The Unintended Consequences Continue to Pile Up

[JEast]

Yes and as expected, the new U.S. Government has gotten off to a bumpy start. However, let us admit that they have a full plate indeed unlike many other new administrations. However, when you come in firing all cannons at once, you do have a tendency to misfire on occasion and of course you will have those unintended consequences.

 

Only on the job for a few months, the speculation now grows as the new Treasury Secretary may be on the way out (though only speculation at this point).

http://www.businessinsider.com/henry-blodget-tim-geithner-deathwatch-2009-3

 

The point? Maybe this is good news that AIG will finally unwind and the good guys start writing good business.

 

 

Cheers

[ubuy2wron]

Geitner may be the weakest link in the Obama administration but Blodget makes Cramer look ethical he is nothing but a hedgie wh*re and I appologize to the wh*res out there for the character slam.