Josh Marshall needs some bigger balls
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?











