TARP has lost 40% since inception

[Coronita]

[quote=arraya]http://www.foxnews.com/politics/2009/03/17/recover-aig-bonuses-lawmakers-scramble-undo-protections-approved/

To Recover AIG Bonuses, Lawmakers Scramble to Undo Protections They Approved
Though Connecticut Democratic Sen. Chris Dodd is among those leading the charge on retrieving AIG bonuses, an amendment he added to the $787 billion stimulus bill last month created a roadblock to getting that money back.

Now this is some funny shit,

Chirstoper Dodd writes an amendment to the stimuls bill protecting the bonus money that was “guaranteed” before 2/11/2009 and now that it’s been paid out and found out and

there is public outcry over it (as there should be) his own bill is preventing them from getting the money back.

Talk about having something blow up in your face, I bet Barry O is fit to be tied right about now.

FWIW the linked artilce states that the Senator that got the most campaign money from AIG – yep thats right Chris Dodd.

An ole Chris was gonna repay the favor by stacking the deck only the deck has just crashed hard on his head.

As I said, that’s funny right there, I don’t care who you are .. that’s funny[/quote]

Yup…I caught that too.

What’s getting even more funnier (i know there is no such word) is despite what Obama has been saying about ethics/integrity, that appointment after appointment, each keeps turning up with some skeleton in the closet. First it’s Geitner’s slippery slope tax evasion. And now this….

Obama’s CIO mired in bribery allegations.

http://www.computerworld.com/action/article.do?command=viewArticleBasic&articleId=9129635&intsrc=hm_list

http://valleywag.gawker.com/5172741/white-house-forgives-cios-youthful-indiscretion

What the heck. It’s almost as if this is a page out of Sales/Marketing 101…If you have a really sour fruit. Market is as the “the juicest, sweetist fruit on the planet”….Similarly, if your appointments/buddies has ethics issues, market your administration as the “most ethical administration, where ethics is #1”.

I have to hand it to the Bush administration. Although that was notorious admin, they were better at covering up their corruption. This admin, either they are too dumb to cover up stupid shit or they are so arrogant/flamboyant about it that they don’t care.

Change, you betcha.

——

Kundra takes leave of absence from federal CIO post
The move follows allegations of bribery in D.C. office he ran
By Patrick Thibodeau

March 13, 2009 (Computerworld) WASHINGTON — The fallout from Thursday’s arrests of a District of Columbia IT security official and contractor quickly raised questions about the fate of Vivek Kundra, the new federal CIO who until recently ran the office now mired in bribery allegations.

Until his appointment by President Barack Obama as CIO less than two weeks ago, Kundra was chief technology officer for the District of Columbia. But yesterday, Kundra’s former ninth-floor office in a downtown government building was a crime scene. A police officer was stationed in the office lobby while investigators searched through records.

A White House official confirmed today that Kundra took a leave of absence from his new CIO job shortly after federal investigators arrested two men in the D.C. government office on bribery charges. The official would not elaborate on the reasons for the leave; there were no indications yesterday that Kundra was involved in any wrongdoing.

Kundra’s decision could slow his plan to create a “revolution” in the federal government’s use of technology.

On the face of it, the allegations have the appearance of a simple financial crime: bribery. Two men have been charged: Yusuf Acar, who currently is the District of Columbia’s acting chief security, earning $127,468 a year, and Sushil Bansal, CEO and founder of Advanced Integrated Technologies Corp., a Washington-based outsourcing vendor that has won a number of contracts from the district’s IT department.

Federal law enforcement officials allege that the two men created “ghost” workers — people who existed only on time sheets — and overbilled the district for software licenses.

Acar and Bansal were arraigned in U.S. District Court yesterday. Bansal was released on the condition that he remain in the area, but Acar was locked up for a long list of reasons spelled out by the U.S. District Attorney Tom Hibarger. He pointed to Acar’s connections to Turkey and to alleged efforts to create bank accounts outside the U.S.

In addition, Hibarger told the judge that officials didn’t know whether Acar still had access to the district’s IT systems. Hibarger’s concern, and Acar’s role as an acting chief security officer, raised questions about the security of the systems and whether they’ve been compromised as part of the bribery scheme.

Asked whether the district government is looking into the security of its IT systems in the wake of the arrests, a spokesman for the D.C. mayor’s office deferred comment, for now, to the FBI and U.S. attorney office, which are leading the investigation. A spokeswoman for the U.S. attorney’s office wouldn’t comment on any IT-related aspects of the case

[Coronita]

HA HA.. This just gets more comical by the minute….
—-
http://finance.yahoo.com/news/Citigroups-top-economist-apf-14671442.html

Citigroup’s top economist tapped for Treasury post

Citigroup chief economist Lewis Alexander to become counselor to Treasury Secretary Geithner
Jeannine Aversa, AP Economics Writer
Tuesday March 17, 2009, 8:32 pm EDT

Citigroup’s chief economist is being tapped for a job at the short-staffed Treasury Department, which is at the center of the Obama administration’s efforts to battle the financial crisis.

Lewis Alexander will become a counselor to Treasury Secretary Timothy Geithner, according to a government official who spoke on condition of anonymity because a formal announcement has not been made. Alexander will work on domestic finance matters, the official said.

Alexander had worked at the Federal Reserve and also served as the Commerce Department’s chief economist in the 1990s.

[Coronita]

HA HA.. This just gets more comical by the minute….
—-
http://finance.yahoo.com/news/Citigroups-top-economist-apf-14671442.html

Citigroup’s top economist tapped for Treasury post

Citigroup chief economist Lewis Alexander to become counselor to Treasury Secretary Geithner
Jeannine Aversa, AP Economics Writer
Tuesday March 17, 2009, 8:32 pm EDT

Citigroup’s chief economist is being tapped for a job at the short-staffed Treasury Department, which is at the center of the Obama administration’s efforts to battle the financial crisis.

Lewis Alexander will become a counselor to Treasury Secretary Timothy Geithner, according to a government official who spoke on condition of anonymity because a formal announcement has not been made. Alexander will work on domestic finance matters, the official said.

Alexander had worked at the Federal Reserve and also served as the Commerce Department’s chief economist in the 1990s.

[Coronita]

HA HA.. This just gets more comical by the minute….
—-
http://finance.yahoo.com/news/Citigroups-top-economist-apf-14671442.html

Citigroup’s top economist tapped for Treasury post

Citigroup chief economist Lewis Alexander to become counselor to Treasury Secretary Geithner
Jeannine Aversa, AP Economics Writer
Tuesday March 17, 2009, 8:32 pm EDT

Citigroup’s chief economist is being tapped for a job at the short-staffed Treasury Department, which is at the center of the Obama administration’s efforts to battle the financial crisis.

Lewis Alexander will become a counselor to Treasury Secretary Timothy Geithner, according to a government official who spoke on condition of anonymity because a formal announcement has not been made. Alexander will work on domestic finance matters, the official said.

Alexander had worked at the Federal Reserve and also served as the Commerce Department’s chief economist in the 1990s.

[Coronita]

HA HA.. This just gets more comical by the minute….
—-
http://finance.yahoo.com/news/Citigroups-top-economist-apf-14671442.html

Citigroup’s top economist tapped for Treasury post

Citigroup chief economist Lewis Alexander to become counselor to Treasury Secretary Geithner
Jeannine Aversa, AP Economics Writer
Tuesday March 17, 2009, 8:32 pm EDT

Citigroup’s chief economist is being tapped for a job at the short-staffed Treasury Department, which is at the center of the Obama administration’s efforts to battle the financial crisis.

Lewis Alexander will become a counselor to Treasury Secretary Timothy Geithner, according to a government official who spoke on condition of anonymity because a formal announcement has not been made. Alexander will work on domestic finance matters, the official said.

Alexander had worked at the Federal Reserve and also served as the Commerce Department’s chief economist in the 1990s.

[Coronita]

HA HA.. This just gets more comical by the minute….
—-
http://finance.yahoo.com/news/Citigroups-top-economist-apf-14671442.html

Citigroup’s top economist tapped for Treasury post

Citigroup chief economist Lewis Alexander to become counselor to Treasury Secretary Geithner
Jeannine Aversa, AP Economics Writer
Tuesday March 17, 2009, 8:32 pm EDT

Citigroup’s chief economist is being tapped for a job at the short-staffed Treasury Department, which is at the center of the Obama administration’s efforts to battle the financial crisis.

Lewis Alexander will become a counselor to Treasury Secretary Timothy Geithner, according to a government official who spoke on condition of anonymity because a formal announcement has not been made. Alexander will work on domestic finance matters, the official said.

Alexander had worked at the Federal Reserve and also served as the Commerce Department’s chief economist in the 1990s.

[Allan from Fallbrook]

Wow. So, this is what we’ve become? A nation of incompetent, bumbling criminals and cronies? This is like something out of a “Pink Panther” movie. I haven’t figured out who is playing Closeau yet.

This is sad. Pathetic and sad. To come to power with such promise and such a clear-cut mandate from the people and respond with this sort of ham-handed bungling is unconscionable. And the problem is: When you point it out, you’re accused of being a right wing nutjob or GOP hack.

[Allan from Fallbrook]

Wow. So, this is what we’ve become? A nation of incompetent, bumbling criminals and cronies? This is like something out of a “Pink Panther” movie. I haven’t figured out who is playing Closeau yet.

This is sad. Pathetic and sad. To come to power with such promise and such a clear-cut mandate from the people and respond with this sort of ham-handed bungling is unconscionable. And the problem is: When you point it out, you’re accused of being a right wing nutjob or GOP hack.

[Allan from Fallbrook]

Wow. So, this is what we’ve become? A nation of incompetent, bumbling criminals and cronies? This is like something out of a “Pink Panther” movie. I haven’t figured out who is playing Closeau yet.

This is sad. Pathetic and sad. To come to power with such promise and such a clear-cut mandate from the people and respond with this sort of ham-handed bungling is unconscionable. And the problem is: When you point it out, you’re accused of being a right wing nutjob or GOP hack.

[Allan from Fallbrook]

Wow. So, this is what we’ve become? A nation of incompetent, bumbling criminals and cronies? This is like something out of a “Pink Panther” movie. I haven’t figured out who is playing Closeau yet.

This is sad. Pathetic and sad. To come to power with such promise and such a clear-cut mandate from the people and respond with this sort of ham-handed bungling is unconscionable. And the problem is: When you point it out, you’re accused of being a right wing nutjob or GOP hack.

[Allan from Fallbrook]

Wow. So, this is what we’ve become? A nation of incompetent, bumbling criminals and cronies? This is like something out of a “Pink Panther” movie. I haven’t figured out who is playing Closeau yet.

This is sad. Pathetic and sad. To come to power with such promise and such a clear-cut mandate from the people and respond with this sort of ham-handed bungling is unconscionable. And the problem is: When you point it out, you’re accused of being a right wing nutjob or GOP hack.

[Veritas]

I do not consider his election a mandate, more of a symbolic gesture on the part of the bleeding hearts. Who is sorry now?

[Veritas]

I do not consider his election a mandate, more of a symbolic gesture on the part of the bleeding hearts. Who is sorry now?

[Veritas]

I do not consider his election a mandate, more of a symbolic gesture on the part of the bleeding hearts. Who is sorry now?

[Veritas]

I do not consider his election a mandate, more of a symbolic gesture on the part of the bleeding hearts. Who is sorry now?

[Author]

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