Tim Geithner

Geithner Hits Goldman Sachs: It Would Have Failed Without Government Help

Bloomberg | Rich Miller and Christine Harper | Posted 12.05.2009 | Business


Treasury Secretary Timothy Geithner disputed claims by Goldman Sachs Group Inc. executives that the bank could have survived the financial crisis with...

Geithner On Offense, Slams 'Irresponsibly High Bonuses'

Bloomberg | Posted 12.04.2009 | Business


Treasury Secretary Timothy Geithner criticized the record bonuses expected to be paid by big banks this year and refuted claims by Goldman Sachs Group...

Obama Is "Bush Light"

Mike Papantonio | Posted 12.01.2009 | Politics


Mike Papantonio

The engine driving the impending train wreck for Obama and his spineless advisors is that he made promises that turned out millions of supporters. That promise was that we were going to see "change." Soon we began to see "Bush Lite."

Ben Bernanke Makes Case For Strong Fed Role On Banks

AP | EILEEN AJ CONNELLY | Posted 11.29.2009 | Business


NEW YORK — The chairman of the Federal Reserve is concerned that congressional efforts at financial reform could weaken the central bank's abili...

Jim Rogers: Geithner "Has Been Wrong About Just About Everything," Will Lose His Job

BusinessWeek | Maria Bartiromo | Posted 11.27.2009 | Business


Maria Bartoromo: Tim Geithner has been under attack lately. How's he doing? Listen, I have been a critic for years. Geithner should never have been a...

Faced With Strong Banks And Weak Credit Markets, Treasury May Be Rethinking TARP

AP | JIM KUHNHENN | Posted 11.24.2009 | Business


WASHINGTON — Big banks are roaring back. At crisis' edge last year, they are repaying billions of dollars dumped into their vaults to rescue th...

Knocking Down The Biggest Excuse For The Bailout

Cenk Uygur | Posted 11.24.2009 | Politics


Cenk Uygur

If the Obama team wants to earn back some goodwill concerning the banks, they have to do better than the lame excuse of "we had to do it." They didn't have to do it this way. There were many other possibilities.

Shahien Nasiripour

Systemic Risk Panel Would Lack Independence; Treasury Secretary Would Call The Shots

HuffingtonPost.com | Shahien Nasiripour | Posted 11.23.2009 | Business


If the White House and congressional leaders get their way, the vaunted new oversight council charged with overseeing systemic risk in the financial m...

Will The Unemployment Disaster Be Obama's Katrina?

Arianna Huffington | Posted 11.24.2009 | Politics


Arianna Huffington

There's a Category 5 storm about to make landfall, and the president and the officials in charge of preparing for the approaching disaster don't seem to be particularly worried. Sound familiar?

What Are You Thankful for?

Fortune's Stanley Bing | Posted 11.23.2009 | Business


<i>Fortune</i>'s Stanley Bing

I am thankful that Wall Street is still a festering sump pump of illogic, hubris and greed, and will continue to provide me with plenty to write about for the foreseeable future.

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...