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Treasury's Top Candidate to Run TARP Drops Out
The Wall Street Journal ^
| March 25, 2009
| Deborah Solomon
Posted on 03/25/2009 7:36:30 AM PDT by Terabitten
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Treasury Secretary Timothy Geithner is now considering several other candidates, including Herb Allison, who currently heads mortgage titan Fannie Mae.So they're looking at one of the guys who caused the whole mess to help fix it?
Lord, give me strength.
To: Terabitten
2
posted on
03/25/2009 7:40:07 AM PDT
by
ontap
(Just another backstabbing conservative)
To: Terabitten
"Timothy Geithner is now considering several other candidates, including Herb Allison, who currently heads mortgage titan Fannie Mae." Why not, may as well have both crooks from Fannie Mae and Freddie Mac running the show, so they can "co-ordinate" their cover up work.
Unfreakin' believable. Where's the FBI? CIA? Why isn't Obama and all the rest of these crooks, Democrat party in prison?
To: Terabitten
http://nymag.com/daily/intel/2008/09/meet_herb_alison_fannie_maes_n.html QUOTE:
I worked with and for Allison at Merrill Lynch. When I heard a rumor that he was appointed head of FNMA, I thought I was being put on. Herb is the ultimate Wall Street politician who somehow rose to the top of Merrill Lynch without ever having a real line job: not a broker, not a trader, not a banker......His management of the Capital Markets area in the mid-late 90’s was inept.....because he didn't know anything about any of these businesses. He nurtured the rapidly expanding derivitives market and those who led Merrill towards their disaster. He was also the person who saw to it that the analyst who covered Enron and wanted to warn of its hazards was fired. (See court records.) The only political thing he messed up was not keeping a good enough eye on his own Brutus......Stan O’Neal.
Report
By oilmerrill on 09/24/2008 at 10:21am
END QUOTE
4
posted on
03/25/2009 7:40:55 AM PDT
by
silverleaf
(Freedom's just another word for "nothing left to lose")
To: Terabitten
5
posted on
03/25/2009 7:42:38 AM PDT
by
ex91B10
To: Terabitten
Treasury Secretary Timothy Geithner is now considering several other candidates, including Herb Allison, who currently heads mortgage titan Fannie Mae.Now there you go. THAT'S a sterling resume!
6
posted on
03/25/2009 7:42:41 AM PDT
by
VeniVidiVici
(Yes, Gorbachev is better than Obama. At least Gorbachev admitted he was a Communist)
To: ontap; Terabitten
Brosens began a 15-year career with Goldman Sachs & Co. He became a partner in 1988 before retiring in 1994 as the co-head of energy trading.
7
posted on
03/25/2009 7:43:28 AM PDT
by
maggief
(The only transparency within this administration is the teleprompter.)
To: maggief
http://www.washingtonpost.com/wp-dyn/content/article/2009/01/17/AR2009011702520.html
The Donors Who Gave Big, and Often - Obama’s $100,000-Plus Backers Were Able to Contribute to Several Entities
Washington Post, The (DC) - Sunday, January 18, 2009
Author: Kimberly Kindy and Sarah Cohen, Washington Post Staff Writers
Nearly 100 wealthy families and power couples contributed at least $100,000 each to help Barack Obama over the past two years, creating an elite set of donors to whom the president-elect repeatedly turned in financing his campaign, transition and inauguration, a Washington Post analysis shows.
As inaugural donations become public, a list of Obama’s most loyal backers has emerged, pointing to his success with a system that allows supporters to give maximum amounts on several occasions and to multiple committees.
The families gave to as many as five committees, records show, and 27 of the 94 families also bundled money from others, collecting millions of dollars on top of their personal donations.
Among the supporters were well-known families such as the Rockefellers, as well as lesser-known backers such as New Yorker Frank Brosens , a leader in the hedge fund industry, who raised $500,000 for Obama’s campaign and inauguration in addition to the $182,000 he gave with his wife, parents and three sons.
“I told them it’s going to be a passion for me, and I’d like for them to get involved,” Brosens said.
(snip)
8
posted on
03/25/2009 7:46:05 AM PDT
by
maggief
(The only transparency within this administration is the teleprompter.)
To: ex91B10
9
posted on
03/25/2009 7:48:23 AM PDT
by
Terabitten
(To all RINOs: You're expendable. Sarah isn't.)
To: maggief
Wonder how his taxes look?
10
posted on
03/25/2009 7:48:47 AM PDT
by
ontap
(Just another backstabbing conservative)
Comment #11 Removed by Moderator
To: Terabitten
No one wants to take these jobs, because the public hates TARP and the bailouts and they know Geithner will be pitched overboard soon after the majority of Obama’s dirty work is done.
12
posted on
03/25/2009 7:56:46 AM PDT
by
PGR88
To: Nathan Zachary
Why not, may as well have both crooks from Fannie Mae and Freddie Mac running the show, so they can "co-ordinate" their cover up work. Allison is the government conservator for Fannie Mae, meaning he was appointed to run the shop by President Bush AFTER Fannie Mae was nationalized.
13
posted on
03/25/2009 7:57:09 AM PDT
by
Alter Kaker
(Gravitation is a theory, not a fact. It should be approached with an open mind...)
To: Terabitten
Vetting .,, the bane of charlatans.
To: Alter Kaker
Still a crook, regardless of how he got there. Bush was obviously an idiot for putting him there.
To: Terabitten
and another one bites the dust.....lol
16
posted on
03/25/2009 8:03:15 AM PDT
by
penelopesire
("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
To: Terabitten
I wonder what his bonus was last year?
17
posted on
03/25/2009 8:07:47 AM PDT
by
GeronL
(http://tyrannysentinel.blogspot.com)
To: maggief
100 families gave at least $10 million to the O... and how many now have government jobs?
18
posted on
03/25/2009 8:09:32 AM PDT
by
GeronL
(http://tyrannysentinel.blogspot.com)
To: PGR88
Democrats only drop out if some scandal in their closet is about to become public.
19
posted on
03/25/2009 8:10:12 AM PDT
by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Terabitten
These people are ALL crooks.
20
posted on
03/25/2009 8:11:53 AM PDT
by
Mad_Tom_Rackham
(What did Obama's Teleprompter know, and when did it know it...)
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