Author Topic: The Unintended Consequences Continue to Pile Up  (Read 1077 times)

JEast

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The Unintended Consequences Continue to Pile Up
« on: March 18, 2009, 11:22:03 AM »
Yes and as expected, the new U.S. Government has gotten off to a bumpy start. However, let us admit that they have a full plate indeed unlike many other new administrations. However, when you come in firing all cannons at once, you do have a tendency to misfire on occasion and of course you will have those unintended consequences.

Only on the job for a few months, the speculation now grows as the new Treasury Secretary may be on the way out (though only speculation at this point).
http://www.businessinsider.com/henry-blodget-tim-geithner-deathwatch-2009-3

The point? Maybe this is good news that AIG will finally unwind and the good guys start writing good business.


Cheers


ubuy2wron

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Re: The Unintended Consequences Continue to Pile Up
« Reply #1 on: March 18, 2009, 03:23:00 PM »
Geitner may be the weakest link in the Obama administration but Blodget makes Cramer look ethical he is nothing but a hedgie wh*re and I appologize to the wh*res out there for the character slam.