“Still, up in the air, Feinberg said, is whether his office will administer the $100 million, or whether it will be left to a charitable foundation. Those details, he said, would be worked out between BP and the Obama administration.”
A ‘charitable foundation’?
hmmmm...let me guess. Some leftwing group that will funnel money to democrats running for elective office? Perhaps ACORN so they can get more black panthers with billy clubs to the polls. (eye roll)
IMPEACH NOW!!
(/Snix)....who saw that coming? The FR poster who described BP's $20B as "the largest campaign contribution in history." That's who.
JUST WONDERING How did the admin arrive at $20 billion without the benefit of a full investigation of the causes and without a final solution for the problem? How come the $20B agreement between Ohaha and BP was not published?
WH Meeting with BP executives in the Roosevelt Room; taken and released June 16.
(L-R): BP CEO Tony Hayward, BP Chairman Carl-Henric Svanberg, BP General Counsel
Rupert Bondy, BP Managing Director Robert Dudley, Senior Obama Advisor Valerie Jarrett,
Labor Secy Hilda Solis, Attorney General Eric Holder, Biden, Obama and Homeland Security
Secretary Janet Napolitano. Rahm Emanuel also attended.
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The buzz is Joe Biden was tapped as the point man----and told BP---"you give us $20B or we'll take it from you." Biden is the person to watch like a hawk w/ $20B campaign funds floating around.
Keep in mind Ohaha put Biden in charge of the $2 trillion stimulus pkg and that millions in stimulus are being hidden in the states for endangered Dems (unused portions then wire-transferred offshore to numbered accounts?) Read on.
Offshore fraudster had links to fund run by relatives of Biden
Reuters on Yahoo.com | 2/23/09 | BY Ajay Kamalakaran
EXCERPT --- A fund of hedge funds run by two members of VP Joe Biden's family was marketed exclusively by firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.
The $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said.
Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.
Paradigm Global Advisors is owned through a holding company by the vice president's son, Hunter, and Joe Biden's brother, James, according to the paper. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million. He told the paper the Bidens never met or communicated with Stanford.
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QUESTION While were on the subject of slush funds, where did all of Ohaha's so-called Stimulus money go?............
ANSWER Most of the stim is still in Washington---controlled by Biden and Ohaha. Some of it is hidden in the states with endangered Dems---ballyhooed under the guise of "creating jobs."
CASE IN POINT In the state of NJ, investigative news reports say Ohaha sent $14.5B stim that just disappeared......as incumbent Dem gov (ex-Goldman Sachs head) was trying for reelection. The Dim lost even after Biden/Ohaha came into the state several times and Ohaha ads ran relentlessly on pricey NY media.
Mother Jones mag reported the real amt of the bailouts was $14 trillion --- the $750 TARP was just a diversion. GANGSTER GOVERNMENT MIGHT SCAM TRILLIONS USING THE MADOFF MO: Madoff created a labyrinth of interrelated international funds, institutions and financial entities of almost unparalleled complexity and breadth......with assets and businesses in miltiple places overseas that hid thievery, money launderering and tax evasion.
Add government fraud to the Ohaha list of crimes.