Posts tagged as:

Elijah Cummings

A Bonus By Any Other Name Smells the Same

December 6, 2008

AIG is about as crafty as a thief can be. The American taxpayers have now “invested” well over $140 Billion in the insurance company because it is too big to fail. I would like to know the criteria or the cut off point for “too big to fail” but it seems to be [...]

Read the full article →

Kucinich, Kashkari and the Kash’n'Kari Plan

November 15, 2008

Today Neel Kashkari, the Interim Assistant Treasury Secretary, faced Dennis Kucinich and company in Congress. It was not pretty.
To read Kashkari’s formal statement click HERE.
The plan was deemed a typical bait and switch scheme. Apparently, no one is pleased with the Paulson “No Bank Left Behind” Plan. Today Kashkari was called on [...]

Read the full article →

Rep. Elijah Cummings Calls for AIG CEO Resignation

November 11, 2008

Democratic Representative Elijah Cummings of Maryland has the courage to call for the resignation of AIG’s CEO Edward Liddy, not just offer him a slap on the hand. The letter requesting the resignation can be found by following the link in red above.
Accordingly
An AIG spokesman has said that Cummings “was mistaken” about the nature [...]

Read the full article →