Tim Geithner

Shahien Nasiripour

Geithner Asked To Resign; 'Mr. Secretary, The Public Has Lost All Confidence In Your Ability To Do Your Job' (VIDEO)

HuffingtonPost.com | Shahien Nasiripour | Posted 11.19.2009 | Business


A heated exchange erupted on Capitol Hill today as Treasury Secretary Timothy Geithner was explicitly asked to resign. The ranking House Republican o...

What Did TARP Accomplish? Simon Johnson In The NYT

nytimes.com | SIMON JOHNSON | Posted 11.19.2009 | Business


Here is my assessment. In late September 2008, Treasury Secretary Henry S. Paulson asked Congress for $700 billion to buy toxic assets from banks, ...

Sam Stein

Rep. DeFazio: Fire 'Timmy' Geithner

HuffingtonPost.com | Sam Stein | Posted 11.19.2009 | Politics


Rep. Peter DeFazio called for the firing of President Barack Obama's top two economic aides on Wednesday, accusing them of pursuing a recovery plan sk...

Shahien Nasiripour

Goldman Sachs's Drop In The Bucket

HuffingtonPost.com | Shahien Nasiripour | Posted 11.18.2009 | Business


On Tuesday, Goldman Sachs announced it would commit $500 million to help small businesses, garnering the financial giant headlines and buzz for its al...

Goldman Sachs Would Have Been Damaged By AIG Failure: SIGTARP Report

Huffington Post | Ryan McCarthy | Posted 11.18.2009 | Business


Last April, Goldman Sachs CFO David Viniar said he was "mystified" by concerns that the government bailout of AIG may have disproportionately favored ...

The Sorcerer's Apprentice: Geithner Should Step Down

Linda R. Monk, J.D. | Posted 11.18.2009 | Business


Linda R. Monk, J.D.

Geithner's problem is not that he is by nature a corrupt man. It's that he is steeped in the Wall Street way of doing business, which itself is riddled with fraud -- and billions of taxpayer dollars are at stake.

Geithner Is "Obama's Rumsfeld": Replace Him With Robert Reich

Paul Abrams | Posted 11.17.2009 | Business


Paul Abrams

Geithner is a continuing liability for this President. By stepping down, he can rightly claim some successes, while also presenting an opportunity for Obama to appoint a Treasury Secretary who fights for Main Street.

BofA, Merrill Deal: Republicans And Democrats Square Off Over Government's Role

AP | MARCY GORDON | Posted 11.17.2009 | Business


WASHINGTON — A senior House Democrat says the government didn't force Bank of America to take over Merrill Lynch, but a bank board member said m...

Jason Linkins

Compared To Buffett, Paulson And Geithner Have Gotten Taxpayers Little Bang For Their Bailout Buck

HuffingtonPost.com | Jason Linkins | Posted 11.17.2009 | Business


One of the best ways I've found to evaluate the actions taken by then-Treasury Secretary Hank Paulson in bailing out the nation's failing banks back i...

Goldman Sachs does God's Will while 49 Million go Hungry

Les Leopold | Posted 11.18.2009 | Business


Les Leopold

The Department of Agriculture reports that 49 million Americans don't have enough food. That's up 13 million over the last year and is highest number ever recorded since the survey began 14 years ago.

Shahien Nasiripour

Geithner Singled Out In TARP Watchdog Neil Barofsky's Scathing Report On AIG Bailout

HuffingtonPost.com | Shahien Nasiripour | Posted 11.17.2009 | Business


A brutal report issued Monday by a government watchdog holds Timothy Geithner -- then the head of the Federal Reserve Bank of New York and now the nat...

How to Live on $0 a Day: Assuaging Rage, One Prick at a Time

Lesley Stern | Posted 11.12.2009 | Comedy


Lesley Stern

If you're quivering with rage just thinking about Wall Street, it's time to take action. I've discovered a way to achieve a semblance of inner peace without therapists, tranquilizers or weapons.

White House Looking To Cut Deficit With Extra TARP Cash

wsj.com | By DEBORAH SOLOMON and JONATHAN WEISMAN | Posted 11.12.2009 | Politics


The Obama administration, under pressure to show it is serious about tackling the budget deficit, is seizing on an unusual target to showcase fiscal r...

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

Huffington Post/AP | Posted 11.12.2009 | Business


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

Bank Lending Down Despite Massive Bailouts And Increasing Regulations

bloomberg.com | Rich Miller | Posted 11.12.2009 | Business


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

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


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

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...

The Audacity to Change

Robert Kuttner | Posted 11.09.2009 | Politics


Robert Kuttner

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.

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...

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

New York Times | FRANK RICH | Posted 11.07.2009 | Politics


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

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

Times Online | John Arlidge | Posted 11.07.2009 | Business


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...

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

The Huffington Post | Posted 11.04.2009 | Politics


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

The Wrath of Suburbanites and Independents

Joseph A. Palermo | Posted 11.04.2009 | Politics


Joseph A. Palermo

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.

Obama: The Central Question of Our Time

Cenk Uygur | Posted 11.03.2009 | Politics


Cenk Uygur

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.

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

The Huffington Post | Rachel Weiner | Posted 11.02.2009 | Politics


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...