Posted on 10/07/2014 10:36:20 PM PDT by Olog-hai
Timothy Geithner, a key player in the U.S. government’s 2008 bailout of American International Group Inc., is due back in court Wednesday in a trial of a lawsuit filed by the insurance giant’s former CEO over the handling of the rescue.
On Tuesday, Geithner affirmed his belief that the bailout was needed to avert disaster for the financial system. Geithner was president of the New York Federal Reserve at the time of the rescue and later Treasury secretary. …
(Excerpt) Read more at hosted.ap.org ...
prison time hopefully
It seems like only yesterday that we discovered Obama’s main Tax Man had neglected to pay his own taxes for years. He suffered no real consequence other than minor online embarrassment to the 7% of us really paying attention.
‘lil t will walk scott free not even camp cupcake for him.
see how early he resigned? somebody was on to him then.
i hope he see bars ,i.e., prison bars in the fed pen.
there’s no excuse and the gall to have been nominated
and approved & nary a word was said.
On the scale of magnitude given his work history and
public life and non-payments it is astounding to think he was given a pass.
The list, Ping
Let me know if you would like to be on or off the ping list
Where were the controls . Someone , at least even in his background should have said something- not even a college professor? not even the IRS?
he was given full pass even by the IRS
Geithner. He oozes smarminess, that’s how unctuous he is.The perfect scumbag Treasury Secretary counterpart to Obama’s pathological presidency.
All the TO BIG TO FAIL banks were located in New York, Timmy Geithner was prez of the NY Fed Reserve. HE/NY Fed Reserve were responsible for insuring the TO BIG TO FAIL banks had the reserves necessary to prevent their failure. Yes the TO BIG TO FAIL banks screwed up, but the regulators (Timmy Geithner/NY Fed Reserve) failed in protecting WE THE PEOPLE.
damn shame isn’t it? i hope this man see bars
Am I reading the pulse here correctly that folks are more upset at the government than the POS head of AIG in this case?
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