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Reply #3: Yes, just a few mere months ago, Shaun Donovan and high-level Justice [View All]

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chill_wind Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-04-12 12:13 AM
Response to Reply #2
3. Yes, just a few mere months ago, Shaun Donovan and high-level Justice
were reportedly all over him-

http://www.nytimes.com/2011/08/22/business/schneiderman-is-said-to-face-pressure-to-back-bank-deal.html?_r=1&pagewanted=all

We're to believe there's been a sudden new change of heart and direction (some interesting anecdotal stuff about the S.O.U and the First Lady's Box):

http://www.washingtonpost.com/opinions/eric-schneiderman-new-york-ag-shaped-drive-to-hold-banks-accountable/2012/01/30/gIQAjWxCgQ_story.html

All we can do is hope he'll continue to be not all that easily politically co-opted (by those predisposed to bringing the trouble makers officially inside, keeping them busy, "better to have them inside the tent p*ssing out".) I always felt that was somewhat at operation with Warren. She was brought "inside the tent" and then was essentially sandbagged and neutered from getting anything really dangerous done for a critical period of time.

As for the parade of other investigation/prosecution-minded SigTarp types (remember Barofsky), well there are other ways of dealing with them. You just get your deputy communications to trash and kneecap them when they start taking their job too seriously:



The White House trashed Barofsky in a blog on its site written by Jen Psaki, deputy communications director.

"Some people don't like movies with happy endings," she wrote. "How else to explain this week's report by Sigtarp? Rather than focusing on the growing evidence we've seen in recent months that TARP will be far less costly than anyone expected, Sigtarp instead sought to generate a false controversy over AIG to try and grab a few, cheap headlines."

THE NAME-CALLING AND vilification continued for seven more paragraphs. In so many words, she called Barofsky an ignoramus who doesn't comprehend simple multiplication. But her biggest gripe concerned Barofsky's rejection of stand-alone, pro forma accounting. Psaki wrote that Sigtarp's report demonstrated "a fundamental misunderstanding of the difference between audited financial results—which are backward-looking and represent a snapshot in time—and forward-looking valuations of future profits."




http://online.barrons.com/article/SB50001424053111904757804575576510791797970.html?mod=BOL_twm_col

Good luck to the man. Hard to believe he has too many allies in high places in reality. Seriously.

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