Tag Archives: wall street

Geithner In The Hot Seat

There are now serious questions being asked about Treasury Secretary Tim Geithner’s role in the AIG bonus scandal. It is clear now that Geithner knew long before this weekend about the AIG bonuses. Yet, it was not until the bonuses … Continue reading

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The Taxpayer Gravy Train

Let me get straight to the point. If the Obama administration gives AIG the additional $30 billion that it says it will, then it is the Obama administration that is using taxpayer money to pay hundreds of millions of dollars … Continue reading

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Why Is Neel Kashkari Still Employed?

Neel Kashkari holds the title of “Interim Assistant Secretary for Financial Stability” at the Treasury Department. He was appointed by Bush Treasury Secretary Hank Paulson to manage the TARP funds. He oversaw the distribution of $350 billion in tax payer … Continue reading

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Moral Hazard On Wall Street

White House spokesman Robert Gibbs went after Rick Santelli of CNBC during today’s White House Press Briefing. He was responding to Santelli’s on-air rant yesterday from the floor of the Chicago Board of Trade. Santelli was mocking Obama’s mortgage plan … Continue reading

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