« previous next »
Pages: [1]   Go Down

Author Topic: Geithner says he should have known about bonus problems sooner  (Read 3261 times)

0 Members and 1 Guest are viewing this topic.

Offline bijou

  • Topic Moderator
  • Hero Member
  • *****
  • Posts: 8937
  • Reputation: +336/-26
Geithner says he should have known about bonus problems sooner
« on: March 19, 2009, 05:32:39 PM »


Treasury Secretary Timothy Geithner confirmed Thursday that the department did talk to Sen. Chris Dodd about a clause he put forth in the stimulus legislation that would have strictly limited executive bonuses.

 A loophole in the bill allowed bailed-out insurance giant American International Group to keep its bonuses. ...

http://edition.cnn.com/2009/POLITICS/03/19/aig.bonuses.congress/
Logged


Offline RightCoast

  • Hero Member
  • *****
  • Posts: 3438
  • Reputation: +185/-24
  • Semper Fi means more than most will ever know
Re: Geithner says he should have known about bonus problems sooner
« Reply #1 on: March 19, 2009, 05:35:15 PM »
It was not a loophole, it was put in to do just what it did.

Logged
nine eleven is a car
nine one one is an emergency service
September 11, 2001 was an attack
Never Forget, or Minimize.

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2224/-127
Re: Geithner says he should have known about bonus problems sooner
« Reply #2 on: March 19, 2009, 05:50:31 PM »
And according to Dodd it was put in at the insistence of the treasury department.
Logged

Offline Peter3_1

  • Hero Member
  • *****
  • Posts: 1689
  • Reputation: +63/-9
Re: Geithner says he should have known about bonus problems sooner
« Reply #3 on: March 19, 2009, 05:51:03 PM »
It is a sign that the National Nervous breakdown is NOT over. SIX BILLION was little porky stuff we didn't  care about according to Chuck Schumer, but thse saleries ARE earth shattering? What kind of fool have many become?
Logged

Offline Chris

  • Administrator
  • Hero Member
  • *****
  • Posts: 1476
  • Reputation: +522/-16
Re: Geithner says he should have known about bonus problems sooner
« Reply #4 on: March 19, 2009, 06:00:39 PM »
Quote
Geithner says he should have known about bonus problems sooner 

We're talking about a guy that can't figure out how to use TurboTax without screwing up.  :whatever:
Logged
This post is disruptive, hurtful, rude, insensitive, over-the-top, or otherwise inappropriate.

Offline BlueStateSaint

  • Here I come to save the day, because I'm a
  • Hero Member
  • *****
  • Posts: 32553
  • Reputation: +1560/-191
  • RIP FDNY Lt. Rich Nappi d. 4/16/12
Re: Geithner says he should have known about bonus problems sooner
« Reply #5 on: March 19, 2009, 07:21:42 PM »
Quote from: Chris on March 19, 2009, 06:00:39 PM
We're talking about a guy that can't figure out how to use TurboTax without screwing up.  :whatever:

And, when asked about the credit meltdown, replies with a canned lame answer about "global warming."
Logged
"Timid men prefer the calm of despotism to the tempestuous sea of Liberty." - Thomas Jefferson

"All you have to do is look straight and see the road, and when you see it, don't sit looking at it - walk!" -Ayn Rand
 
"Those that trust God with their safety must yet use proper means for their safety, otherwise they tempt Him, and do not trust Him.  God will provide, but so must we also." - Matthew Henry, Commentary on 2 Chronicles 32, from Matthew Henry's Commentary on the Whole Bible

"These anti-gun fools are more dangerous to liberty than street criminals or foreign spies."--Theodore Haas, Dachau Survivor

Chase her.
Chase her even when she's yours.
That's the only way you'll be assured to never lose her.

Offline NHSparky

  • Hero Member
  • *****
  • Posts: 24431
  • Reputation: +1280/-617
  • Where are you going? I was gonna make espresso!
Re: Geithner says he should have known about bonus problems sooner
« Reply #6 on: March 19, 2009, 07:24:17 PM »
Those whom the gods would destroy, they first make proud.  And in just under 2 months, they've tanked worse than any administration in recent history.
Logged
“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline Carl

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 19832
  • Reputation: +1616/-100
Re: Geithner says he should have known about bonus problems sooner
« Reply #7 on: March 19, 2009, 07:59:59 PM »
Prediction....

It is only a matter of time before they try to blame "career" employees (Bush holdovers) for pushing Dodd into writing the loophole in.
Logged

Offline TheSarge

  • Platoon Sergeant
  • Hero Member
  • *****
  • Posts: 9557
  • Reputation: +411/-252
Re: Geithner says he should have known about bonus problems sooner
« Reply #8 on: March 20, 2009, 06:50:33 AM »
Quote from: Carl on March 19, 2009, 07:59:59 PM
Prediction....

It is only a matter of time before they try to blame "career" employees (Bush holdovers) for pushing Dodd into writing the loophole in.

Which will fly until it's revealed that the vast majority of the "holdover" employees are from the Carter and Clinton era.
Logged
Liberalism Is The Philosophy Of The Stupid

The libs/dems of today are the Quislings of former years.  The cowards who would vote a fraud into office in exchange for handouts from the devil.

If it walks like a donkey and brays like a donkey and smells like a donkey - it's Cold Warrior.  - PoliCon



Palin has run a state, a town and a commercial fishing operation. Obama ain't run nothin' but his mouth. - Mark Steyn

Offline Tess Anderson

  • Hero Member
  • *****
  • Posts: 4190
  • Reputation: +2883/-31
Re: Geithner says he should have known about bonus problems sooner
« Reply #9 on: March 20, 2009, 08:12:58 AM »
I'm wondering if Geithner will last through the weekend. Fall time.
Logged

Offline Bluesuiter-Retired

  • Full Member
  • ***
  • Posts: 464
  • Reputation: +20/-17
Re: Geithner says he should have known about bonus problems sooner
« Reply #10 on: March 20, 2009, 10:10:44 AM »
I "do not" want Geithner to resign or get fired.

I want him to keep doing what he is doing, phucking up the economy, because it will lead to the voters reversing during the 2010 elections, which will be the majority party.

2012 will see obama being escorted out of the white house because he is far more incompetent than many dems and libs are willing to admit.
Logged
America - Love It, or LEAVE

Offline Peter3_1

  • Hero Member
  • *****
  • Posts: 1689
  • Reputation: +63/-9
Re: Geithner says he should have known about bonus problems sooner
« Reply #11 on: March 20, 2009, 01:43:45 PM »
Not to worry, The Obama Admin. "economic" plans are designed to fail. It is designed so that it CANNOT BE SUCCESSFUL. Indeed, the two things that would restore some minimum confidence, and REDUCE by BILLIONS the money needed in the banking mess remain not done, and neither has been done, these are addressing mark to market and the uptick rule. 
Logged

Offline Wineslob

  • Hero Member
  • *****
  • Posts: 14480
  • Reputation: +816/-193
  • Sucking the life out of Liberty
Re: Geithner says he should have known about bonus problems sooner
« Reply #12 on: March 20, 2009, 02:06:15 PM »
Quote from: thundley4 on March 19, 2009, 05:50:31 PM
And according to Dodd it was put in at the insistence of the treasury department.


Dodd is full of shit. The Bill was written to exclude bonuses.
Logged
“The national budget must be balanced. The public debt must be reduced; the arrogance of the authorities must be moderated and controlled. Payments to foreign governments must be reduced, if the nation doesn't want to go bankrupt. People must again learn to work, instead of living on public assistance.”

        -- Marcus Tullius Cicero, 55 BC (106-43 BC)

The unobtainable is unknown at Zombo.com



"Practice random violence and senseless acts of brutality"

If you want a gender neutral bathroom, go pee in the forest.

Offline Peter3_1

  • Hero Member
  • *****
  • Posts: 1689
  • Reputation: +63/-9
Re: Geithner says he should have known about bonus problems sooner
« Reply #13 on: March 20, 2009, 03:45:48 PM »
But Dodd's amendment Protects "Bonuses" endered into prior to March 09!
Logged

Offline Jim

  • Hero Member
  • *****
  • Posts: 1260
  • Reputation: +55/-6
Re: Geithner says he should have known about bonus problems sooner
« Reply #14 on: March 20, 2009, 08:06:38 PM »
He was told in a Congressional appearance on 3/3/9 and denied any knowledge.  Caught on C-SPAN.

He lies worse than his boss.
Logged
My fellow Americans, there is nothing audacious about hope. Hope is what makes people buy lottery tickets instead of paying the bills. Hope is for the old gals feeding the slots in Atlantic City. It destroys the inner-city kid who quits school because he hopes he'll be a world-famous recording artist.

What's the difference between Sarah Palin and Barack Obama?

One is a well turned-out, good-looking, and let's be honest, pretty sexy piece of eye-candy.

The other kills her own food.

Offline Peter3_1

  • Hero Member
  • *****
  • Posts: 1689
  • Reputation: +63/-9
Re: Geithner says he should have known about bonus problems sooner
« Reply #15 on: March 21, 2009, 12:37:31 PM »
A polititian lying to your face! I'm shocked and amazed! :evillaugh:
Logged
Pages: [1]   Go Up
« previous next »