
Will Obama force any Bank CEO's to resign before June 1, 2009?
No such news by suspend date.
Background:>
Now the president's aggressive move against GM has left some banking executives wondering whether they are next in line.
http://www.washingtonpost.com/wp-dyn/content/article/2009/03/30/AR2009033003409.html
Settlement details:A CEO of a bank that received federal bailout funds must resign (or announce a pending resignation) under pressure from the Obama Administration before 6/1/09 for this market to settle as YES. As reported by a major mainstream news source.
- Activity: H$86,751 |
- Predictions: 67 |
Comments: 6
Suspend date: Sun 31st May 11:59pm PST
Settlement date: Tue 2nd Jun 3:06pm PST
Prediction cut-off: Predictions on this question after Sun 31st May 11:59pm PST have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 50%
Action history:
Suspend date: Sun 31st May 11:59pm PST
Settlement date: Tue 2nd Jun 3:06pm PST
Prediction cut-off: Predictions on this question after Sun 31st May 11:59pm PST have been voided because they were made after the question could be settled details
Predictions (67)
Comments (6)
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Cars are not considered green.
Money is already as green as it can get. he he
Auto manufacturing - Obama is pinning the hopes of the industry on 2 things.
Environmentally friendly cars and union labor.
Watch as the price of those autos SOARS.
@chatarra: environmentally-friendly and fuel-efficient are two obviously natural companions. If new rules can be put in place to make future automobiles be both, I'm all for it. And, for what it's worth, it's no longer logical or truthful to talk of Dems walking in lockstep with the unions; if that were the case, the Obama admin wouldn't have told GM and Chrysler they had to renegotiate or abrogate UAW contracts in order to get bailout bucks...
Can you show me where any union contracts were actually cut, renegotiated or abrogated?
I just finished a 60 hour week and just do not have the interest to research this tonight.
Obama said the government was going to stay out of the car business too, but I do not really believe him.
The government is backing the warranty program for GM AKA "Government Motors", which does not sound like the government is staying out of the business, to me. Nor does the replacement of the CEO.
April 24, 2009 | NY Post
Citigroup CEO Vikram Pandit's job security is increasingly in jeopardy as momentum grows in Washington to oust him. With the bank stress tests wrapping up, sources tell The Post that regulators think they might have to make the bold move of removing Pandit to signal Washington is taking as hard a line with the banks as it did with General Motors when it effectively ousted GM CEO Rick Wagoner. The talk of Pandit being dismissed comes amid speculation that a visit to Citi's offices by Treasury Secretary Timothy Geithner a week and a half ago might have been to discuss a change at the bank's helm. However, people familiar with the meeting said the visit was simply to conduct a checkup on the bank.
http://www.nypost.com/seven/04242009/business/ceo_stressed_out_165884.htm
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