[Azure]

Originally Posted by Iowa_Flames_Fan

Nice indeed. Obama, in September of 2008, warned that the TARP should include regulations to prevent the use of Federal money to pay bonuses to failed executives. No such language was included--and it turns out, Obama was right.


I'm not sure that quote is damning who you think you're damning. This one lies at the feet of one Henry Paulson.

Originally Posted by Ronald Pagan

Well Obama's amended TARP plan uses those stated goals which you quote. So, the plan that Obama proposed while president ascribed to the values that he was quoted as saying while he wasn't president but voting on the TARP plan as proposed by the previous president. What the hell is your point man?

This debate is so moronic. A bunch of guys trying to stir up crap for the sake of it without any contextual realization and a heckuva lot of blatant conjecture.

Found this.

Senate Finance Committee Chairman Chris Dodd, D-Conn., said Wednesday his staff agreed to requests from the administration to delete the executive pay provision that would have applied retroactively to recipients of federal aid.



However, Dodd said he was not aware of any AIG bonuses at the time the change was made.



President Barack Obama, who took office just under two months ago, told reporters Wednesday that his administration was not responsible for a lack of federal supervision of AIG that preceded the company's demise.
But Obama added, "The buck stops with me." ——— The bill is HR 1586.

http://www.denverpost.com/ci_11950170?source=rss