President Obama’s choice to be the government’s chief budget officer received a bonus of more than $900,000 from Citigroup Inc. last year — after the Wall Street firm for which he worked received a massive taxpayer bailout.
The money was paid to Jacob Lew in January 2009, about two weeks before he joined the State Department as deputy secretary of state, according to a newly filed ethics form. The payout came on top of the already hefty $1.1 million Citigroup compensation package for 2008 that he reported last year.
Administration officials and members of Congress last year expressed outrage that executives at other bailed-out firms, such as American International Group Inc., awarded bonuses to top executives. State Department officials at the time steadfastly refused to say if Mr. Lew received a post-bailout bonus from Citigroup in response to inquiries from The Washington Times.
But Mr. Lew’s latest financial disclosure report, provided by the State Department on Wednesday, makes clear that he did receive a significant windfall.
Read More: By Jim McElhatton, The Washington Times
Please share this post with your friends and comment below. If you haven’t already, take a moment to sign up for our free newsletter above and friend us on Twitter and Facebook to get real time updates.
Follow @WestJournalism
Loading ...
This administration, seems to be in tune with Bell, the California town, where the leaders were collecting huge salaries and pensions from the taxpayers. Does this have a familiar ring ? Big business, is bailed out with USA taxpayers money, Big business,who is described as "TOO BIG TO FAIL" by Washington uses the bailout money to reward their executives, with million dollars bonus's. No problem– its only money from the hard working US citizens. We all must remember, to vote these wheeler dealers out, in the coming elections. We are being squeezed, and the Constitution is being shredded , and all the while, our politicians sit and fiddle like little Nero's ! It is time for a change and a demand for term limits. We have had our fill of the Reid's, Pelosi's ,Rangel's, Kerry's, Hoyer's and a number of other clueless career politicians, who will not listen to the voting public and pander to ethnic groups for the votes.
Joant,
Excellent Statement !
This administration and the criminal thugs around this muslim communist in the oval office are not the only ones that are corrupt in DC but also more than half of both houses of congress are corrupt.
Carol,
What bothers me is how Obama can condem others on Wall Street who took bonuses & here is Mr. Lew his nominee for The Governments Chief Budget Officer position who accepted a $900,000.00
bonus from CitiGroup last year.
This is just how our head Marxist(anti-messiah by definition) gets things done! Forget that America actually is the real "Israel," the "name" given to Joseph seed(Gen. 48:16), not to Judah, who only received grace, or promise of Messiah! Highest priority, is that the only spiritually inspired language is Hebrew(Zeph. 3:9), not Greek, Latin or even English! Our Hebrew father's Name is YHWH(Yahweh), even now acknowledged by the RCC, who now say that Petrus Galatinus in 1522 had a mistranslation of YHWH, and it should have been Yahweh, not Jehovah! However, they didn't even go in to "Jesus," a name that the same Pope asked Petrus to give him to honor the highest Greek Deity in 1522, the way that "Rome" had always done things! If you really want Biblical truth that can only be revealed through the scientific process of "deduction, " and it's absolutely vital that you go to e-mail site: info@icyahweh.org; for truth! Watch!
Victor,
Please explain who this correlates with this subject?
LOL l ! Correction: how
This world is spiritually controlled by Lucifer, unless you are called out! Israel(America) was called out of Lucifer's world and yet chose to follow Lucifer anyway through his vanity! There is good and evil and we have chosen to follow evil! Kickbacks are part of evil and perfectly consistent with our elected anti-messiah Obama, who promised to be just that and we elected him to be so! So why shouldn't we accept kickbacks.
BECAUSE VICTOR IT IS WRONG !
The Jews also said that their Savior was wrong and killed him, didn't they? Watch!
VICTOR,
NO !
THA CRUCIFIXTION WAS DONE BY THE ROMANS.
Yes, but only to satisfy the Jews! That's just the way that Rome ran their Empire. Remember, the "Jesus" thing with philosopher Petrus Galatinus;, it is the same exact thing! By the way, did you also know that both Pilot and Herod died the same year?
VICTOR,
THE PHYSICAL ACT WAS PERFRMED BY THE ROMANS & AS WELL THEY CONDEMED HIM TO DEATH.
TRUE THE JEWS ENCOURAGED HIS CRUCIFIXION BUT ROME COULD HAVE DENIED THEIR REQUEST BUT CHOSE NOT TO.
Wrong! Pilate wiped his hands clean of this persecution, but the Jews would not let it go, even letting a prisoner free rather than he! I know this stuff well HOT COUGAR, believe me! Unless one is called-out of Babylon and given the set-apart spirit of Yahshua, no one even is able to understand the scripture without first repenting and being baptized into the name of Yahshua! By the way, as demonstrated at Yahshua's trial there were plenty of very "learned" Jewish men present, but they couldn't understand what was written in the Hebrew Scriptures, either! PS: Rome did not dictate in such civil matters, it wasn't their way of getting things done! If it were their way, then Scripture couldn't even have been completed as written in it! I also can remember a Roman Catholic Pope, who could quote every passage of Scripture by heart in 9 different languages, but obviously couldn't understand any of it, or was just knowingly evil and under Lucifer's power. Fortunately, all will eventually get equal chance of being saved, but it comes in stages at this time. Watch!
VICTOR,
REWRITTING HISTORY IS NOT THE WAY TO GO HERE!
IT ACHIEVES NOTHING !
THE JEWS CHOSE ANOTHER PRISIONER TO BE FREED OTHER THAN JESUS.
THE ROMANS STILL HAD THE POWER TO SET JESUS FREE OTHER THAN CRUCIFYING HIM.
THEY CHOSE NOT TO DO SO.
Hi you 2, I'm passing through again. I just can't control myself. #1 VB – Lucifer DOES NOT control the spiritual life. #2 Israel is Israel under Judah, NOT America. #3 Please Do NOT say 'WE'. #4 Since when do two wrongs make a right? I'll answer that, not in my book, and you do know my book, right? VB + Hot Girl: The Rabbi's and Politicians of Judea wanted Yeshua gone, they felt deeply, threatened by Him. The populace, the people just played like puppets, sort of like today. It is true about Rome, they did not want to interfere with the religions. I must add VB, I just learned something new. Pilot and Herod died that year, what do you get from that? The Jewish men at Christ's trial knew very well what was in the scriptures, as they do today. They are stubborn uppitty mules. As many Christians love Yeshuah, but do not observe the Sabbath, and other Jewish Holidays.
PS. I know who the witnesses' may be. It's so obvious to me now.
PSS. Victor, I want to love u in YHWH>Yeshuah. U know that? Now, as America isn't Israel. The World that was created by YHWH is not Babylon.
HC blessings>
Money buys loyalty. The purchased deed is what is worrisome. All in all they are just crooks doing what they do. That they are using their wealth to relieve you of your money by force is what is due a severe response.
A-Pen,
What do you suggest that we do ?
It seems that mostly the men on this site do the most complaining but have few answers on how to resolve the problems.
Just being honest as far as i can see it.
Frustrated !
Unfortunately Duke Cunningham's defense attorney was absolutely correct when he told the judge (paraphrasing) "Your honor, this is how Washington operates." Duke just got careless and got caught. Hang in there, Matt