aigfp-er
suck it, we kept our bonus money and you cant touch us! fire anybody you want to, just keep paying us millions for doing nothing! we won, admit it, you lost.
View ArticleMike N
9 out of 10 Americans don't give a flying f&^k as long as they can continue to put their new flat panels on their credit cards...
View ArticlePaulina
Bravo, Henry. I do think Marquis has one small point, a point I am using, too. I have had time to prepare.
View ArticleLanZ
Let's give TB the benefit of the doubt . . . let's say Citi and BAC had been nationalized. That would have been very expensive . . . likely many banks and money markets which owned C and BAC bank debt...
View ArticleBroker
It really appears that the reason that AIG was bailed out was to make the world safe for Goldman Sachs partners to collect their seven figure bonuses. The companies who bet big on AIG being a solvent...
View Articlebroker
As one who didn't vote for Obama I think that Obama needs to offload incompetants like Geitner and Napalitano before they pull him down like Rumsfeld did with GWB.
View Articleuhduh
"If the goal was to keep the system operating..." In case you haven't noticed, "the system" is seriously fucked.
View ArticleNoSingleOne
The entire Goldman Sachs contingent cabal needs to go as well. No more foxes watching henhouses, Obama.
View ArticleTom in NC
Henry, agree and very well articulated. Although all 5 reasons are valid, it is reason #4 that bolsters my confidence this will happen soon.
View ArticleEdwin
You get the rail. I' get the tar and feathers. The good news for Tim - he probably won't have to sell his house when he moves back to New York to work at ????????.
View ArticleCharles
Exactly. The Geithner logic is basically "If you force Goldman, JPM et al to take haircuts on AIG positions - even small ones - then they will become so scared and risk averse that, going forward, they...
View ArticleGlenn
The good news for Tim - he probably won't have to sell his house when he moves back to New York to work at ???????? Why Goldman, of course.
View ArticleRealityCheck
Geithner is not just an idiot - he's also a coward in the face of power. An essential part of being a "good guy" is having the guts to do the right thing.
View Articlejoe poncakia
Henry...In my opinion Geitner would not be on the ropes the way he is if the greedy bastards that caused this mess didn't rub the taxpayers face in shit. Their arrogance, insensitivity and cluelessness...
View Articlesmartone
Henry another thing that should be investigated on Mar 15, 2009 a story leaked that AIG was planning to give $165 million to executives- on March 15th was also the day that it was AIG quietly discloses...
View Articlerd
Paulson and Bernanke were also in on many of these decisions in a crisis setting. Paulson knew that hew would be gone in a few months and executed some ideas in the meantime. I disagree with some of...
View ArticleMarquis Lafayett
"TurboTax Timmy has had a full year now to move beyond crisis mode" What makes you think the crisis has ended LOL!!!!!!!!!!!!!! just because you don't see the DOW dropping doesn't mean everything is...
View Articleumfug
Awwww... come on. This administration has only stole a few trillion in tax dollars. The hope and change is right around the corner. Don't give up.
View ArticleDDD
so you think BO didn't know the true identities (foxes) of these people before the appointments, he IS the big fox...
View ArticleDaveInDave
http://truthingold.blogspot.com/2010/01/enough-is-enough-time-to-fire-geithner.html
View ArticleRSDallas
I could not agree MORE and PLEASE fire that dumb ass Summers at the same time.
View Articledavidofff
You are totally wrong about their innocent intentions. He is part of a very big conspiracy and only stupid blind people(sheeple) dont know what is really happening in the deliberate looting and...
View ArticleMarquis Lafayett
yawn ... you have no idea what's happening to the american economy .... your the sheep ....
View Articledavidofff
@marquis lafayette I amwaiting for your enlightening discourse with an open mind
View ArticleMarquis Lafayett
ok david ... let me put it to you like this ... Why is it the Tim's job to worry about reuglating the markets right now ? He has better things to worry about than if bankers are getting bonuses or not...
View Articlebill bradly
Did Obama keep Tim (who was appointed by President Bush) around when he became President knowing he could use him to do the bad stuff and then push him out????
View ArticleUm, not going to give Turbo Tim a pass on this
Marquis Lafayett said "look , when i play a sport or a game i'm not a sore loser , if someone beats me i shake their hand and congradgulate them . Tim here played a good game , and as far as round one...
View ArticleMarquis Lafayett
uhhh forgive my horrible spelling , i'm watching a movie as i write this so let me rewrite this so it makes sense . 1 . Tim has more imporant issues to worry about other than reuglating the markets ,...
View Articleumfug
Are you kidding? "Honors the rules" I am afraid you may be on a different planet, cause it seems to me that bad businesses are not allowed to fail, and in order to ensure this, I am on the hook for a...
View ArticlePan Glozz
I agree that Geithner's smug arrogance is fueling populist rage. I believe that the Geithner-AIG story is a plant. (It was broken by Bloomberg, that itself is odd). The story is designed to deflect...
View ArticleCornelius Rooster
Yes, and following the logic of "look , when i play a sport or a game i'm not a sore loser , if someone beats me i shake their hand and congradgulate them ", the banks should not be a sore loser (they...
View ArticleAmused moderate
Yes, and an obsessively-posting wanna-be jihadist in a balaclava is the genius who knows all of the angles and the future to boot. This site is my favorite laugh of the day. I nominate Mr. Lafayett to...
View ArticleWilliam Safire
Your spelling shows that you are eminently qualified to be writing on this site. In fact, don't be surprised if Henry offers you a permanent job.
View Articlerd
By crisis, I mean the point where immediate collapse is a real threat. Immediate means that the banks shutdown all interbank transfers which was getting close last fall as the Libor rate showed. They...
View ArticleJoe in Miami
Let me compliment you on your poetic, picturesque writing style. Appointing a tax-dodging head of the NY Fed to head the Treasury/IRS was a bad idea that never sat well with me. I suspect Obama will...
View ArticleGordon
Geithner, Paulson, and Bernanke have done a incredible job. look at where we are today vs. one year ago. they brought us back from the brink and they did what they had to do. of course we have the...
View ArticleMarquis Lafayett
thank you ! i'm glad you like my angry nija constume .... you can see me in action here on my youtube page .. http://www.youtube.com/user/MarquisdeLafayett
View Articlecut$paste
black swan on Jan 5, 1:54 PM said: So Volcker, the former CEO of J. Rothschild, Wolfensohn & Company, and the guy who just co-authored a letter with Al Greenspan, warning Congress not to pass...
View ArticleMarquis Lafayett
Lets take a REAL look at the issues here ... ------Geithner was directly responsible for the most appalling corporate bailout in U.S. History (AIG) ------ ok , this one's easy ... what does AIG do ?...
View ArticleMaritxu
Everyone looked the other way at Geithner's tax evasion problems, purportedly because there was no one else in the entire United States brilliant enough to save the economy from collapse. Since then we...
View ArticleThopmas
Little Timmy will not go before the midterm elections. It would hurt the Dems too much.
View ArticleScott
What can you expect from a 48 year old man (supposedly well educated) who claimed that he did not understand that he was responsible for paying income tax on straight salary?
View ArticleRahulgonzalez
Why did Barack Obama win the presidency in 2008? Silly question. It was the economy, stupid! Wall Street greed and arrogance over a period of years finally brought about its inevitable economic (and...
View Articleandy88
I don't think Avatar is a flop. I was writing about the opening weekend, which was less than what was anticipated (expected to be north of $90 mill, biggest December open ever). Since -technology it's...
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