Guess who’s NOT on the Obama CEO pay cut list

Lemme see, let’s take a look here. We have, let’s see now, AIG, Bank of America, Citigroup, even GM.

Goldman Sachs kind of glaringly stands out by its absence, even though everybody who knows everything about the threatened financial collapse last fall knows the AIG bailout was really the Goldman Sachs bailout.

This, in turn, should be one more cautionary sign that whatever fiscal regulation reform bill gets past Congress, and gets Obama’s support to pass Congress, will probably be nearly toothless.

That, in turn is why I blogged yesterday that Paul Volcker should resign now, and resign righteously, as Obama’s top extra-Cabinet financial adviser. It’s clear the administration is sticking him in a corner.