Lewis Alexander, who has been at Citigroup since 1999 and before that worked at the Federal Reserve, will head to the Treasury “to work on domestic financial issues,” said the Citigroup memo, which was sent Tuesday.

Yes, let’s put another guy who was in charge of the Great Millenial Fuckup in charge of fixing it. I’m sure if they try to jump start the car just one more time, this time it’ll work. This is how keen the man’s foresight is:

“I think that’s not going to spill over more broadly into the economy, and so I think we’re going to have a normal kind of housing cycle that’s going to last through the middle of this year,” Mr. Alexander said in a 2007 interview on PBS.

This needs to stop being “how can we help you” and needs to start being “we paid for everything now you’re our bitches. jump.” The first will get you an unruly add-addled child, the second will get you a well-behaved banking system.

Tags: we're fucked

This entry was posted on Wednesday, March 18th, 2009 at 23:05.