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Geithner open to more CEO firings
Posted: April 2nd, 2009, 1:10 pm
by Col. Flagg
http://www.cbsnews.com/blogs/2009/04/01 ... 1030.shtml
Days after GM's CEO Rick Wagoner was forced out by the Obama administration, Treasury Secretary Timothy Geithner left open the possibility that such moves could happen again. When asked if he would leave open the option to pressure a bank CEO to resign, Geithner replied: "Of course."
In a separate interview with ABC News, Geithner said there was no difference in the way the administration has handled the auto and finance industries.
Is that why the banks and Wall Street investment houses got their trillions with no questions asked and no strings attached, while the auto sector had to present Washington with detailed business plans for recovery, re-structuring and bail-out re-payment strategy for a 'mere' $25 billion? What a corrupt mess.
Re: Geithner open to more CEO firings
Posted: April 2nd, 2009, 1:32 pm
by LukeAir2008
Re: Geithner open to more CEO firings
Posted: April 2nd, 2009, 2:23 pm
by Col. Flagg
LukeAir2008 wrote:Col. Flagg wrote:http://www.cbsnews.com/blogs/2009/04/01 ... 1030.shtml
Days after GM's CEO Rick Wagoner was forced out by the Obama administration, Treasury Secretary Timothy Geithner left open the possibility that such moves could happen again. When asked if he would leave open the option to pressure a bank CEO to resign, Geithner replied: "Of course."
In a separate interview with ABC News, Geithner said there was no difference in the way the administration has handled the auto and finance industries.
Is that why the banks and Wall Street investment houses got their trillions with no questions asked and no strings attached, while the auto sector had to present Washington with detailed business plans for recovery, re-structuring and bail-out re-payment strategy for a 'mere' $25 billion? What a corrupt mess.
If you elect criminals...you get crimes. They must be laughing at the stupid public.
I'm sure... can you imagine the laughs these criminals are having at how apathetic, ignorant and gullible the public is? I'm sure they think it's no different than taking candy from a baby.
The Central Bank makes the Government borrow the money to give to the Commercial banks which are owned by the same criminals that own the Central bank. Talk about a ponzi scheme.
Yup!
But no help for any real business.
That ain't their plan.
