An article titled With Debt Deal in Hand, When Does Geithner Quit? prompted this response from self-described liberal Prof. Dan Kennedy of Northeastern Univ. in Boston:
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A liberal said this?! Amazing. Maybe, just maybe, they are seeing the folly of an Obama presidency. Maybe.
Zing!!!
Geithner out Corzine in?
“MF Global is coming to market with $300mm of senior notes. By itself, this is a routine deal. But this one has some kickers to it that have me scratching my head. Jon Corzine is the CEO over at MF. Jon is ex Goldman and ex governor of NJ. A very powerful guy. He is also a solid Democrat and big supporter of Obama.”
“Corzine is a big shot (he had equal responsibilities at Goldie as did Hank Paulson). He would not consider a low level job in DC. So it has to be Tsec that he is after.”
Bruce Krasting
Talk about failing up. Ugh.