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More madman management: Feds to pressure TARP CEOs to resign?

published 277 days, 11 hours, 10 minutes ago posted by Upstate09Upstate09 277 days, 16 hours, 7 minutes ago
Friday, May 08, 2009 12:58:40 AM GMT Thursday, May 07, 2009 8:01:11 PM GMT
The march of corporatism continues today as the Obama administration’s “stress tests” for TARP-funded financial institutions await release. Now the Obama administration has heavily hinted that it will expect these institutions to change management if they don’t do well on these mid-term exams, apparently aiming for the decapitation of CEOs at companies like Citi and BofA just as Obama did with GM (h/t Geoff A):
category: White House | clicked: 4 | | source: hotair.com | show counter code
tags: Obama, TARP

1 comment posted.

  • url Thursday, May 07, 2009 8:04:45 PM GMT

    Upstate09Upstate09 277 days, 16 hours, 4 minutes ago said:

    So, how much more control of the private sector will our government take? Well, Obama and his team will name 4 of the 9 Chrysler board of directors. What do they know about running a large company? A community organizer and a Senator for 1.5 years (he was busy campaigning the rest of the time) makes him qualified? Please!

    This is getting scary now!

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