Tuesday, March 24, 2009

Rep. Brad Sherman

This is your Congress:
Today, [Rep. Brad Sherman, D-CA) is pressing Geithner for a "chart" of every bailout-receiving executive -- numbers, not names -- who earned a salary of at least $1 million and/or got a bonus of $500,000 in 2008; and every executive who will earn $1 million and/or get a bonus of $250,000 this year.

"I don't think it's just about AIG compensation," Sherman said. "I don't think the American people should be blindsided by bonuses on a Saturday that are going to be paid out on a Sunday. Are you going to give us the chart, or are you going to hide the ball?" Sherman asked, his voice rising.

"I will reflect on the subject..." Geithner began, before being interrupted by Sherman.

"You won't commit to telling the American people how many folks at Goldman Sachs are going to make a million dollars this year?" Sherman said.

"I will think..." Geithner began, before Sherman interrupted again.

"Thank you for thinking," Sherman said, sarcastically. "I will move on."

Sherman then attacked Treasury official Neel Kashkari, the man in charge of doling out the federal bailout, because Kashkari, in testimony before this same committee in December, would not label a $3 million -- or $30 million -- bonus as "inappropriate," Sherman said.

"Is this the guy who should be running the TARP program?" Sherman asked.

"It is not Mr. Kashkari's job to make those judgments. That is my job," Geithner responded, with some anger in his voice. "Mr. Kashkari is an excellent public servant."
What an arrogant clown.

Update: And, oh dear, here's Maxine Waters:

Really, you could replace her with a homeless person off the street and have an equally productive use of Tim Geithner's time.

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