Tim Geithner

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WSJ: AIG CEO Robert Benmosche Ready To Quit Over Pay Constraints

Huffington Post/AP | Posted 11.11.2009 | Business

Read More: Geithner, Regulation, Credit Default Swaps, Obama, White House, Bailout, Insurance, Treasury, Benmosche, Wall Street, Robert Benmosche, New York, AIG Bailout, House, Kenneth Feinberg, Financial Reform, Aig, Metlife, Capitalism, Tim Geithner, Financial Regulation, Executive Compensation, Liddy, Barack Obama, Banks, Socialism, Bonuses, Ken Feinberg, Executive Pay, Edward Liddy, Senate, Business News

NEW YORK — After just three months as head of battered insurer American International Group, Robert Benmosche has threatened to leave his post a...

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Bank Lending Down Despite Massive Bailouts And Increasing Regulations

bloomberg.com | Rich Miller | Posted 11.09.2009 | Business

Read More: Goldman Sachs, JP Morgan, Subprime Mortgages, Tim Geithner, Bank of America, Financial Crisis, Credit Crisis, Treasury Secretary, Fiscal Policy, Business News

While financial institutions including Citigroup Inc. and Bank of America Corp. have received more than $200 billion in capital from the government, t...

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Bank Tax: Geithner And U.K.'s Gordon Brown Face Off On Bank Transaction Tax At G20 Meeting

Times Online | By Suzy Jagger | Posted 11.09.2009 | Business

Read More: Gordon Brown, Bank Tax, U.K., Tim Geithner, Stimulus, g20, Bank Transaction Tax, Saint Andrews Scotland, Business News

ST. ANDREWS, Scotland -- U.K. Prime Minister Gordon Brown and U.S. Treasury Secretary Timothy Geithner clashed over potential taxes on bank transactio...

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Wall Street's Record Bonuses Return: Analysts Predict $30 Billion In Bonuses At Big 3

Bloomberg | Michael J. Moore and Ian Katz | Posted 11.09.2009 | Business

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co.'s investment bank, survivors of the worst financial crisis since the Great Depressio...

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The Audacity to Change

Robert Kuttner | Posted 11.09.2009 | Politics

Read More: Larry Summers, Obama Afghanistan, Ben Bernanke, Obama Economic Stimulus Plan, Obama Economy, Tim Geithner, Barack Obama, Politics News

Obama, like Kennedy, needs to overcome the dubious counsel of his own advisers, this time both economic and military. The president needs to listen to other voices, including his own.

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Banks' 2008 Stock Options Turning Out To Be Most Lucrative Payouts Ever

The New York Times | LOUISE STORY | Posted 11.08.2009 | Business

Banks cut bonuses last year and shifted more pay into stock and options from cash, a tactic that lawmakers supported for its emphasis on long-term per...

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Frank Rich: White House Doesn't Seem To Understand Public's Wall Street Rage

New York Times | FRANK RICH | Posted 11.07.2009 | Politics

Read More: Larry Summers, ny23, Regulation, Obama, Teaparty, New York 23, White House, Dede Scozzafava, Finance, Gop, Paul Volcker, Wall Street, Bill Owens, New York City, Michael Bloomberg, Financial Reform, Election Day 2009, H1N1 Vaccine, Ny-23, Doug Hoffman, Democrats, 2009 Elections, Bill Thompson, Main Street, Elections, Anger, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Republicans, Politics News

The Obama administration does not seem to understand that this rage, left unaddressed, could consume it. It has pushed aside the entreaties of many --...

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Goldman Sachs CEO Lloyd Blankfein: "I'm Doing God's Work."

Times Online | John Arlidge | Posted 11.07.2009 | Business

Read More: Timothy Geithner, Goldman Sachs, Economy, Derivatives, Bailouts, Black Pools, Regulation, Credit Default Swaps, George Bush, Lloyd Blankfein, Policy, Goldman, London, Tim Geithner, Recession, Mortgage Crisis, Ben Bernanke, Henry Paulson, The City, Bailout, Barack Obama, Predatory Lending, Blankfein, Banks, Hank Paulson, Bonuses, Wall Street, Executive Pay, Business News

Goldman's reputation is suddenly as toxic as the credit default swaps and other inexplicably exotic financial instruments it used to buy with glee. Th...

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Dylan Ratigan Outlines The 4 Steps To Fix The Banks (VIDEO)

The Huffington Post | Posted 11.04.2009 | Politics

Read More: Msnbc, Tim Geithner, Morning Meeting, Too Big to Fail, Dylan Ratigan, House Financial Services Committee, Politics News

On Wednesday morning on MSNBC's Morning Meeting, Dylan Ratigan railed against the current debate in the House Financial Services Committee about syste...

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The Wrath of Suburbanites and Independents

Joseph A. Palermo | Posted 11.04.2009 | Politics

The election results show that no incumbent governor (or incumbent party) can escape the wrath of an electorate that continues to bleed while it watches tax dollars squandered on foreign wars and Wall Street fat cats.

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Obama: The Central Question of Our Time

Cenk Uygur | Posted 11.03.2009 | Politics

Read More: Trigger, Public Option, Tim Geithner, Financial Reform, One Year Later, Real Slim Shady, Health Care Reform, Larry Summers, Obama One Year Later, Barack Obama, Politics News

Obama's first year has not been full of good signs. He got a few things done while clearly leaning on the wrong side on the most important issues. But it's nowhere near too late.

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Maria Cantwell: I'm "Not Sure" Why Geithner Still Has Job (VIDEO)

The Huffington Post | Rachel Weiner | Posted 11.02.2009 | Politics

Read More: Timothy Geithner, Tim Geithner Financial Regulation, Cantwell Fire Geithner, Maria Cantwell, Derivatives Regulation, Financial Regulation Loopholes, Dylan Ratigan, Geithner Cantwell, Tim Geithner, Fire Tim Geithner, Politics News

A Democratic senator said on Monday that she's "not sure" why Treasury Secretary Timothy Geithner still has his job, calling his financial reform plan...

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For Wall Street and Goldman Sachs the Party Continues

Joseph A. Palermo | Posted 11.02.2009 | Business

Read More: U.S. Economy, Kevin Phillips, Executive Compensation, Goldman Sachs, William Black, Wall Street, Goldman Sachs Bonuses, Economic Crisis, Tim Geithner, Economy, Larry Summers, Time Magazine, Allan Sloan, Business News

A criminal gang of rich white guys in New York did some extremely reckless things with the nation's collective wealth, and the middle class got clobbered.

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Why Keep Geithner?

Dylan Ratigan | Posted 11.02.2009 | Business

Read More: Corruption, Greed, Wall Street Bailout, Dylan Ratigan, Bailout Bandits, Financial Corruption, Bailout, Tim Geithner, Timothy Geithner, Business News

The current custodian of America's wealth, Treasury Secretary Tim Geithner, is not doing a good job. The time for corrective action is now.

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CIT Bankruptcy Filed: US Will Likely Lose $2.3 Billion, Goldman Sachs Will Gain $1 Billion

AP / Huffington Post | By STEPHEN MANNING | Posted 11.01.2009 | Business

Read More: Short-Term Finance, Retailers, Geithner, Timothy Geithner, Goldman Sachs, Lending, Retail, CIT Bailout, Tim Geithner, Carl Ichan, Bailout, Finance, Lenders, Treasury, Cit, Banks, Wall Street, Ichan, Business News

WASHINGTON -- Lender CIT Group has filed for Chapter 11 bankruptcy protection, in an effort to restructure its debt while trying to keep loans flowing...

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Geithner On Meet The Press: Worried Banks May Be Too Timid (VIDEO)

Posted 11.02.2009 | Business

Read More: Tim Geithner Meet the Press Video, Tim Geithner Meet the Press, Video, Meet the Press, Economy, Tim Geithner, Financial Crisis, Job Growth, Tim Geithner Video, Fiscal Policy, Business News

***SCROLL DOWN FOR VIDEO*** WASHINGTON (Associated Press) — Treasury Secretary Timothy Geithner acknowledges the federal budget deficit is too hi...

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The Secrets To Goldman Sachs' Success: Contrary Bets, Predatory Lending, Government Connections, Offshore Tax Havens

McClatchy | Greg Gordon | Posted 11.01.2009 | Business

Read More: Foreclosures, Paulson, Regulation, Recession, Obama, Reform, Lloyd Blankfein, Mortgage Related Swaps, Mortgages, Goldman Sachs, Aig, Mississippi, Bailout, Predatory Lending, Securities Act of 1933, Blankfein, Hank Paulson, Foreclosure, Housing Crisis, Goldman Sachs Mortgage, Real Estate, Wall Street, Tax Havens, Housing Market, Blue Chips, Calpers, Derivatives, Moody's, Offshore, Tim Geithner, High Yield Bonds, Hedges, Barack Obama, Nyse, Cayman Islands, Banks, Sec, Subprime Mortgage, Economy, Business News

WASHINGTON -- In 2006 and 2007, Goldman Sachs Group peddled more than $40 billion in securities backed by at least 200,000 risky home mortgages, but n...

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Frank Says "Too Big To Fail" Bill Will Be Changed

HuffingtonPost.com | Shahien Nasiripour | Posted 10.30.2009 | Business

Read More: Wall Street Bailout, Tbtf, Bailout, Tim Geithner, Barney Frank, Too Big to Fail, John Dugan, Financial Crisis, Banks, Timothy Geithner, Sheila Bair, Business News

Democrats and Republicans ripped into Treasury Secretary Timothy Geithner during a Congressional hearing Thursday, as Geithner defended an administrat...

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Geithner Testimony: New "Too Big To Fail" Legislation Won't Lead To More Bailouts

AP | JIM KUHNHENN and ANNE FLAHERTY | Posted 11.02.2009 | Business

Read More: Aig, Chrysler, Gm, Lehman Brothers, Federal Reserve Board, Tim Geithner, Barney Frank, Freddi Mac, Fannie Mae, Daniel Tarullo, Bailout, Too Big Too Fail, Geithner Testimony, House Financial Services Committee, Financial Crisis, Fiscal Policy, Business News

WASHINGTON — An Obama administration plan to dissolve large, struggling financial firms rather than bail them out is encountering Republican res...

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AIG Swaps: New York Fed's Secret Choice To Pay For AIG Swaps Cost Taxpayers $13 Billion

bloomberg.com | Richard Teitelbaum and Hugh Son | Posted 10.27.2009 | Business

Read More: Elias Habayeb, Aig, Credit Default Swaps, American International Group, Tim Geithner, New York Federal Reserve Bank, Business News

Oct. 27 (Bloomberg) -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and h...

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How The US Blew The Trillion-Dollar Trade Of The Century

Bloomberg | Mark Fisher | Posted 10.26.2009 | Business

Read More: Geithner, John Thain, Hank Paulson, The Logical Trader, Bush, Bill Gross, Paulson, Bailouts, Economic Crisis, Bank of America, Aig, Obama, Bofa, Taxpayers, Barack Obama, Recession, Mark Fisher, Warren Buffet, Merrill Lynch, Wall Street, Bailout, Finance, Lehman Brothers, Fed, Tim Geithner, Bernanke, Treasury, Banks, Ben Bernanke, Business News

When the government was forced to bail out the financial system, our friends in Washington also had the opportunity to make the trade of the century f...

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"Too Big To Fail" Legislation Is On The Way

New York Times | STEPHEN LABATON | Posted 10.26.2009 | Politics

Read More: Goldman Saks, Congress, Economy, Bailouts, Obama, Too Big to Fail Bill, Legislation, Ben Bernanke, Aig, White House, Bailout, Federal Reserve, Lehman Brothers, Bofa, Treasury, Gop, Consumer Protection Agency, Financial Crisis, Paul Volcker, Wall Street, Citigroup, Bank of America, Derivatives, Ben Bernanke Federal Reserve, Democrats, Recession, Barney Frank, House, House Financial Services Committee, Senate, Barack Obama, Tim Geithner, Banks, Bonuses, Too Big to Fail, Executive Pay, Politics News

A senior administration official said on Sunday that after extensive consultations with Treasury Department officials, Representative Barney Frank, th...

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Summers: Banks Are "Unintended Beneficiaries" Of The Bailout

The Huffington Post | Ryan McCarthy | Posted 11.02.2009 | Business

Read More: Tarp, Wall Street, Bailout, Lending, Tim Geithner, Financial Crisis, Henry Paulson, Banks, Ben Bernanke, Obama, Credit Markets, Lawrence Summers, Fiscal Policy, Business News

For Lawrence Summers, the president's economic adviser, the financial crisis is kind of like a military battle. Buried in this Wall Street Journal abo...

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Paul Volcker: How Obama Is Tuning Out The Former Fed Chairman

nytimes.com | LOUIS UCHITELLE | Posted 10.21.2009 | Business

Read More: Tim Geithner, Financial Reform, Federal Reserve, Banks, Obama Administration, Ben Bernanke, Paul Volcker, Lawrence Summers, Business News

Listen to a top economist in the Obama administration describe Paul A. Volcker, the former Federal Reserve chairman who endorsed Mr. Obama early in hi...

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