“Obama administration special envoy Richard Holbooke was on the American International Group Inc. board of directors in early 2008 when the insurance company locked in the bonuses now stoking national outrage…During that period, AIG undertook the aggressive investment strategies that led to a near-collapse and forced a multibillion-dollar federal bailout.”
http://www.huffingtonpost.com/2009/03/19/obama-envoy-richard-holbr_n_177161.html
Let’s hope he has better results guiding foreign nations to work with us than he did guiding advising AIG management.
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Yes!
Next question.
No,i am not happy knowing that,nor does it make me sad,i KNEW not to vote for Obama so it makes no difference to me at all.
Breaking news! Not.
He was also on the board of Lehman.
Crooked Chicago Politicians always reward their partners in crime.
Happy? No
Surprised? No.
Did you complain when I VP was CEO of Haliburton and the Pres was a former oil exec? Not the kind of people that most of us want making policy decisions in the White House.
Of course, McCain was one of the Keating five and Sarah Palin recently had another ethics complaint filed about her misuse of her office and abuse of power. Why is it that you Republicans seem to forget that 96.2 percent of all politicians convicted of corruption are Republicans? It is as if math, science, and all that education stuff just goes right over your heads.
Next you will be telling us that global warming isn’t real, evolution doesn’t occur, the bible is the literal truth (even its contradictions), Obama is not an American, the moon landings were faked, and the world is flat.
Nope.
Putting Holbrooke in charge of such important negotiations is like putting the captain of the Titanic in charge of the US Navy.
According to the SEC filings, AIG paid Holbrooke $267,943 in fees and stock awards in 2007; he was paid $232,865 in 2006. He certainly wasn’t much use in guiding AIG properly.
In Jimmy Carter’s administration, Holbrooke was head of the State Department’s Bureau of East Asian and Pacific Affairs serving when the US supported Indonesia when it invaded East Timor, killing over 200,000 in the process.