By Eric BollingCo-Host, "Happy Hour," FOX Business Network/Host, "The Strategy Room," FOXNews.com
Look how we are constantly being told we "need" Geithner" to unwind the economic mess. We "need" the AIG traders to help unwind the credit derivatives and swaps that are strangling the world's biggest insurer. They invented this garbage that is causing this economic meltdown. Why do they deserve a penny, let alone another millisecond on the job? These are the same geniuses who put the banks, AIG, and ultimately, the economy in the current economic tsunami. I say get rid of them all. Anyone who was involved prior to the meltdown should go away. In almost ALL cases, if a trader loses money at a bank or fund and gets his trading book pulled, he is escorted from the building immediately! No hard feelings -- just no more access to company money. Now that AIG is 80 percent owned by us, the U.S. taxpayer, we should do the same. Tim Geithner
was at the epicenter of the Bear Stearns and Lehman failures. He should be set free to go back to the World Bank or where ever he last dodged his tax obligations. And those AIG traders who received the $165 million in retention bonuses ... good riddance ... pay back the money and close the door on the way out!
Eric Bolling currently serves as co-host of Fox News Channel's "The Five" (weekdays 5-6PM/ET). He also serves as the host of "Cashin' In" (Saturdays 11:30AM-12PM/ET), an analysis program on FNC's weekend business block, "The Cost of Freedom." Bolling joined the network in 2008.