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"I just wrote my first reference for a gun permit," said a friend, who told me of swearing to the good character of a Goldman Sachs Group Inc. banker who applied to the local police for a permit to buy a pistol. Full Article at Huffington Post
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What I am seeing and hearing on the news -- the reappointment of Bernanke -- is too hard for me to bear. I cannot believe that we, in the 21st century, can accept living in such a society. Full Article at Huffington Post
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WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner hosts a small business forum in the Cash Room at the Treasury Department November 18, 2009 in Washington, DC. View Photo »
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Congressman, again it's just a basic fact, a year ago, a year ago, this economy was falling at the rate of 6 percent a year. We were losing between half a million and three quarters of a million jobs a month and that process was accelerating, not slowing, until the president of the United States came an...
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Can someone please get me a Xanax? Full Article at Suburban Guerrilla
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Less than a week after deflecting calls for his resignation, Timothy Geithner sold bonds on behalf of US taxpayers at the lowest yields on record in a show of confidence in the Treasury Secretary’s policies. Full Article at Business Standard
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THE TRAVAILS OF A TINY desert kingdom that offers world-class bling like indoor skiing will not prove to be the greatly feared "exogenous" event that topples the global financial system just as it is stabilizing from the throes of the Credit... Full Article at Barron's Online
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WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner, Gentle Parking's William Ortiz-Cartagena and SHEEX Co-Founder Susan Walvisu listen to Andy Cabral (C) of Dunkin Donuts speak during a small... View Photo »
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Political frustration over the rescue of Wall Street and high unemployment erupted in the House Thursday, with one committee threatening to impose tighter scrutiny on the Federal Reserve and another trading verbal insults with Treasury Secretary Timothy Geithner
SOURCE: iStockAnalyst -
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Bailout tracker The government is engaged in a far-reaching - and expensive - effort to rescue the economy. Here's how you can keep tabs on the bailouts. Full Article at CNN/Money
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I once wrote an article about former President George W. Bush saying that he was a perfect Manchurian candidate. Full Article at The Public Record
About Timothy F. Geithner
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WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner hosts a small business forum in the Cash Room at the Treasury Department November 18, 2009 in Washington, DC.
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WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner, Gentle Parking's William Ortiz-Cartagena and SHEEX Co-Founder Susan Walvisu listen to Andy Cabral (C) of Dunkin Donuts speak during a small businss financing forum at the Tre...
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WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner and SHEEX Co-Founder Susan Walvisu (R) listen to Andy Cabral of Dunkin Donuts speak during a small businss financing forum at the Treasury Department November 18, 2009 in Wash...
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WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner checks his watch in between panels during a small business financing forum at the Treasury Department November 18, 2009 in Washington, DC.
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WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner (R) talks with Small Business Administrator Karen Mills during a small business forum at the Treasury Department November 18, 2009 in Washington, DC.
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WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner hosts a small business forum at the Treasury Department November 18, 2009 in Washington, DC.
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US Treasury Secretary Tim Geithner (R) meets with his Singaporean counterpart Tharman Shanmugaratnam as they meet on the sideline of the Asia-Pacific Economic Cooperation (APEC) meetings being held in Singapore on November 12, 2009.
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US Treasury Secretary Tim Geithner (R) shakes hands with his Singaporean counterpart Tharman Shanmugaratnam as they meet on the sideline of the Asia-Pacific Economic Cooperation (APEC) meetings being held in Singapore on November 12, 2009.
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US Treasury Secretary Tim Geithner (R) introduces his delegation members to his Singaporean counterpart Tharman Shanmugaratnam as they meet on the sideline of the Asia-Pacific Economic Cooperation (APEC) meetings being held in Singapore on November 12, 2009.
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US Treasury Secretary Tim Geithner (R) shakes hands with his Singaporean counterpart Tharman Shanmugaratnam as they meet on the sideline of the Asia-Pacific Economic Cooperation (APEC) meetings being held in Singapore on November 12, 2009.
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US Treasury Secretary Tim Geithner (R) talks with his Singaporean counterpart Tharman Shanmugaratnam as they meet on the sideline of the Asia-Pacific Economic Cooperation (APEC) meetings being held in Singapore on November 12, 2009.
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ST ANDREWS, SCOTLAND - NOVEMBER 07: G20 finance ministers and bank govenors gather for the family photograph on November 7, 2009 in St Andrews, Scotland.
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ST ANDREWS, SCOTLAND - NOVEMBER 07: G20 finance ministers and bank govenors gather for the family photograph on November 7, 2009 in St Andrews, Scotland.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner (L) chats with Bill Leavy during a tour of the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner (C) and Chicago Mayor Richard Daley tour the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner chats with Lorine Baker (R) during a tour of the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner speaks following a tours the Greater West Town Community Development Project October 29, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner (R) stands next to Chicago Mayor Richard Daley as they wait to speak following a tour the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner speaks following a tour the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner (C) tours the Greater West Town Community Development Project October 29, 2009 in Chicago, Illinois.
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner (C) chats with Chicago Alderman Walter Burnett (L), U.S. Congressman Danny Davis (2nd from right) and U. S. Senator Roland Burris (R) during a tour of the Greater West Town Community Development Project October 30, 2009 in Chicago,...
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CHICAGO - OCTOBER 30: Treasury Secretary Tim Geithner speaks following a tour the Greater West Town Community Development Project October 30, 2009 in Chicago, Illinois.
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WASHINGTON - OCTOBER 29: U.S. Secretary of the Treasury Timothy F. Geithner arrives for a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
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WASHINGTON - OCTOBER 29: U.S. Secretary of the Treasury Timothy F. Geithner speaks during a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
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WASHINGTON - OCTOBER 29: U.S. Secretary of the Treasury Timothy F. Geithner (R) speaks with a congressman before a hearing of the House Financial Services Committee on Capitol Hill October 29, 2009 in Washington, DC.
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WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner, Gentle Parking's William Ortiz-Cartagena and SHEEX Co-Founder Susan Walvisu listen to Andy Cabral (C) of Dunkin Donuts speak during a small businss financing forum at the Tre...
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Congressman, again it's just a basic fact, a year ago, a year ago, this economy was falling at the rate of 6 percent a year. We were losing between half a million and three quarters of a million jobs a month and that process was accelerating, not slowing, until the president of the United States came an...
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Political frustration over the rescue of Wall Street and high unemployment erupted in the House Thursday, with one committee threatening to impose tighter scrutiny on the Federal Reserve and another trading verbal insults with Treasury Secretary Timothy Geithner
SOURCE: iStockAnalyst -
China...has committed to move. They understand they need to do it. I think they want to do it. And I am actually quite confident that they will do it
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You know, the times get tough, so what happens? Somebody has to point a finger ... Tim Geithner isn't responsible for the entirety of what's out there today, and it's nonsense to think that he is. It really makes me very angry, because we've got to find somebody to blame.
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The U.S. and the G-20: Remaking the International Economic Architecture â on Capitol Hill in Washington November 17, 2009. (REUTERS / Kevin Lamarque) Unfortunately, the regulatory regime that failed so terribly leading up to the financial crisis is precisely the regulatory regime we have today
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Rep. Peter DeFazio, one of the most outspoken Democratic critics of the White House economic team, said he plans to press the 27-member Congressional Populist Caucus to back his call for their ouster ... The Oregon Democrat created a stir on Capitol Hill after an appearance on MSNBC Wednesday during whi...
SOURCE: MSNBC -
If you look at any measure of confidence in the financial system, it is substantially higher today than when the president of the United States took office
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Tim Geithner was the Treasury line officer who wrote the IMF [International Monetary Fund] program for Indonesia in 1997-98, which was to apply current account solutions to a capital account crisis.
SOURCE: Hot Air -
We have to be able to set the international agenda on reforms. ... We’ll have no credibility if we can’t deliver in the United States.
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Treasury Secretary Timothy Geithner told Congress on Tuesday that efforts to strengthen the global financial system to prevent another deep crisis will falter if the United States drops the ball on overhauling regulation of its own banking system. We need to move on the reform agenda when the memory of ...
SOURCE: The Market Oracle -
China has to move to take steps away from excessive reliance on exports and toward domestic consumption-led growth
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is a deeply troubling account of Secretary Geithner’s failed management of the AIG bailout ... The cozy relationships between the bailed-out financial companies and powerful politicians like Tim Geithner and Chris Dodd are exactly why Americans have lost trust in Washington, D.C., and why we need new le...
– Rob Simmons SOURCE: The Hill -
After the experiences of the Great Depression and World War II, the United States led in the creation of the international financial system that anchored prosperity and stability for more than 60 years
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the plan - coordinated by the then-head of the Federal Reserve Bank of New York (FRBNY) Timothy F. Geithner, who now serves as Treasury Secretary - allowed too much leverage to AIG counterparties, while significantly handcuffing the Federal Reserve's negotiating power, according to an audit released Tue...
SOURCE: Dallas Blog -
We want to see more open markets in China, a more level playing field for U.S. companies that compete in China and compete with China around the world. And it's very important we see financial reforms, broader reforms to their exchange rate system over time that will help reinforce this process towards ...
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US treasury secretary Timothy Geithner clearly said that he wants a strong dollar, and from China there are signals that indicate a loosening of the yuan from the dollar
SOURCE: EUobserver.com -
Moving from a global economy based on U.S. demand to one based on global demand is critical to our domestic efforts to reduce unemployment and increase the wages of middle-class Americans
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As Treasury Secretary Timothy Geithner recently put it, 'No financial system can operate efficiently if financial institutions and investors assume that government will protect them from the consequences of failure,'
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Through the Financial Fraud Task Force, we are making clear that the Obama administration is going to act aggressively and proactively in a coordinated effort to combat financial fraud
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The timing was awkward. The government shut down $4.7 billion-asset Park National on the same day that its community development arm, Park National Bank Initiatives, received $50 million from Treasury Secretary Timothy Geithner at a ceremony in Chicago. That money is intended to stimulate investment in ...
SOURCE: The Big Picture -
We are seeing growth resume in the United States [as well] … Given the very important role of the U.S. in the global economy [and] the important role the dollar plays in the system, … we are going to continue to be a voice for reform and would be a strong partner for countries in this region.
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A lot of people have looked at AIG as a Paulson bailout ... In fact, it was a Tim Geithner bailout. Hank was in Washington and had very little to do with it. It was Tim’s deal. The terms of the deal are Tim’s. He was the man at the table. He went to Ben to get approval. But this was a Tim Geithner produ...
– Andrew Ross Sorkin SOURCE: The Daily Beast -
It’s very important to the United States, to the economic health of the United States, that we maintain a strong dollar
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A lot of people have looked at AIG as a Paulson bailout ... In fact, it was a Tim Geithner bailout. Hank was in Washington and had very little to do with it. It was Tim’s deal. The terms of the deal are Tim’s. He was the man at the table. He went to Ben to get approval. But this was a Tim Geithner produ...
– Andrew Ross Sorkin SOURCE: The Daily Beast -
The challenge is growth. First growth, but make sure we have business confidence restored, investments expanding again, unemployment coming down, financial sector definitively repaired — that's our basic challenge
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