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Sunday, April 5, 2009

Geithner to Banks: Government Decides Your Executive Line-Up

Geithner to Banks: Get Federal Help, Government Decides Your Executive Line-Up - First 100 Days of Presidency - Politics FOXNews.com:
"Asked if chief executives of big banks such as Citibank and Bank of America should worry about their jobs if their companies don't improve their performance, Geithner said the government would not shy from such a restructuring.

'Where that's necessary, where it meets the test, where it's necessary to do what we ... exist to do, which is to make sure that this financial system supports recovery and the banks emerge stronger,' Geithner said."

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