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To: NOW who wrote (187302)	2/28/2009 9:09:17 PM
From: Bank Holding Company	Respond to of 306849

> ROBERT JOHNSON: I would ask for letters of resignation from the top executives of all the major banks. I would not do a case by case restructuring. I would take the largest group all in and say, "I want everybody's letter for resignation." << But they seem like such nice folk.

To: NOW who wrote (187302)	2/28/2009 9:27:29 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

Moyers is really honing in on the central issue right now (both last week with Simon Johnson and now this week): BILL MOYERS: So are these negotiations going on this week between Treasury and Citigroup crucial to this process? ROBERT JOHNSON: I think they're crucial to the process. I also think, if you're going to allow them to act as zombies, then the regulators need to be really fierce. To curtail the activities within the bank while it's motoring along, hoping for a rebound. BILL MOYERS: This is what puzzles me. I mean, Citigroup executives who got that bank into this ditch, seem to have as much authority in dealing with the government, the Treasury, as the Treasury has in dealing with them. Does that seem right to you? ROBERT JOHNSON: It doesn't seem right, but it does seem real. When one looks at websites, like OpenSecrets.org, and looks at the scale of campaign contributions that come from Wall Street, one understands why Wall Street, how do I say -- when they talk, people listen. I truly expect to hear broadcasts on Monday expressing great sadness regarding Moyers' untimely death in a (choose one): a. Automobile accident b. Heart attack c. Air crash d. Suicide Johnson was spot on regarding effective corrective action, too. Nothing short of decapitating the Big 4 (JPM, WFC, C, BAC) will work.

To: NOW who wrote (187302)	2/28/2009 9:48:29 PM
From: Giordano Bruno	Respond to of 306849

Here's the video pbs.org

To: NOW who wrote (187302)	2/28/2009 11:07:53 PM
From: bruiser98	Respond to of 306849

Ashton Carter boston.com

To: NOW who wrote (187302)	3/1/2009 7:14:23 AM
From: ChanceIs	Read Replies (1) \| Respond to of 306849

>>>PRESIDENT BARACK OBAMA: And I intend to hold these banks fully accountable for the assistance they receive, and this time they will have to clearly demonstrate how taxpayer dollars result in more lending for the American taxpayer. This time, this time CEOs won't be able to use taxpayer money to pad their paychecks or buy fancy drapes or disappear on a private jet. Those days are over.<<< Hmmm. Hmmmmmmmmm. Can anybody update me about how Bloomberg's Freedom of Information (FOI) suit against the Federal Reserve Board is going?? Bloomberg was basically trying to get a paper trail on the toxic assets they had "purchased" from the banks. We have this wonderful new air of openness.