A Fresh Start at the Treasury Department
In September 2008, Uncle Sam sent $85 billion to the failed insurer AIG in what was then the biggest government bailout in history.
Now, a Federal watchdog has concluded that Treasury Secretary Tim Geithner failed the taxpayers by overpaying AIG's big bank customers by billions of dollars when he negotiated the bailout as president of the New York Federal Reserve.
The cozy relationships between the bailed out financial companies and powerful politicians like Tim Geithner and Chris Dodd are exactly why Americans have lost trust in Washington, D.C., and why we need new leadership to clean up their mess.
Even before being appointed to manage the financial system as Treasury Secretary, Tim Geithner fleeced the taxpayer, giving billions more of our money to the big banks in what's been called a "backdoor bailout."
Secretary Geithner's failure to protect taxpayer dollars is the last straw. Join Rob Simmons in calling on Secretary Geithner to resign, and for a fresh start at the Treasury Department and in Washington, D.C.







