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.
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.