9:55 5 minutes to show time. While we wait:
(I have it on good authority that Geithner and Paulson have rehearsed the above moves and will be performing them in lieu of opening remarks. Or they’ll just sit there and recuse themselves while turning red. It’ll be one of these two things. Hoping against hope…)
10:10 Rep. Towns: “The AIG counterparties were given a piggy-bank full of taxpayer money and told ‘help yourselves’.”
E-Towns invites everyone to join him in fixing the system. Come on down.
10:18 Rep. Issa comes out with the big guns– the old man and his dog, who told Issa bankruptcy would’ve been a better option, and who is putting together a jigsaw puzzle that will reveal a picture of Geithner shoving hundos in Lloyd’s g-string.
10:20 T.Geith’s eyebrows are not happy.
10:24 Geithner did what he did for the American people. He loves you all so damn much.
10:28 AIG was “the only fire company operating at the time.” So TG whipped out his hose, and did what he had to do.
10:40 This decision didn’t come easy. It was like Sophie’s Choice out there.
10:42 Can we take a guess as to what the girl behind TG is cracking up about?
Rep. whose name I missed: If you had to pick one, would you say you were incompetent on the job, or jacking off on the job? If you had to pick.
Rep. Stephen Lynch: YOU SCALPED THE PEOPLE AT BEAR STEARNS! [Jimmy Cayne: Hell yes!]. AND IT STINKS TO HIGH HEAVEN! [Chuckles behind TG really liked this one]
11:35 Rep. Kaptur: Mr. Geither, who do you work for?
TG: I-uh-
Kaptur: I’m just going to read off a list of the AIG counterparties whose balls you lovingly nuzzled, tell me which ones have you on payroll.
TG: I work for the people! Let me finish! I just wanna say, wait, stop let me finish!
11:38 When is Paulson going to come in and relieve TG? ‘Cause Frodo is in serious danger of blowing a gasket.
11:45 Apparently Geithner couldn’t get the AIG counterparties to accept less than 100 cents on the dollar because they were all really good negotiators, who do this for a living.
12:30 Geithner knew nothing, saw nothing, said nothing. Stop yelling at me!!!
Which one is Roy?
there's gonna be a showdown….
Wall Street "looted the corpse!"
Cue Timmy. This should be good…
december cfa level I pass rate = 34%
Bess,
You're on a gravy train with biscuit wheels.
Edolphus knows "da bihnez" of Wall Street
Blah, blah, blah, blame Wall Street, Obama is great, you suck, blah, blah…
"fixin the system"
"complicated bidness deals"
can the democrats get better puppets please?
GoingConcern totally F'd their site up. It looks like its set up for 6 year olds now.
Who wants to take a big Whiff of Assness?
Hank: You'll go in, they'll be up there, you're down here. Right? They're on top, they're asking you the questions. Then all of a sudden the interview starts, they ask you about Maiden Lane III, you vaguely answer some questions. Then you start asking THEM the questions where was the regulation of CDS? Why did your force Fannie and Freddie to reduce underwritting requirements? You flip it. Now they're trying to impress you.
Timmy: Turn that shit around on him.
Hank: Turn it around on him.
Timmy: Topsy-turvy that motherfucker.
Eat the mike, Timmy!
back door bailout sounds like a porn flick
Timmy's odds of departure surging on Intrade — up 40 points with a 10 pt spread.
@13-20 does it sound like a porn flick?
@5 It's a small world when you have unbelievable tits.
I think it might sound like a porn flick, but I am still unconvinced.
So liquid, are you retarded or is that an attempt at some sort of humor?
Mr. Geithner did you withhold information from the FED with regards to AIG's infusion of taxpayer money?
TG:The issue here is not whether we broke a few rules, or took a few liberties with our female party guests; we did. But you can't hold a whole fraternity responsible for the behavior of a few sick, perverted individuals. For if you do, then shouldn't we blame the whole fraternity system? And if the whole fraternity system is guilty, then isn't this an indictment of our educational institutions in general? I put it to you, Barney Isn't this an indictment of our entire American society? Well, you can do what you want to us, but we're not going to sit here and listen to you bad-mouth the United States of America! Gentlemen!
Comment so nice, you posted it twice.
Or 8x. 8x posting FTW!!!
@11/NS made me laugh once again, thanks.
Hey @liquid, I hope you get a paper cut today, and it doesn't heal for a year.
Frowny man with the glasses to the right of Geithner keeps nodding off.
Did Congress and Geithner spend last night rehearsing their Q&A together?
@BL @10:42 Maybe she's just laughing at the "kick me" sign the Beard put on TG's back.
Didn't Jimmy Cayne have something to say about Geithner's hose?
#30 you are totally right. Fat guy with the Lennon specs is sleeping.
Better change the headline of this article to delete the word "grilling"
It's more like a blow job
@35 You're dating the wrong girls.
"Shut up Misa! You don't know me!"
-TG
"Shut up Mica! You don't know me!"
-TG
ROFL. Tiny Tim just blinking back tears.
They say never bullshit a bullshitter and this guy is sitting there trying to BS a room full of them.
He just doesn't get that the congresscritters will cannibalize their own young.
Ex JT Marlin partner currently asking questions.
What a scum bag.
It stinks to high heaven….
Mr. Congressman, I respect your opinion, but your a horse's ass….
Am I supposed to take that as a compliment, or not? I can't tell.
Does anyone on this comment page actually work?
@43 do you?
Tip to Timmay and others–before appearing at a congressional shakedown, get the Botox shots in advance. Being unable to show emotion will really psych them out.
"Forcing your debtholders to take a haircut on debt obligations isn't default" -Congress
Yes it is, dumbasses
-Restructuring Banker
You go girl, Congresswoman Kaptur. What firm did he work for?
I hope Timmie had his asbestos underpants on
is that chick awaiting a facial?
Oooh scary. "WSJ" live video links to Fox News. Rubert is ubiquitous.
Mr. McHenry really likes martial arts. "Glass Steven Steagall"
someone needs to put TG out of his misery.
Chubby chick needs to chill out.
@46,
It's shocking that theses clowns weren't given a restructuring and workout primer.
I counted 8 creases on Timmy's forehead. Maybe 9. Tough to tell, because they appear and then disappear very quickly, like a strobe light.
@44 Yep. I get paid to read great blogs like DB …
@54:
Its the same reason they claimed that if GM filed Chapter 11, every single GM employee would lose their job.
In Washington, political psychodrama >> understanding of defaults, Chap. 11, restructuring, etc.
@36 – 35 is dating her: http://www.youtube.com/watch?v=0hm7pp_JFOs
@Liquid- care to clarify?
@Bess- what did you do to Gasbag?
@56 was that sarcasm? if so it went over my head, since it seems like that's exactly what you're doing.
Who is this douche who is speaking now after whining that he didn't get to answer any questions?
Is he on that Jersey Shore show?
Who is this douche who is speaking now after whining that he didn't get to ask any questions?
Is he on that Jersey Shore show?
Let's hurry this up – I have a thing with a river, my hands and some fish.
-HP
Let's hurry this up – I have a thing with a river, my hands and some fish.
-HP
Sent From Blackberry.
Go Hank. Tell them what's up.
@22,
No, @13-20 is a referendum on the 'HTTP 500 Internal server error' experienced 10 out of 10 times while attempting to post.
This posting mechanism is the Spruce Goose of the cyberworld.
back door bailout sounds like a porn flick
back door bailout sounds like a porn flick
back door bailout sounds like a porn flick
back door bailout sounds like a porn flick
What's going on Timmy?
Another good reason why Geithner could no longer be Treasury Secretary by the end of the year.