As you know, Tennessee Sen. Bob Corker was vocal last week in his concern that auto manufacturing decisions might turn political based on blue/red state divides.
And yesterday he told the National Review Institute he suspects one or two big bank CEO's won't last the 60 day stress test.
Larry Kudlow says the politicization of bank paybacks is equally onerous, and that they must be freed from TARP as soon as possible..... at yesterday’s National Review Institute luncheon here in New York, Sen. Bob Corker told us that he suspected — merely a suspicion — that one or two big-bank CEOs would be removed by the Treasury within 60 days of the conclusion of the stress tests.
This is what Treasury secretary Geithner hinted at on the recent Sunday talk shows. And that raises the question of whether a bank CEO-removal would be playing politics: Would it be to even things out after the removal of Rick Wagoner of GM — to placate the unions and their allies like Sen. Carl Levin of Michigan who are charging that the auto industry is getting much tougher treatment than the bank industry?