billion.

The battle also has implications for taxpayers.

If Citigroup is successful in its takeover, taxpayers will pay more because of a FDIC offer. Citigroup has the support of industry regulators, and the FDIC stands behind its previously announced agreement with Citigroup, according to Federal Deposit Insurance Corporation Chairman Sheila Bairwhich who promised to cover any losses on Wachovia's $300 billion loan portfolio beyond the first $42 billion. The Wells offer does not ask for FDIC assistance.

Wachovia spokeswoman Christy Phillips-Brown stated the company believes its agreement with Wells Fargo is "proper, valid and ... in the best interest of shareholders, employees, and the American taxpayers," the Associated Press reported.

Seems so to me too; I'm a taxpayer.

Reading since summer 2006 (some of the classics are re-reads): including magazine subscriptions

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American School & University: Shaping Facilities & Business Decisions;
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Defense Systems: Information Technology and Net-Centric Warfare;
Defense Systems: Strategic Intelligence for Info Centric Operations;
Defense Tech Briefs: Engineering Solutions for Military and Aerospace;
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Dennett, Daniel C., Consciousness Explained;
Dennett, Daniel C., Darwin's Dangerous Idea;
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Drug Discovery News: Discovery/Development/Diagnostics/Delivery;
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Grumberg, Orna, and Helmut Veith, 25 Years of Model Checking: History, Achievements, Perspectives;
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Hanson, Victor Davis, Between War and Peace: Lessons from Afghanistan to Iraq;
Hanson, Victor Davis, Carnage and Culture: Landmark Battles in the Rise of Western Power;
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Hanson, Victor Davis, The End of Sparta: A Novel;
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Info World: Information Technology News, Computer Networking & Security;
Information Week: Business Innovation Powered by Technology:
Infostor: The Leading Source for Enterprise Storage Professionals;
Infrastructure Insite: Bringing IT Together;
Insurance Technology: Business Innovation Powered by Technology;
Integrated Solutions: For Enterprise Content Management;
Intel Premier IT: Sharing Best Practices with the Information Technology Community;
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McNamara, Patrick, Science and the World's Religions Volume 2: Persons and Groups (Brain, Behavior, and Evolution);
McNamara, Patrick, Science and the World's Religions Volume 3: Religions and Controversies (Brain, Behavior, and Evolution);
Meacham, Jon, American Lion: Andrew Jackson in the White House;
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Military & Aerospace Electronics: The Magazine of Transformation in Electronic and Optical Technology;
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Muller, F. Max, Chips From A German Workshop: Volume III: Essays On Language And Literature;
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Network-centric Security: Where Physical Security & IT Worlds Converge;
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Redmond Magazine: The Independent Voice of the Microsoft IT Community;
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Romerstein, Herbert and Breindel, Eric,The Venona Secrets, Exposing Soviet Espionage and America's Traitors;
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SC Magazine: For IT Security Professionals;
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Scheuer, Michael, Osama Bin Laden;
Scheuer, Michael, Through Our Enemies Eyes: Osama Bin Laden, Radical Islam, and the Future of America;
Scholastic Instructor
Scholastic Parent & Child: The Joy of Family Living and Learning;
Schopenhauer, Arthur, The World As Will And Idea (Sony eReader);
Schug-Wille, Art of the Byzantine World;
Schulze, Hagen, Germany: A New History;
Schweizer, Peter, Architects of Ruin: How Big Government Liberals Wrecked the Global Economy---and How They Will Do It Again If No One Stops Them;
Scott, Sir Walter, Ivanhoe;
Seagren, Eric, Secure Your Network for Free: Using Nmap, Wireshark, Snort, Nessus, and MRTG;
Security Technology & Design: The Security Executive's Resource for Systems Integration and Convergence;
Seibel, Peter, Coders at Work;
Sekunda N., & S. Northwood, Early Roman Armies;
Seneca: Naturales Quaestiones, Books II (Loeb Classical Library No. 450);
Sewall, Sarah, The U.S. Army/Marine Corps Counterinsurgency Field Manual;
Sheppard, Ruth, Alexander the Great at War: His Army - His Battles - His Enemies;
Shinder, Jason, ed., The Poem That Changed America: "Howl" Fifty Years Later;
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Sides, Hampton, Blood and Thunder: The Epic Story of Kit Carson and the Conquest of the American West;
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Sinchak, Steve, Hacking Windows Vista;
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Software Development Times: The Industry Newspaper for Software Development Managers;
Software Test Performance;
Solomon, Norman, War Made Easy: How Presidents and Pundits Keep Spinning Us to Death;
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Sophocles, The Three Theban Plays, tr. Robert Fagles;
Sound & Vision: The Consumer Electronics Authority;
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Sri, Edward, A Biblical Walk Through the Mass: Understanding What We Say and Do In The Liturgy;
Sri, Edward, Men, Women and the Mystery of Love: Practical Insights from John Paul II's Love and Responsibility;
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Starr, Chester G., The Roman Empire, 27 B.C.-A.D. 476: A Study in Survival;
Starr, John Bryan, Understanding China: A Guide to China's Economy, History, and Political Culture;
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Steyn, Mark, America Alone: The End of the World As We Know It;
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Strassler, Robert B., The Landmark Thucydides: A Comprehensive Guide to the Peloponnesian War;
Strassler, Robert B., The Landmark Xenophon's Hellenika;
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Sullivan, James, The Hardest Working Man: How James Brown Saved the Soul of America;
Sumner, Graham, Roman Military Clothing (1) 100 BC-AD 200;
Sumner, Graham, Roman Military Clothing (2) AD 200-400;
Suskind, Ron, The One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies Since 9/11:
Swanston, Malcolm, Mapping History Battles and Campaigns;
Swiderski, Richard M., Quicksilver: A History of the Use, Lore, and Effects of Mercury;
Swiderski, Richard M., Quicksilver: A History of the Use, Lore, and Effects of Mercury;
Swift, Jonathan, Gulliver's Travels;
Syme, Ronald, The Roman Revolution;
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Tawil, Camille, Brothers In Arms: The Story of al-Qa'ida and the Arab Jihadists;
Tech Briefs: Engineering Solutions for Design & Manufacturing;
Tech Net: The Microsoft Journal for IT Professionals;
Tech Partner: Gain a Competitive Edge Through Solutions Providers;
Technology & Learning: Ideas and Tools for Ed Tech Leaders;
Tenet, George, At the Center of the Storm: The CIA During America's Time of Crisis;
Thackeray, W. M., Vanity Fair;
Thompson, Derrick & William Martin, Have Guitars ... Will Travel: A Journey Through the Beat Music Scene in Northampton 1957-66;
Tolstoy, Leo, Anna Karenina;
Trento, Joseph J., The Secret History of the CIA;
Twain, Mark, The Gilded Age: a Tale of Today;
Ungar, Craig, House of Bush House of Saud;
Unterberger, Richie, The Unreleased Beatles Music & Film;
VAR Business: Strategic Insight for Technology Integrators:
Virgil, The Aeneid
Virtualization Review: Powering the New IT Generation;
Visual Studio: Enterprise Solutions for .Net Development;
VON Magazine: Voice, Video & Vision;
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Ward-Perkins, The Fall of Rome and the End of Civilization;
Warren, Robert Penn, All the King's Men;
Wasik, John F., Cul-de-Sac Syndrome: Turning Around the Unsustainable American Dream;
Weber, Karl, Editor, Lincoln: A President for the Ages;
Website Magazine: The Magazine for Website Success;
Weiner, Tim, Enemies: A History of the FBI;
Weiner, Tim, Legacy of Ashes: The History of the CIA;
West, Bing, The Strongest Tribe: War, Politics, and the Endgame in Iraq;
Wharton, Edith, The Age of Innocence;
Wilcox, Peter, Rome's Enemies (1) Germanics and Dacians;
Wise, Terence, Armies of the Carthaginian Wars 265 - 146 BC;
Wissner-Gross, What Colleges Don't Tell You (And Other Parents Don't Want You To Know) 272 Secrets For Getting Your Kid Into the Top Schools;
Wissner-Gross, What High Schools Don't Tell You;
Wolf, Naomi, Give Me Liberty: A Handbook for American Revolutionaries;
Wolf, Naomi, The End of America: Letter of Warning to a Young Patriot;
Woodward, Bob, Plan of Attack;
Woodward, Bob, The Agenda: Inside the Clinton White House;
Wright, Lawrence, The Looming Tower: Al-Qaeda and the Road to 9/11;
Wright-Porto, Heather, Beginning Google Blogger;
Xenophon, The Anabasis of Cyrus;
Yergin, Daniel, The Prize: The Epic Quest for Oil, Money, & Power;