Geithner "Burned Billions," Shafted Taxpayers on CIT Loan, Prof. Bill Black Says

LIKE CIT; I'M BROKE!..... TELL YER KIDS I AIN'T COMING THIS YEAR!........PEOPLE; NO BURDENSOME SHOPPING THIS YEAR.... MY XMAS GIFT TO YOU.

Yahoo! Finance User - Monday November 02, 2009 12:21PM EST When the story about Geithner’s failure to pay taxes on his immigrant housekeeper first broke, I said I thought Geithner was tainted and if I were Obama I would dump him. (I’m an Obama supporter who has never affiliated himself with any political party.) The ONLY valid reason I can see for keeping him is that Obama could use an insider like Geithner to help BRING DOWN the fat cats. If it turns out that Geithner is there to HELP Wall Street, then, believe me, I’ll be the FIRST one calling for Obama’s head. It’s too early to tell what’s really going on, so the President still gets the benefit of the doubt as far as I’m concerned. ////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// YFU- By the time the truth is told we all will be already flushed down the toilet and trying to stay afloat in the sewer system.

Sell your debtors to the red giant. We give jobs to work off debts. They dig holes. They fill holes.

cit is going through the basement , shares are worthless

It all makes perfect sense if Geithner is on the make.

Re just about all the previous posts: It would be easier to accept your brilliant financial observations if I didn't have to wade through all the typos, misspellings and hideous grammatical mistakes. Please prove that you have beyond a fourth-grade education before you want people to believe you're the next American economic guru. No wonder the rest of the world is eating our lunch.

My opinion about where the market is heading, is more important and accurate than yours.

This guy is an idiot. We've ceased to be a pure capitalist system since the Federal Reserve Act of 1913 when the big banks hijacked Washington. The merger of corporate and state powers is called FASCISM. Wake up, America!

Geithner should have to give up his pay until the money is paid back. Or prison time.

This guy is an idiot. We've ceased to be a pure capitalist system since the Federal Reserve Act of 1913 when the big banks hijacked Washington. The merger of corporate and state powers is called FASCISM. Wake up, America!

hell ,that guy wh thinks obama id good better strat savinghis pennies ..he and geithner willbank ruptthe nsation while theydepodit thier ston money in isreali,s banks .whch wont returnit lookout usas the traitor is within not outside,the press iscovering up for the thousands of madoff.s on wall street

I am becoming poorer, even with a steady job. I cannot afford to buy a house after many years of working. I doubt my future. I doubt my kids' future.

If Black was a "top government regulator" does that mean he is as dumb as the other government regulators? Like the top dumb guy? Even if he is a "good guy" and "smart" it shows that the lowest common denominator prevails in government.

The salary and bonus levels of the top bankers should have been part of the initial bailout package as well as The American people being paid first incase of a chapter 11 filing.. The legeslators,WH and etc are some of the smartest folks that America produces. With that said,those two items that have benefited only a few were missed intentionally. Ever heard of the Bilderbergs or the Trilateral commission ?

The end is near.

Geithner is trying to single handedly destroy the private sector large institution in order to allow for a government take-over through bankruptcy like GM and Chrysler ... this way the labor unions get job security and government grows bigger ... Geithner knew exactly what he was doing before he did anything, the man is calculating and devious .... This is no surprise seeing how he handles the bailing out of firms and then asking for his powers to be increased over companies who do not take his money!

BOYCOTT CHRISTMAS!!!.... BE FREE!!!

I watched some Senate or House hearing where Geitner testified. Who knows what hearing it was because the have hearings to determine what the next hearing will be about. Geitner was flat out combative. He appears to be enamored with his own "intelligence." I understand to some degree that these hearings are a joke, you have a Senator or Congressman reading from questions that have been prepared by some staffer and they are clueless of the issue being discussed. I felt that Geitner's comments were condescendingm at best.

there you go... barack hussein obama PROMISES unemployment is going to continue to RISE ...what a guy .. this POS is so over his head, he is so radical, just a golfing narcissistic loon .... what a complete and utter failure..

Terry F - Monday November 02, 2009 12:17PM EST - Now that's funny!!