White House threatens to sick press corps on bank?
A leading bankruptcy attorney (and Democratic donor) Thomas Lauria claimed that the White House threatened the investment bank Perella Weinberg Partners that it would sick the press corps on them if they opposed Obama’s plans.
Audio here from NewsTalk 760 on the Frank Beckmann show.
Mark Whittington at Associated Content writes:
Steve Rattner, the leader of the Obama administration’s Auto Industry Task Force, threatened one of the firms, an investment bank, that if it continued to oppose the administration’s Chrysler bankruptcy plan, the White House would use the White House press corps to destroy its reputation.
The plan would require creditors to accept 29 cents on the dollar for the $6.8 billion owed by Chrysler.
The scary thing here is that if what Lauria is saying is true, the media are now a quasi-official arm of the state. It goes (or rather went) without saying that the press corps are not working for the White House.
Both Perella Weinberg Partners and the White House deny Lauria’s charges.
Maybe Obama missed the fact that the Marine Corps are at his disposal, NOT the press corps.
In: Politics · Tagged with: media corruption, Obama administration
on June 29, 2009 at 09:11
Permalink
[...] with today reversal, it will be interesting is to watch the White House and their press corps spin the story. The press will surely use the race card, but the 100-year-plus struggle for civil [...]
on August 16, 2009 at 21:42
Permalink
[...] quite what I would call a jock, but I am not an active duty member of the White House Press Corps, [...]
on October 8, 2009 at 08:32
Permalink
[...] quite what I would call a jock, but I am not an active duty member of the White House Press Corps, [...]
on March 4, 2010 at 09:11
Permalink
[...] quite what I would call a jock, but I am not an active duty member of the White House Press Corps, [...]
on March 10, 2010 at 09:54
Permalink
[...] with today reversal, it will be interesting is to watch the White House and their press corps spin the story. The press will surely use the race card, but the 100-year-plus struggle for civil [...]