It seems that Secretary Geithneris losing confidence of Obama? There are no clear signals but it seems there are rumblings in Washington. The AIG bonus mess is clearly on him, since he’s in charge of the bailouts.
Analysis: AIG bonuses new cloud over Treasury boss
WASHINGTON – If not distancing itself from Treasury Secretary Timothy Geithner, the White House is placing firmly on his shoulders responsibility for how the government handled the $165 million in bonuses paid to about 400 executives and traders at American International Group Inc.
“Secretary Geithner last week engaged with the CEO of AIG to communicate what we thought were outrageous and unacceptable bonuses,” White House spokesman Robert Gibbs said Tuesday.
Then he volunteered the answer to a question being asked all over Washington: Did Geithner still enjoy President Barack Obama‘s confidence, given the whopping bonuses the failed insurance giant paid Friday after receiving taxpayer bailout money?
Treasury Secretary Timothy Geithner doesn’t know what he’s doing. He was in charge of the NY Fed when Wall Street Collapsed, so he shares some of the blame. Geithner is just a piece of the puzzle, He is just a spokesman for Obama’s Statist agenda.
Tags: bailout, Marxism, obama, Secretary Geithner, Wall Street
