03-24-2009, 08:03 AM
No Use for Donk Twits
Member Since: Jul 2005
Location: Too Poor To Move
Plenty of Rahm at the AIG Table
The American Spectator : Plenty of Rahm at the AIG Table
Over the past ten days, as the furor over AIG retention plan bonuses has focused on Sen. Chris Dodd and Secretary of the Treasury Timothy Geithner, the White House has undertaken a PR offensive to protect the highest ranking Obama Administration official who was involved in the House and Senate negotiations over the stimulus bill, in which the AIG waiver language was inserted. |
"Right now, you get the feeling this is all about protecting [White House Chief of Staff] Rahm Emanuel,” says a former Treasury Department lawyer, who worked in that department's counsel's office on the Troubled Asset Relief Program (TARP) before joining a D.C.-based law firm in February. "At the time, we were led to believe there were basically three or four people from the Administration at the table when the final deals were cut and one of them was Emanuel."
Informal advisers to Geithner are growing increasingly frustrated, they say, that Geithner is being held up as the straw man for the public anger over the bonuses. "Just over the weekend you saw a new guy added to the target list, [White House economics adviser Larry] Summers,” says a longtime Geithner colleague at the New York Fed. "You have Dodd, Geithner, Summers, but there were other, more senior political people involved in this mess, and their names aren't being mentioned. Why isn't anyone asking Rahm Emanuel, 'What meetings were you in?' 'What did you and the President know and when did you know it?' Tim has some culpability, but he's not the guy who signed off on the Dodd language. He wasn't that empowered to do something like that."
Protect da puppetmaster at all costs!
Joe Biden says that "J-O-B-S" is a three-letter word.
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