Tag: Obama Administration
Did Obama Administration Screw Up on AIG?
8-ball sez, “Signs Point to Yes.” In a NYTimes article(read the whole thing, it’s excellent), it appears that lots of people were aware that a significant round of bonuses were due to be paid out on March 15, but those people did not include Timothy Geithner: Mr. (Representative Elijah) Cummings said he had been communicating […]
Citigroup Gets a Well Deserved Spanking
After taking 45 billion in tax payer money Citigroup unveiled their plans to purchase a 50 million dollar luxury jet that seats twelve. Fortunately the Obama Administration stepped in – and what do you know? – bye, bye jet. ABC News has learned that on Monday officials of the Obama administration called Citigroupabout the company’s […]
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