• 27 Jan 2010 at 9:55 AM

Live-Blogging The Geithner Grilling

By

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?


Picture 100.png
Picture 99.png
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!!!

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Comments (137)

Older Comments
  1. 1
    Posted by guest | January 27, 2010 at 6:09 AM

    Which one is Roy?

  2. 2
    Posted by guest | January 27, 2010 at 6:10 AM

    there's gonna be a showdown….

  3. 3
    Posted by Pfluger the Barbaria | January 27, 2010 at 6:11 AM

    Wall Street "looted the corpse!"
    Cue Timmy. This should be good…

  4. 4
    Posted by guest | January 27, 2010 at 6:12 AM

    december cfa level I pass rate = 34%

  5. 5
    Posted by guest | January 27, 2010 at 6:13 AM

    Bess,
    You're on a gravy train with biscuit wheels.

  6. 6
    Posted by Ernie McCracken | January 27, 2010 at 6:15 AM

    Edolphus knows "da bihnez" of Wall Street

  7. 7
    Posted by guest | January 27, 2010 at 6:16 AM

    Blah, blah, blah, blame Wall Street, Obama is great, you suck, blah, blah…

  8. 8
    Posted by guest | January 27, 2010 at 6:18 AM

    "fixin the system"
    "complicated bidness deals"
    can the democrats get better puppets please?

  9. 9
    Posted by guest | January 27, 2010 at 6:20 AM

    GoingConcern totally F'd their site up. It looks like its set up for 6 year olds now.

  10. 10
    Posted by guest | January 27, 2010 at 6:21 AM

    Who wants to take a big Whiff of Assness?

  11. 11
    Posted by NakedShort | January 27, 2010 at 6:22 AM

    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.

  12. 12
    Posted by Pfluger the Barbaria | January 27, 2010 at 6:23 AM

    Eat the mike, Timmy!

  13. 13
    Posted by liquid | January 27, 2010 at 6:24 AM

    back door bailout sounds like a porn flick

  14. 14
    Posted by Lindsay | January 27, 2010 at 6:24 AM

    Timmy's odds of departure surging on Intrade — up 40 points with a 10 pt spread.

  15. 15
    Posted by Bess Levin | January 27, 2010 at 6:26 AM

    @13-20 does it sound like a porn flick?

  16. 16
    Posted by Bess Levin | January 27, 2010 at 6:27 AM

    @5 It's a small world when you have unbelievable tits.

  17. 17
    Posted by guest | January 27, 2010 at 6:29 AM

    I think it might sound like a porn flick, but I am still unconvinced.

  18. 18
    Posted by guest | January 27, 2010 at 6:30 AM

    So liquid, are you retarded or is that an attempt at some sort of humor?

  19. 19
    Posted by guest | January 27, 2010 at 6:31 AM

    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!

  20. 20
    Posted by guest | January 27, 2010 at 6:38 AM

    Comment so nice, you posted it twice.
    Or 8x. 8x posting FTW!!!

  21. 21
    Posted by guest | January 27, 2010 at 6:39 AM

    @11/NS made me laugh once again, thanks.

  22. 22
    Posted by guest | January 27, 2010 at 6:42 AM

    Hey @liquid, I hope you get a paper cut today, and it doesn't heal for a year.

  23. 23
    Posted by guest | January 27, 2010 at 6:52 AM

    Frowny man with the glasses to the right of Geithner keeps nodding off.

  24. 24
    Posted by guest | January 27, 2010 at 6:53 AM

    Did Congress and Geithner spend last night rehearsing their Q&A together?

  25. 25
    Posted by guest | January 27, 2010 at 6:53 AM

    @BL @10:42 Maybe she's just laughing at the "kick me" sign the Beard put on TG's back.

  26. 26
    Posted by guest | January 27, 2010 at 6:55 AM

    Didn't Jimmy Cayne have something to say about Geithner's hose?

  27. 27
    Posted by Lindsay | January 27, 2010 at 6:57 AM

    #30 you are totally right. Fat guy with the Lennon specs is sleeping.

  28. 28
    Posted by guest | January 27, 2010 at 7:05 AM

    Better change the headline of this article to delete the word "grilling"
    It's more like a blow job

  29. 29
    Posted by ex-PMB chick | January 27, 2010 at 7:09 AM

    @35 You're dating the wrong girls.

  30. 30
    Posted by guest | January 27, 2010 at 7:09 AM

    "Shut up Misa! You don't know me!"
    -TG

  31. 31
    Posted by guest | January 27, 2010 at 7:10 AM

    "Shut up Mica! You don't know me!"
    -TG

  32. 32
    Posted by guest | January 27, 2010 at 7:12 AM

    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.

  33. 33
    Posted by guest | January 27, 2010 at 7:22 AM

    Ex JT Marlin partner currently asking questions.
    What a scum bag.

  34. 34
    Posted by guest | January 27, 2010 at 7:26 AM

    It stinks to high heaven….
    Mr. Congressman, I respect your opinion, but your a horse's ass….

  35. 35
    Posted by guest | January 27, 2010 at 7:30 AM

    Am I supposed to take that as a compliment, or not? I can't tell.

  36. 36
    Posted by guest | January 27, 2010 at 7:31 AM

    Does anyone on this comment page actually work?

  37. 37
    Posted by guest | January 27, 2010 at 7:36 AM

    @43 do you?

  38. 38
    Posted by guest | January 27, 2010 at 7:36 AM

    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.

  39. 39
    Posted by guest | January 27, 2010 at 7:39 AM

    "Forcing your debtholders to take a haircut on debt obligations isn't default" -Congress
    Yes it is, dumbasses
    -Restructuring Banker

  40. 40
    Posted by guest | January 27, 2010 at 7:40 AM

    You go girl, Congresswoman Kaptur. What firm did he work for?

  41. 41
    Posted by Ouch | January 27, 2010 at 7:52 AM

    I hope Timmie had his asbestos underpants on

  42. 42
    Posted by guest | January 27, 2010 at 7:53 AM

    is that chick awaiting a facial?

  43. 43
    Posted by guest | January 27, 2010 at 7:53 AM

    Oooh scary. "WSJ" live video links to Fox News. Rubert is ubiquitous.

  44. 44
    Posted by guest | January 27, 2010 at 7:56 AM

    Mr. McHenry really likes martial arts. "Glass Steven Steagall"

  45. 45
    Posted by guest | January 27, 2010 at 7:56 AM

    someone needs to put TG out of his misery.

  46. 46
    Posted by guest | January 27, 2010 at 7:57 AM

    Chubby chick needs to chill out.

  47. 47
    Posted by guest | January 27, 2010 at 7:58 AM

    @46,
    It's shocking that theses clowns weren't given a restructuring and workout primer.

  48. 48
    Posted by Pfluger the Barbaria | January 27, 2010 at 7:58 AM

    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.

  49. 49
    Posted by guest | January 27, 2010 at 8:01 AM

    @44 Yep. I get paid to read great blogs like DB …

  50. 50
    Posted by Pfluger the Barbaria | January 27, 2010 at 8:03 AM

    @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.

  51. 51
    Posted by guest | January 27, 2010 at 8:05 AM

    @36 – 35 is dating her: http://www.youtube.com/watch?v=0hm7pp_JFOs

  52. 52
    Posted by Motive Examiner | January 27, 2010 at 8:06 AM

    @Liquid- care to clarify?
    @Bess- what did you do to Gasbag?

  53. 53
    Posted by guest | January 27, 2010 at 8:19 AM

    @56 was that sarcasm? if so it went over my head, since it seems like that's exactly what you're doing.

  54. 54
    Posted by guest | January 27, 2010 at 8:32 AM

    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?

  55. 55
    Posted by guest | January 27, 2010 at 8:32 AM

    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?

  56. 56
    Posted by guest | January 27, 2010 at 8:34 AM

    Let's hurry this up – I have a thing with a river, my hands and some fish.
    -HP

  57. 57
    Posted by guest | January 27, 2010 at 8:34 AM

    Let's hurry this up – I have a thing with a river, my hands and some fish.
    -HP
    Sent From Blackberry.

  58. 58
    Posted by guest | January 27, 2010 at 8:35 AM

    Go Hank. Tell them what's up.

  59. 59
    Posted by guest | January 27, 2010 at 8:55 AM

    @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.

  60. 60
    Posted by liquid | January 27, 2010 at 10:23 AM

    back door bailout sounds like a porn flick

  61. 61
    Posted by liquid | January 27, 2010 at 10:24 AM

    back door bailout sounds like a porn flick

  62. 62
    Posted by liquid | January 27, 2010 at 10:24 AM

    back door bailout sounds like a porn flick

  63. 63
    Posted by liquid | January 27, 2010 at 10:24 AM

    back door bailout sounds like a porn flick

  64. 64
    Posted by Andrew | February 2, 2010 at 7:38 AM

    What's going on Timmy?
    Another good reason why Geithner could no longer be Treasury Secretary by the end of the year.

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