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Should Barack Obama Fire Treasury Secretary Timothy Geithner?

  • Broadcast in Politics Progressive
AAPolitical Slugfest

AAPolitical Slugfest


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Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to keep its bonuses. In an interview with CNN's Ali Velshi, Geithner said the Treasury Department was particularly concerned the government would face lawsuits if bonus contracts were breached. Dodd admitted to CNN Thursday he'd added the controversial provision after a Treasury official pushed for it. Earlier in the week, Dodd had said he had not played any role in the addition of the loophole. Geithner told Velshi Thursday he takes full responsibility for the situation. Full responsibilty, what does that mean? Let's talk about this and other issues tonight on the slugfest!