After President Barack Obama canned GM CEO Rick Waggoner a week ago, everybody wondered why Treasury Secretary Tim Geithner wasn’t doing the same in the financial sector, with Bank of America CEO Kim Lewis, the focus of shareholder lawsuits, mentioned as Target No. 1. Well, Elizabeth Warren, chairwoman of the Congressional committee overseeing TARP and TARP 2.0 is calling for exactly that, except her ire is focused on Edward Liddy at AIG and Vikram Pandit at Citigroup.
Now let us see how Timmy G responds.
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