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Week of March 29, 2009 - April 4, 2009

Josh Marshall needs some bigger balls


Why is Josh such a pussy?  Instead of dancing around the subject he should just name names and say which banking CEOs he wants ousted! Why does he bring up the subject but then not close the loop?  Maybe it's because he went to Princeton and Brown and I just went to a state-school.  So I clearly don't get his intellectual points.

Here's what he said - "Why is Rick Wagoner getting the boot while the management of the big banks remains in place? Whatever resonance the question has on first blush, it gets more complicated on further inspection. Citi does not have the same CEO it did at the start of the crisis. And the government installed a new CEO at AIG after the initial bailout. Another rejoinder might be that the automakers' plight is of a much more longstanding vintage than that of the finance barons, though I suspect, as we learn more, we'll be revisiting those assumptions. And even after getting substantial government aid, I think Wagoner's the first auto industry CEO to get the boot. So perhaps we should be asking why it is that something like this hasn't happened sooner.

All that said, though, after that meeting of the major bank CEOs at the White House last week, it's hard for me not to think that, for all that has happened, their clout in Washington is just on a scale where they are accepted as peers of the realm. And simply immune to certain sorts of treatment.

--Josh Marshall"


C'mon Josh - show some sack.  Maybe you should try to interview them first before you just spout about their "clout".  Did you do any due diligence before writing this?






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MiddleClassBill

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