The U.S. Treasury should hire a competent public relations firm and send Neel Kashkari, the department’s rude, abrasive Bailout Czar to charm school. According to the NY Post, America’s newest czar gave a Putin-like performance during a brief question and answer session after he delivered the keynote speech at a Midtown Manhattan conference packed with [...]
What the hell is going on with American International Group(AIG)? First the U.S. government tossed the embattled insurance giant an $85 billion credit line in September – when it decided to let Lehman Brothers file for bankruptcy – and that was increased by $38 billion last month. The spiraling cost of the AIG bailout seems [...]