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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.

1 posted on 03/25/2009 7:36:30 AM PDT by Terabitten
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To: Terabitten

How did his taxes look?


2 posted on 03/25/2009 7:40:07 AM PDT by ontap (Just another backstabbing conservative)
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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?

3 posted on 03/25/2009 7:40:45 AM PDT by Nathan Zachary
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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")
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To: Terabitten
FWIW on Herbert M. Allison
5 posted on 03/25/2009 7:42:38 AM PDT by ex91B10
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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)
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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
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To: Terabitten

Vetting .,, the bane of charlatans.


14 posted on 03/25/2009 7:57:45 AM PDT by OldNavyVet
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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")
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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)
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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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To: Terabitten
Too bad the MSM won't ask Obama why he can't fill the Treasury posts.

The stench at Treasury must be overwhelming.

22 posted on 03/25/2009 8:19:46 AM PDT by Senator_Blutarski (No good deed goes unpunished.)
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To: Terabitten
Hey, that ex Governor from Illinois is looking for a job, he sould fit right in with that mob!
23 posted on 03/25/2009 8:22:04 AM PDT by Eighth Square
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To: Terabitten

Let’s be clear...Mr. Brosens did not want to take the pay cut accepting this position would entail. His hedge fund no doubt stands an excellent chance of paying him a large bonus, where I can assure you a position at Treasury most definitely will not...

So it goes. And Congress is considering giving Geithner increased powers anyway...


25 posted on 03/25/2009 8:24:33 AM PDT by Bean Counter (Stout Hearts.....)
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To: Terabitten

...The Obama administration has Bubonic Plague...


26 posted on 03/25/2009 8:47:14 AM PDT by gargoyle (...Lincoln gave us Amendment 13 and 14. Obamas' trying to have them repealed...)
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To: Terabitten

...The Obama administration has Bubonic Plague...


27 posted on 03/25/2009 8:47:31 AM PDT by gargoyle (...Lincoln gave us Amendment 13 and 14. Obamas' trying to have them repealed...)
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To: Terabitten

This whole charade is to mask a scam organized by certain big democrat bankers and big government democrat politicians bureaucrats to rip off the taxpayer.

They are killing the Golden Goose, and don’t give a damn.


28 posted on 03/25/2009 8:47:46 AM PDT by henkster (0bamanomics: "I'll loan you all the money you need to get out of debt.")
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To: Terabitten

“...was considered the top contender to run the Treasury’s Troubled Asset Relief Program. “

I thought the TARP program was already administered because the nation was going to implode if these companies weren’t rescued immediately from the emergency crisis six months ago.


29 posted on 03/25/2009 8:50:22 AM PDT by Rennes Templar
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To: Terabitten

Smart people are known for not stepping in dog poop!


30 posted on 03/25/2009 8:51:46 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: Terabitten
Here's the scoop for this administration in Washington and how they pick their employees for the DC jobs:

Requirements and Qualifications to work for the Government in 2009:

1)All applicants must first take an IQ test - the one with the lowest score becomes president.

2) The others with the next lowest scores get considered for high appointments in the government.

3) If any of those has committed a crime - that gives them bonus points. Especially if they caused a financial problem, or run a business into the ground, or has not paid their taxes they will be next selected to hold government positions.

4) Weed out anyone who believes in the Constitution. The govt. can't have anyone working for them who opposes government take-overs of business, banks, freedoms.

5) A big plus for their employment by this administration is if they are convincing liars. The bigger tale they can tell and get away with it, the better. This administration needs qualified, professional liars most.

6. Make sure they know how to whine and point fingers and create diversions. You do not want people who can handle the heat and accept responsability themselves. They have to be cowards who blame everyone (particularly the Republicans) else.

Ok folks, add your own qualifications for Obama administration jobs.

32 posted on 03/25/2009 8:59:26 AM PDT by CitizenM ("An excuse is worse than an lie, because an excuse is a lie hidden." Pope John Paul, II)
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To: Terabitten
But of course! It's a new trend whereby arsonists have infiltrated and taken over the fire department. They burn your house down while you're not looking, and then charge you to put the fire out.

It's a lot like RNs who OD patients and then "save" them, but these jokers are a lot less sophisticated and sneaky. They're pretty much in your face with it.
36 posted on 03/25/2009 9:24:11 AM PDT by hiredhand (Understand the CRA and why we're facing economic collapse - see my about page.)
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