« Climate Denial and the Chamber | Main | $140 Billion for Bonuses, Zero for America’s Future »

November 10, 2009

How Wall Street bought Tim Geithner

-- by Dave Johnson

I just came across this: How Wall Street bought Tim Geithner -- DailyFinance.

Have you ever wondered why Wall Street was able to get $23.7 trillion from the federal government after making some bad bets that wiped out $30 trillion in stock market value worldwide and helped throw 15.1 million people out of work?

. . . This brings us to a report by Bloomberg which reveals that aides to Treasury Secretary Timothy Geithner earned millions of dollars from Goldman Sachs Group (GS), Citigroup (C), and other Wall Street financial powerhouses.

Go read. Wall Street firms were shoveling vast amounts of cash to pepole who are now Geithner's aides. Obama has to fire Geithner and the entire Wall Street crowd around him because of the appearance of corruption - actual or not. This crowd is destroying public trust in government.

Posted by Dave Johnson at November 10, 2009 10:51 AM


Post a comment

Thanks for signing in, . Now you can comment. (sign out)

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Remember me?

Email this entry to:

Your email address:

Message (optional):

Return to main page