Entries by emptywheel

Obama Moves GM and Chrysler Towards Bankruptcy

Let me start by saying I’m non-plussed by the call for Rick Wagoner’s head. I think Wagoner was making the right moves recently, but he was also responsible for years of inaction. So I’m not sorry to see him gone. In any case, Obama is forcing out the entire board of GM, so Wagoner would have had to go anyway.

That said, here’s what Obama seems to be announcing today:Chrysler will be

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Cheney Lies, Obstruction Of Justice & Torture Tape Destruction

Marcy noted earlier the article in today’s Washington Post by Peter Finn and Joby Warrick detailing the story surrounding abu-Zubaydah’s capture and torture. I want to pick up where Marcy left off; i.e. the evidence that nothing was obtained from abu-Zubaydah’s torture is the reason the torture tapes destroyed.

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Citi and AIG Didn’t Still Don’t Get It

Fox Business News has an article describing what it got in response to a FOIA request for Treasury documents on the bailout. While most of the interesting details were redacted because of attorney-client privilege, the documents do reveal the extent to which Citi and AIG were as arrogant when Treasury was negotiating this stuff as they have been in recent weeks.

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