Phil’s Favorites – By Ilene

Stock Market, Investing & Related Current Events

Bill Black: Fire Tim Geithner

Bill Black: Fire Tim Geithner

Courtesy of Adam Sharp at Bearish News

Excellent Bill Black interview via Tech Ticker. Topic de jure – The horrible job Mr. Geithner did negotiating CIT’s bailout on behalf of the American taxpayer, essentially flushing $2.3 billion down the toilet.

Click here for the video

Also see my interview with Mr. Black on financial reform. In reply to a question on whether his outspoken views have limited his career prospects he said this:

My crucial CLGs (”career limiting gestures”) were being a serial whistleblower and helping to cause two presidential appointees (i.e., my bosses) to resign in disgrace.  I also played some role in Speaker Wright’s decision to resign in disgrace and the embarrassment of the Keating Five.  Pointing out that Geithner was selected because he was a perennial failure and moral cripple, not despite these defects, pales in comparison to those CLGs.

 

November 8, 2009 - Posted by ilene9 | Uncategorized | , | No Comments Yet

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