published 483 days, 23 hours, 35 minutes ago
posted by
Upstate09
484 days, 4 hours, 32 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):
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1 comment posted.
#1
Upstate09
484 days, 4 hours, 29 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!