MELTING POT Showered with money

Dec 05, 2008 | 11:54 AM |

Washington will bail out those who shower before work but not those who shower afterward, United Steelworkers union president Leo Gerard has complained.

He noted that Congress chided the top executives of the Detroit-area Big Three automakers for a high lifestyle and poor management but provided $45 billion in funding to Citigroup Inc. without putting its leaders' feet to the fire. "Even though Citigroup was failing just weeks after getting its first government bailout, Congress didn't subject its chief executive officer to the public lecturing and demands for business plans that it did the Big Three," Gerard said. Washington, being a white-collar town, understands their counterparts on Wall Street. "Detroit,....





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This whole thing is becoming a game of smoke.

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