for Fannie Mae, is there anyone in America who expects NBC to be 'forthcoming' about ANYTHING?
Posted on 03/19/2009 4:35:22 AM PDT by tobyhill
Federal Reserve officials knew for months about bonuses at American International Group but failed to tell the Obama administration, according to government and company officials, exposing problems in a relationship that is vital to addressing the financial crisis.
As pressure mounted on AIG employees to return the bonuses, new details emerged yesterday about what the Fed, the Treasury Department and the White House knew regarding the payments and when. AIG executives said the Fed was informed three months ago by the company that it would pay $165 million by March 15 to employees working at its most troubled division. The Treasury and White House said they learned of the payments from Fed officials only days before they were due.
Close coordination between the Fed and the administration is now more important than ever as they near the launch of two signature programs to rescue the financial system, which together could reach $2 trillion and are aimed at reviving consumer lending and purchasing soured assets and loans from ailing banks.
(Excerpt) Read more at msnbc.msn.com ...
Yeah, right.
This excuse doesn’t give me confidence in central planning.
What did the teleprompter know and when did it know it? And did it tell Obama?
That settles it. The teleprompter is a Zionist tool. WAKE UP PEOPLEESSSS!!1111!!!!!!!
;-)
“What did the teleprompter know and when did it know it?”
ROTFLMAO!!!!
So now we are to believe that the O white house runs on a don’t ask, don’t tell me proposition?
Give me a break.
I think that should read, “WAKE UP PEEPOLES!”
:)
This article reminds me of the chore I have this morning in the corrals. I’d better get to it.
Someone help me out here. I had assumed if this somehow proved Obama's innocence that it would have said he only learned of the payments days AFTER, not days BEFORE. They knew beforehand and did nothing, that's all that matters. The number of days is irrelevant.
What would have been better yesterday is if FOX had at least reported Dodd's on camera equivicating meltdown. They ignored it because CNN had broken the story. Heartache.
Yea, I should have used the moonbat spellcheck before posting.
:-)
In a dramatic reversal Wednesday, Sen. Chris Dodd, D-Conn., confessed to adding language to a spending cap in the stimulus bill last month that specifically excluded executive bonuses included in contracts signed before the bill’s passage.
Dodd told FOX News that Treasury officials forced him to make the change.
“As many know, the administration was, among others, not happy with the language. They wanted some modifications to it,” he said. “They came to us, our staff, and asked for changes, and the changes at the time did not seem that obnoxious or onerous.”
HAhahahahahahahahahahahahahahaahahahahahahahahahahahahahahahahahaahahahahahahaahahahahahahahaahahahahah!!!!!!!!!!!!!!!!!!!!!!!!!!
Peepoles unite and become a mighty streem to flush this turd from the white house.
“As many know, the administration was, among others, not happy with the change."
My question is how much more did Obama and Dodd get for sneking this into the Stimulus Bill?
I can't believe it was only for 100K each. Glenn Beck showed that AIG paid out billions to firms like Goldman Sachs and many others. How do we find out how much each of those firms gave to Obama and Dodd?
What? The mother of all tax supported rip offs has to tell its political lackeys what the bosses are doing?
Where’s the picture of the guy slapping his forehead?
LLS
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