Tuesday, January 19, 2010
Bernanke wants to keep his job!
Federal Reserve Chairman Ben Bernanke asked Congress' investigative arm Tuesday to conduct a "full review" of the Fed's publicly derided bailout of insurance giant American International Group.
The move is aimed at tamping down criticism of the $182 billion rescue. It has sparked public outrage and demands in Congress for more information about the lifelines, beginning in 2008, provided to the company. The House Committee on Oversight and Government Reform has a probe under way that seeks to provide a fuller picture of the AIG bailout.
The powers-to-be are eating their own. Bernanke wants to keep his job, at the cost of Timmy Geithner losing his!!
Posted by Palmoni at 2:26 PM