Geithner defends AIG bailout

U.S. Treasury Secretary Timothy Geithner defended the costly bailout of AIG and urged swift regulatory reform to safeguard the economy from the failure of big financial firms.

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News & Politics

Tags:

• REUTERS
• USA
• GEITHNER AIG ROUGH

[Masterbangify]

Well, Well, Well, he looks shaky inside and on the outside he looks like he took some pills before he came for this. Well done Mr. Geithner.

[BemusedTIger]

does anyone have a photo of geithner blowing summers or rubin? They prbbly do him together. Hes a sap and a jew lier.

[BemusedTIger]

Geithner: what a sneaky jew. What ppl arent saying is AIG was basically CREATED by regulation, in almost same way big acctg firms (old Arthr Andersen, Price Wtrh etc) and credit agencies were. Govt forced firms to deal w these firms and thats how they got money. No one expected aig to survive a big crisis. They just knew they were forced to buy insurance from them in order to trd derivatives.

[Pbellis1000]

Barofsky (TARP Inspector) says the government essentially played a bad game of poker with the country's biggest banks. It agreed to give banks 100 cents on the dollar for what in hindsight were risky bets that the banks had made with American International Group Inc. The report says the government could have played a stronger hand and forced the banks to accept less.

Geithner sold the American taxpayer down the river and cost US billions that will never be repaid. He should be in prision.

[appauled25]

What a piece of S**t*. We need to stuff the worm in his hole and leave him until the little wrech expires.

[michaelmage]

Here we see a worm squirm. Geithner is a master deceiver and liar.