Change I Don't Want to Believe In
I want President Obama to fire Tim Geithner, but this isn't what I call change.
Speculation has also begun about potential employment for Dodd in the Obama administration.
For instance, several Democratic Senate aides noted that Treasury Secretary Timothy Geithner is an extremely unpopular figure in the Senate. Geithner has also taken the brunt of the criticism for the administration’s handling of the economy and, these sources speculated, if the country’s financial picture does not brighten before Election Day, he could be the first secretary to leave the administration.
Although Dodd would appear to be well-situated to take control of Treasury if the position were to open, it may not be smooth sailing for his nomination.
Dodd has been a recipient of the financial industry's generousity. Below is a list of the twenty organizations that been given the most money to Dodd's campaign. ActBlue is the only group that can be described as liberal. If Dodd does become Sec. of Treasury at least he will know all the lobbyists from the major banks.
1 Citigroup Inc
2 SAC Capital Partners
3 United Technologies
4 Royal Bank of Scotland
5 ActBlue $209,000 $209,000 $0
6 Bear Stearns
7 American International Group
8 Merrill Lynch
9 Goldman Sachs
10 Credit Suisse Group
11 Morgan Stanley
12 Travelers Companies
13 JPMorgan Chase & Co
14 The Hartford
15 Hartford Financial Services
16 St Paul Travelers Companies
17 General Electric
18 FMR Corp
19 Ernst & Young
20 Bank of America
Labels: chris dodd, treasury department
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