Who’s getting the money?

“So why is no one asking questions about why most of the funds are going to the former employers of our Treasury secretaries? Perhaps because many of the entities who should ask “why” are also CFR corporate members. Among the financial press, the CFR counts among its members Bloomberg, General Electric (NBC, CNBC, MSNBC), News Corporation (Fox, Fox Business), Standard and Poor’s, ABC News, Time Warner (CNN, Time magazine, etc.), Moody’s, and McGraw Hill (book publishers).”

Bonuses are bad, but where did the billions go?

The focus on AIG surrounds bonus money paid with public funds.  Lost in this discussion is the even more outrageous revelation that 10s of billions of public money are going in the front door at AIG, and then straight out the back door to banks that have already received TARP I money.   ”The Wall Street Journal reported on [...]