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ToddMCTC (93.15)

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CIT in fact better capitalized than GE Capital! Comical! Outrageous! And unfortunately true.

July 13, 2009 – Comments (3) | RELATED TICKERS: GE , C , AIG

"GECC, Zero point zero zero.  Fat drunk and stupid is no way to go through life Mr. Immelt."

http://www.breakingviews.com/2009/07/13/cit.aspx?sg=nytimes

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PBGC put on the pig in 2007; plowed into equities. Comical. A post from Krugman.

April 09, 2009 – Comments (0) | RELATED TICKERS: C , BAC , BCS

Genius! Federal Pension Guarantor Switched From Bonds To Risky Stocks Last YearBy Zachary Roth - March 30, 2009, 11:27AM

In the highly competitive race for the title of "Stupidest Recent Financial Decision Made By A Government Official", this one's got to be a strong contender....  [more]

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Obama's economic saviour savaged as Keating lets rip - Geithner soon to be sent packing?

March 08, 2009 – Comments (3) | RELATED TICKERS: C , BAC , GS

Obama's economic saviour savaged as Keating lets ripPeter HartcherMarch 7, 2009

When Barack Obama announced his champion to rescue the world from economic ruin, it was the first time most Americans had ever heard the name Tim Geithner.  [more]

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