A September 17, 2008, Washington Post article reported of the Bush administration's decision to bail out AIG, "The terms of the rescue package allow the government to replace [chief executive Robert] Willumstad, and a source familiar with the matter said last night that Willumstad would be succeded [sic] by Edward Liddy, former chief executive of Allstate." On September 17, 2008, the Associated Press likewise reported Willumstad's removal as a part of the bailout deal.
Where were you republicans when the shrub fired AIG's CEO.
Did Rush forget to mention him?
-------------- The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
I haven't forgotten. Here's the link to your quote in case anyone wants to read more. Sounds like this is a Post vs. Tmes thing. As long as we're talking AIG, let's not forget Fannie and Freddie.
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-------------- Actually my wife is especially happy when my google check arrives each month. Thanks to douchbags like you, I get paid just for getting you worked up. -Liberal
As long as we're talking AIG, let's not forget Fannie and Freddie.
DUH! Didn't I post about Fannie and Freddie on the front page of this topic?
Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?
-------------- The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?
Tell ya what you find the actual wording in the Constitution that authorizes the President to TELL a private corporation and it's employees and stockholders that they WILL merge with a foreign auto maker in order to receive the bailout money and I'll get right on your request.
Better yet your sitting in front of a computer look it up yourself.
In the meantime President A$$hat, Barney Crank, Nancy "POS" Pelosi, John "The Marines Murdered those civilians in Cold Blood" Murtha (or Captain Porko if you will) and Harry Reid will continue to drive this country down and remove our rights one by one.
This part only pertains to Financial Institutions and for now it is all I have the time to look up....
‘(1) PROHIBITION- No financial institution that has received or receives a capital investment under this title, or with respect to the Federal National Mortgage Association, the Federal Home Loan Montage Corporation, or a Federal home loan bank, under the amendments made by section 1117 of the Housing and Economic Recovery Act of 2008, may, while that capital investment remains outstanding, make a compensation payment to any executive or employee under any pre-existing compensation arrangement, or enter into a new compensation payment arrangement, if such compensation payment or compensation payment arrangement--
‘(A) provides for compensation that is unreasonable or excessive, as defined in standards established by the Secretary in accordance with paragraph (2)
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-------------- I care not what others think of what I do, but I care very much about what I think of what I do! That is character!
Why don't you republitards see if you can find the actual wording in the bill that says the government can control what a business pays it's employees?
make a compensation payment to any executive or employee under any pre-existing compensation arrangement, or enter into a new compensation payment arrangement, if such compensation payment or compensation payment arrangement--
‘(A) provides for compensation that is unreasonable or excessive, as defined in standards established by the Secretary in accordance with paragraph (2)
You asked for proof of where it says the government can control what a business pays it's employees and I provided. Is a bank not a business? Are the people who work for the bank not employees? I guess not in the Utopian world of the Liberals. It would seem to me that what I found fits your request to a T Libbie.
Oh and by the way I copied a link so I somehow doubt that it is my lie.
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-------------- I care not what others think of what I do, but I care very much about what I think of what I do! That is character!
This idea of Barney "Fat Fingers" Crank and his cronies is going to screw over the lower income guys as well as those who probably should be receiving a serious pay cut unlike our local JOBZ program.
So you're willing to admit you were full of crap when you posted that garbage about the "lower income guys"? Or are you going to claim you just reposted that too?
-------------- The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
Group: Super Administrators
Posts: 3244
Joined: Aug. 2003
Posted on: Apr. 01 2009,6:49 am
QUOTE
AG's office paid $15,000 for 2 soundproof doors The Associated Press Updated: 04/01/2009 02:14:22 AM CDT
ST. PAUL, Minn.—A report says Attorney General Lori Swanson's office paid $15,000 in taxpayer money for two special-order soundproof doors. WCCO-TV says Swanson refused to talk about the doors, which were custom-finished to match the white oak woodwork in her office.
Her spokesman says the new doors are heavy-duty, locked, sand-reinforced doors for security purposes.
But WCCO says it obtained documents that describe the doors as "sound-attenuating," meaning soundproof, not security. And it says the original handles and hinges were reattached.
The report notes that Gov. Tim Pawlenty, who works across the hall from the attorney general, doesn't have soundproof doors on his office.
I wonder what a car with 2 doors will cost when our efficient government is in chage?