"It became clear to us that Chrysler does not see the wisdom of terminating 25 percent of its dealers. It really wasn't Chrysler's decision. They are under enormous pressure from the President's automotive task force," said attorney Leonard Bellavia.
Thursday, May 28, 2009
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Can you say Cronyism Part II:
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Louis Susman has one thing in common with many of his predecessors nominated to be the U.S. ambassador to the United Kingdom: money.
Susman, 71, a retired Citigroup Inc. senior investment banker, raised between $200,000 and $500,000 for President Barack Obama’s presidential campaign and another $300,000 for his inauguration. On Wednesday, Obama nominated Susman to the post formally known as the Court of St. James.
Like Andrew Mellon, Joseph Kennedy and Walter Annenberg before him, Susman’s credentials stem more from involvement in financing party politics than foreign policy experience.
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The shocking part is not that he was a campaign contributor nor the fact that he has little foreign policy experience, its the fact that HE WORKS FOR CITIBANK. THESE ARE THE PEOPLE THAT CAUSED THE FINANCIAL CRISIS!