1/25/2010

Looks Like The WHite House Needs A Sacrifice

I may be getting really cynical, but it sounds like they are about to feed Geithner to the wolves:
Breaking News: "The New York Federal Reserve is being investigated by Neil Barofsky, the special inspector general overseeing the troubled assets relief programme, over its disclosure of documents relating to the bail-out of AIG and its counterparties.
In a statement submitted to the House oversight committee, Mr Barofsky said his team is examining whether the New York Fed improperly withheld information about the AIG bail-out from the Securities and Exchange Commission and his office."

I am on record as to the inappropriateness of Geithner as TresSec, but it now looks like political expediency may do what conscience could not.

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