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Politics Realm - A Conservative Perspective

When Did They Know

March 20th 2009 21:33
Before Congress TurboTax Cheat Tim Geithner said about the AIG bonuses:

"I found out the full extent of these bonuses on Tuesday March 10."

Oh Really? Then you need to pay more attention!

December 5, 2008 Report by BLOOMBERG, republished in the New York Post! He's from New York and Bloomberg is a major financial ticker!

December 16, 2008, Representative Cummings (D-MD) requests congressional hearings on upcoming AIG Bonuses

January 27, 2009 article about the bonuses

MARCH 3, 2009 Congress tells him about the bonuses. Now maybe at this point he didn't know the "full extent", but he should have gone back to the office and said "Hey, let's check this out," don't you think.

Now, as I've posted before, the bonuses themselves were a good thing to help AIG get our money paid back with a soft landing. However, this does show that Geithner is completely in over his head. This may be because Barack is doing NCAA tournament charts instead of organizational charts.

It paints Geithner as a liar or incompetent and not paying attention. He's understaffed, I know, but I think Congress made it clear this is important to them on March 3.

You can support my blogging even more by buying my book at Author House. Unlike liberals, this is the only fantasy world I live in

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1 Comments. [ Add A Comment ]

Comment by S.L.

March 20th 2009 21:39
I seriously think this mess was created to stick it to us again. Take bonuses away from the big money guys and then they can steal small bonuses from little guys.

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