News broke this morning that Senator Max Baucus had recommended his girlfriend for a US attorney job. Earlier this year, Baucus nominated Melodee Hanes, his state director and girlfriend, for the post, along with two others. He later withdrew her name. During her time in Baucus’s office, Hanes collected plenty of taxpayer money at the …
Tag: dubai
Citigroup’s dance with Dubai
While the American economy sank, Citigroup put US taxpayer money to work helping to sustain the Dubai bubble. In December 2008, just weeks after Citigroup needed a second government bailout on top of the $25 billion it received through TARP, the bank made an $8 billion loan to Dubai. It is believed to have $1.9 billion …