Geithner’s Hog-wallow: the US Treasury’s Cash Giveaway Bonanza

There’s depressing news this week that the big banks are up to their old shenanigans again. This time they’ve zeroed in on Geithner’s cash giveaway bonanza, the “Public Private Investment Partnership” (PPIP). As expected, Bank of America and Citigroup have angled their way to the front of the herd, thrusting their pig-heads into the public trough and extracting whatever morsels they can find amid a din of gurgling and sucking sounds. Here’s the story from the New York Post: Continue reading