Comment

Pittsburgh Cop-Killer Was Conspiracy Nut and Member of Stormfront

171
Killian Bundy4/05/2009 10:14:22 am PDT

Geithner May Oust Boards at Banks Needing ‘Exceptional’ Aid

Treasury Secretary Timothy Geithner said he’s prepared to oust the senior management and boards of directors at banks that require “exceptional” assistance from the U.S. government.

“If in the future, banks need exceptional assistance in order to get through this, then we will make sure that assistance comes,” while making sure taxpayers are protected, Geithner said today in an interview on the CBS “Face the Nation” program. “Where that requires a change in management and the board, then we will do that.”

So much for shareholder rights.

/someone needs to sue Geithner if he tries it, to find out if it’s even Constitutional