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huffingtonpost.com - 3/16/2009
Robert Kuttner: Lifting the Tarp: Will President Obama's Economic Team Lead Him Off a Cliff?
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In the past two weeks, political support for the Tim Geithner/Larry Summers approach to solving the banking crisis has been unraveling in Congress, with blistering criticism from legislators of both parties. The financial danger is that the Treasury will burn through the money approved by ...
Who Stole Our Country, and How are We Going to Get It Back?
firedoglake.com - 3/16/2009
Who Stole Our Country, and How are We Going to Get It Back?
— firedoglake.com — The White House is worried about backlash over AIG's payout of $450 million in bonuses to the... executives in its high flying Financial Services Group, the out-of-control derivatives trading arm that looted the company, destroyed its stock and ... (more) Who Stole Our Country, and How are We Going to Get It Back?

Comments vote down Eschaton found this 3/16/2009found this
openleft.com - 3/18/2009
Bonus Scandal: Four Questions on Geithner and Summers
— openleft.com — Here are the four main questions about Larry Summers and Timothy Geithner's role in the bonuses scandal:... When did they know about the bonuses? The current line from the administration is that Geithner did not know about the bonuses until last week . ... (more) Bonus Scandal: Four Questions on Geithner and Summers

Comments vote down Tennessee Guerilla Women found this 3/18/2009found this
openleft.com - 3/20/2009
Geithner and Summers AIG Bonus Timeline
— openleft.com — In the extended entry, I provide a lengthy, detailed timeline of AIG bailouts and bonuses, from September... 2008 through the present. The timeline includes the role Timothy Geithner and Larry Summers played in those bailout and bonuses. It shows that, ... (more) Geithner and Summers AIG Bonus Timeline

Comments vote down TPM Election Central found this 3/20/2009found this

Blog Reactions

The Democratic Daily:  The AIG Bonus Debacle

Brilliant at Breakfast:  America Held Hostage

Comments
Blog Reactions

The AIG Bonus Debacle
The Democratic Daily — ... In defending the AIG bonuses, CEO Edward Liddy actually said that you had to pay bonuses to attract and keep “the best and brightest talent,” in this case the very people who are costing America’s taxpayers $175 billion and counting. Far from receiving bonuses, these people deserve to share a cell with Bernie Madoff. ...

America Held Hostage
Brilliant at Breakfast — ... but I don't see how continuing to finance these greedy bastards who are only looking to enrich themselves before the whole thing collapses anyway is going to solve anything. The Administration also loses credibility when it advocates renegotiation of the contracts of automobile workers who actually DO their jobs, and then wrings its hands in helpless despair when it comes to AIG executives who don't -- unless their job consists of stuffing their pockets with taxpayer cash. Robert Kuttner says that Obama's in-thrall-to-Wall-Street money guys are driving the country off a ...

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