
“New York Democrat Chuck Schumer said the Treasury nominee has an ‘uncanny ability to delve into a subject’ and ‘master it.’ Americans can only hope, because you wouldn’t know it based on the little that Mr. Lew claims to have known about what happened during his tenure at Citigroup from 2006-2008. He was a senior executive at the giant failing bank before and during the financial crisis, but he gave the impression he was there mostly to cash a paycheck. When Orrin Hatch ticked off the problems that afflicted the two Citi divisions that Mr. Lew oversaw as chief operating officer, the nominee seemed to know less about them than Mr. Hatch.”
http://online.wsj.com/article/SB10001424127887324616604578302284234282160.html
Related posts:
Report details ‘callous’ lack of sexual assault investigation by D.C. police
Eleven people across UK arrested for making 'racist or anti-religious' comments on Facebook
Tax Cuts Feed China’s Consuming Passion
This Bizarre Russian ATM Wants to Lend You Money
Man who created own credit card sues bank for not sticking to terms
Gold suffers worst November since 1978
Hundreds fill New York’s Times Square to protest attack against Syria
New York fails Common Core tests; more states to follow
European central banks mull bolder moves to prevent low inflation
New sanctions on Iran introduced to Congress
Silver Fixing Company to Stop Running London Benchmark
Number of Chinese becoming US citizens declines
Central bank puts the brakes on the bitcoin train in India
British visitors to US to be 'asked' for passwords and phone contacts at airports
Who Needs Bitcoin? Venezuela Has Its 'Sucre'