"It is clear that Treasury Secretary Timothy Geithner cannot provide the requisite independence that is required in an environment in which financial institutions and other businesses are demanding trillions of dollars of taxpayer money," the letter to President Obama states. "With respect, we urge you to ask for his resignation."
Two weeks ago, WallStreetWatch.Org issued a 231-page report pinpointing twelve policy decisions by the federal government that led directly to the current financial calamity -- and how those policies were dictated by Wall Street through over $5 billion in campaign and lobbying expenditures between 1998 and 2008 by many of the same firms who are receiving American taxpayer dollars.
The letter calling for Geithner's resignation, and "Sold Out: How Wall Street and Washington Betrayed America," are available at: WallStreetWatch.org
Consumer Advocates Call on President to Fire Treasury Secretary Geithner
No comments:
Post a Comment