Tuesday, January 26, 2010

Geithner Testimony Tomorrow

It will be popcorn time Wednesday.

House Oversight Committee Chairman Rep. Edolphus Towns (D-N.Y.) has scheduled a hearing for Wednesday focusing on the AIG bailout. Treasury Secretary Geithner and New York Fed general counsel Thomas C. Baxter Jr are scheduled to testify, along with a former AIG executive and Neil M. Barofsky, the special inspector general for the bailout program.

The committee will be verbally tough on these guys, I mean really put on a show. But nothing of consequence will happen unless the word comes down that someone needs to be taken out.
Then, of course there is also the possiblility, in an unscripted moment, of Geithner saying something that only a Tim Geithner would say, Youtube moment, in other words.

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