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Tim Geithner

Summers Begins White House Efforts To Take Credit On Economy

Washington Post | Michael D. Shear | Posted 05.25.2011 | Business

A top economic adviser to President Obama began a concerted White House effort on Friday to claim credit for the improving economy, declaring that the...

Could We Expect Anything From the Pittsburgh Summit of the G-20?

Georges Ugeux | Posted 05.25.2011 | World
Georges Ugeux

Never was the G-20 intended to be anything else than a technical forum meeting twice a year. It has no power, no administration, let alone any authority.

Obama's Reforms Won't Stop "Too Big To Fail" Institutions | Alison Fitzgerald and Christine Harper | Posted 05.25.2011 | Business

One year after the demise of Lehman Brothers Holdings Inc. paralyzed the financial system, “mega-banks,” as Fine’s group calls them, are as inte...

Geithner: Unemployment Will "Absolutely" Be Lower This Time Next Year

Washington Post | Posted 05.25.2011 | Business

Treasury Secretary Tim Geithner, appearing in a town hall program that concluded moments ago on CNBC, said that "absolutely, absolutely," unemployment...

Lehman Brothers' Warnings Were Ignored, Confidential Memo Shows | Bob Ivry, Christine Harper and Mark Pittman | Posted 05.25.2011 | Business

Sept. 8 (Bloomberg) -- The warning was ominous: "Massive global wealth destruction." That's what Lehman Brothers Holdings Inc. executives predicted...

Obama Swiftboats Van Jones

Linda Milazzo | Posted 05.25.2011 | Politics
Linda Milazzo

Van Jones' resignation isn't a testament to the frenetic dry-drunk tirades of a delusional Fox employee. It is due to the Obama administration's failure to rightfully and necessarily defend a valuable member of its team.

Sheila Bair Goes on the Attack, Again

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

Wouldn't you have wanted to be at Treasury on Tuesday when Geithner read FDIC head Sheila Bair's Times op-ed, in which she continues to wage war against the Treasury's plan for a super-regulator?

SNL: Tim Geithner Stress Tests Skit (VIDEO)

Posted 05.25.2011 | Comedy

Saturday Night Live lampooned Treasury Secretary Tim Geithner and the nation's big banks last night with a skit about the government capitulating on t...

Geithner Defends Dealings With Goldman Sachs, Says Govt Officials Acted Appropriately

Wall Street Journal | By DEBORAH SOLOMON | Posted 05.25.2011 | Business

WASHINGTON -- Treasury Secretary Timothy Geithner said Friday that government officials acted appropriately in their dealings with Goldman Sachs Group...

What Now?

Jane Smiley | Posted 05.25.2011 | Politics
Jane Smiley

If we step up to the plate and support Obama now with both our money and our feet, what will we get in return? If the last six months are any indication, the answer is, "Nothing."

Geithner: We "Won't Let" Wall Street Return To Old Habits

Wall Street Journal | By DEBORAH SOLOMON | Posted 05.25.2011 | Business

WASHINGTON -- U.S. Treasury Secretary Timothy Geithner said the Obama administration wouldn't allow Wall Street to return to such old habits as taking...

Geithner Asks Congress To Increase Federal Debt Limit

Reuters | Posted 05.25.2011 | Business

U.S. Treasury Secretary Timothy Geithner formally requested that Congress raise the $12.1 trillion statutory debt limit on Friday, saying that it coul...

David Wessel on the Failure of Lehman Brothers

Robert Teitelman | Posted 05.25.2011 | Business
Robert Teitelman

This was a Katrina-like failing. A disaster was clearly building and defenses were weak. What were the Fed and Treasury doing in those key months between Bear and Lehman?

Geithner Left With Few Friends Among Regulators | STEPHEN LABATON | Posted 05.25.2011 | Business

WASHINGTON -- In what has become a routine spectacle, financial regulators went to Congress this week and raised objections to major portions of Presi...

Does Government Really Know Best?

Liz Peek | Posted 05.25.2011 | New York
Liz Peek

Like a Cessna pilot deliberately flying into a tornado, President Obama is risking political life and limb to push through healthcare legislation that Americans do not like and do not want.

Geithner Goes On Profanity-Laced Tirade On Regulators

Reuters | Patrick Rucker and Kevin Drawbaugh | Posted 05.25.2011 | Business

WASHINGTON (Reuters) - Top U.S. bank regulators will speak out on Tuesday against some key elements of the Obama administration's plan to reshape fina...

Taking the Long View

Dylan Loewe | Posted 05.25.2011 | Politics
Dylan Loewe

When anyone anywhere speculates for any period of time about some far-off possible doom for Democrats, we collectively panic. But, fellow anxiety-driven friends, now is not the time to panic.

The Daily Show: Tim Geithner Can't Sell His Home

Posted 05.25.2011 | Business

The Daily Show recently ran a hilarious segment on Tim Geithner's protracted attempts to sell his Larchmont home. Last we heard, Geithner's home was l...

Is Obama Getting Overexposed?

William Bradley | Posted 05.25.2011 | Media
William Bradley

There's no question that, in this fragmented media culture marked by an acute attention deficit disorder, Obama is the prime driver of news. But that doesn't mean he has to do it himself.

Why Tim Geithner Still Can't Sell His Home

ABC News | Scott Mayerowitz | Posted 05.25.2011 | Business

The country is finally starting to see some positive signs in the housing market. But don't tell that to Treasury Secretary Tim Geithner or the countl...

Big Banks to American Public: "Screw You"

Marshall Auerback | Posted 05.25.2011 | Business
Marshall Auerback

Roosevelt Braintruster Marshall Auerback wonders why bailed-out banks are getting giddy with dangerous speculation and sky-high bonuses when the rest of us are still dealing with financial chaos.

Ryan Grim

House Dems To Geithner: Stop Backroom Deals With Wall Street | Ryan Grim | Posted 05.25.2011 | Politics

Now that bailed-out banks are reporting record-breaking profits, the U.S. taxpayer, who bought into these institutions at bottom-barrel prices, could ...

Hank Paulson Rewrites History Before Congress

David Fiderer | Posted 05.25.2011 | Business
David Fiderer

The fallout of Paulson's two disastrous decisions (to let Lehman fail and reverse his position on foreclosure relief) prompted the former Treasury Secretary to abuse his powers, with some not-so-veiled threats.

Bair, Bernanke Push For Fees On Risky Assets | Craig Torres and Alison Vekshin | Posted 05.25.2011 | Business

July 15 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair, with support from Federal Reserve officials, is pushing for tougher measu...

Ryan Grim

House Dems Take On Geithner Over Bailout Funds | Ryan Grim | Posted 05.25.2011 | Business

Congress is getting tired of asking nicely. Twenty House and Senate Democrats sent a letter to Treasury Secretary Timothy Geithner in May asking if he...