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Author Topic: Geithner says he should have known about bonus problems sooner  (Read 3265 times)

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Offline bijou

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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/
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Offline RightCoast

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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.

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Offline thundley4

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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.
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Offline Peter3_1

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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?
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Offline Chris

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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:
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Offline BlueStateSaint

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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."
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Offline NHSparky

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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.
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Offline Carl

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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.
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Offline TheSarge

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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.
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Offline Tess Anderson

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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.
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Offline Bluesuiter-Retired

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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.
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Offline Peter3_1

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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. 
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Offline Wineslob

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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.
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Offline Peter3_1

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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!
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Offline Jim

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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.
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Offline Peter3_1

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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:
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