Friday, March 20, 2009

Curiouser and curiouser! Is someone lying?

So, did Geithner lie when he told the press earlier that he didn't know about the AIG bonus until 2 days before they were to be handed out? Read today's CNN report :

"In an interview with CNN's Ali Velshi Thursday, Treasury Secretary Timothy Geithner confirmed that his department had pushed Sen. Chris Dodd to add a loophole in the federal stimulus bill allowing bailout recipients to receive bonuses. Dodd had told the network Wednesday that he had been the one to insert the loophole, but at the request of the Treasury.

The Treasury Department was concerned that legislation that would restrict contractual bonuses would not hold up to legal challenges, Geithner said in an interview with CNN's Ali Velshi. "

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