Citibank predator will be the next Treasury Secretary

Barack Obama, the Nobel Laureate, has now officially presented Jack Lew to be his next Treasury Secretary. Lew, currently Obama’s Chief of Staff, would replace Timothy Geithner, a tool of big finance capital. Can we expect Lew to act in the general interest? No, he too promises to be a tool of big finance capital:

President Barack Obama’s choice [of Lew] to lead the White House budget office oversaw a Citigroup unit that profited off the housing collapse and financial crisis by investing in a hedge fund king who correctly predicted the eventual subprime meltdown and now finds himself involved in the center of the U.S. government’s fraud case against Goldman Sachs.

Lew also broke a Graduate Student’s union while working for New York University and before betting against American citizens while at Citigroup.

4 Responses to Citibank predator will be the next Treasury Secretary

  1. hidflect says:

    If you had to hunt the nation high and low to find a worse person than Turbo-tax Timmy, you’d eventually turn over a rock and find Lew peeping up at you.


    • A nice guy, fur sure. His working hard and successfully to break a Graduate Student’s union only adds to his luster. Student TAs, along with adjuncts, are superexploited members of the professional fraction of the middle class. Their imposed poverty enables a university like NYU to gobble up more real estate in the expensive downtown market and to pay its top administrators tony salaries.


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