Stealth Move in Washington Aims to Get $100 Billion for IMF Without Congressional Debate
We are told that poor countries will suffer if the IMF does not get a $108 billion appropriation from Congress immediately. But this is nonsense.
We are told that poor countries will suffer if the IMF does not get a $108 billion appropriation from Congress immediately. But this is nonsense.
HuffingtonPost.com | Arthur Delaney | Posted 06.13.2009 | Politics
Treasury Secretary Timothy Geithner announced Wednesday morning that the Treasury Department plans to give small banks access to bailout funds returne...
AP | MARTIN CRUTSINGER | Posted 06.12.2009 | World
WASHINGTON — The administration says Treasury Secretary Timothy Geithner will travel to Beijing early next month for meetings with senior Chines...
Arianna Huffington | Posted 06.11.2009 | Business
I spent last week in New York and Washington, speaking with many erstwhile Masters of the Universe and those charged with cleaning up the mess they've created. And in both cities I was stunned by how many Wall Street and political insiders were ready to break out the champagne. Forgive me if I keep the bubbly on the shelf. READ MORE Ending the War on Drugs: The Moment is Now When it comes to addressing America's disastrous war on drugs, the Obama administration is saying the right things. But when it comes to putting its rhetoric into action, the administration has faltered. Is the Obama administration really committed to a fundamental shift in America's approach to drug policy or is this about serving up a kinder, gentler drug war? READ MORE
Posted 10.04.2009 | 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...
AP | ANNE FLAHERTY | Posted 06.09.2009 | Business
WASHINGTON — The Federal Reserve could become the supercop for "too big to fail" companies capable of causing another financial meltdown under a...
HuffingtonPost.com | Arthur Delaney | Posted 06.08.2009 | Politics
With reporting by Sam Stein The Treasury Department is insisting the law governing the bailout bill gives it a green light to recycle taxpayer bailou...
HuffingtonPost.com | Arthur Delaney | Posted 06.07.2009 | Politics
In his testimony before the Congressional Oversight Panel on April 21, Treasury Secretary Tim Geithner said that the government's bank bailout program...
Huffington Post | Posted 06.06.2009 | Business
Scroll down for video excerpt and full transcript In an interview on Wednesday night with Charlie Rose, Treasury Secretary Tim Geithner struck an opt...
AP | DANIEL WAGNER and SARA LEPRO | Posted 06.06.2009 | Business
WASHINGTON — Leaked results of the government's stress tests of 19 large banks are boosting investor confidence in the financial sector. America...
Mike Lux | Posted 06.05.2009 | Business
Obama has clearly chosen a path for the economy, and those of us with a different idea about how to work on these issues have to live with the fact that we have lost the debate, for now, inside the administration.
John Wellington Ennis | Posted 05.29.2009 | Comedy
With all of the fanfare for President Obama's popular first 100 days, he is that much more certain to have a bad day, and soon.
Bloomberg | Rebecca Christie and Jody Shenn | Posted 05.29.2009 | Business
The Obama administration unveiled a new program to help borrowers with second mortgages stay out of foreclosure, offering cash to servicers, investors...
Ben Rosen | Posted 05.29.2009 | Politics
How could one person in such a responsible position be so wrong? Geithner was wrong not on a few things, not on a lot of things, but on everything.
HuffingtonPost.com | Jason Linkins | Posted 05.28.2009 | Media
Last week, the Washington Post's Stephen Stromberg blogged about how sick and tired he was of poor Tim Geithner being accused of having connections an...
The Washington Post | Posted 05.28.2009 | Politics
For more than a year, David Bradley, the Atlantic's soft-spoken owner, has hosted these off-the-record dinners at a specially built table in his glass...
AP | DEB RIECHMANN | Posted 05.27.2009 | Home
WASHINGTON — The World Bank on Sunday urged donor nations to speed up delivery of the money they've already pledged _ and open their wallets wid...
CNBC | Albert Bozzo | Posted 05.26.2009 | Business
One of the 19 financial institutions that received a government stress test would require additional capital, based on the initial findings, according...
Max Keiser | Posted 05.26.2009 | Business
In America, the people are mad as hell and they aren't going to take it anymore. Or that's what you would think if you tuned in to any cable channel spewing the new populism.
Wall Street Journal | DEBORAH SOLOMON | Posted 05.25.2009 | Business
Treasury Secretary Timothy Geithner said the world's economies are beginning to stabilize but cautioned that it is "too early" to say risks have reced...
AP | JEANNINE AVERSA | Posted 05.25.2009 | Business
WASHINGTON — Finance officials from the world's top economic powers pledged Friday to move swiftly on efforts to lift nations out of the worst r...
Reuters | Posted 05.23.2009 | Business
Treasury Secretary Timothy Geithner said on Wednesday that the United States bears a substantial share of the blame for the current economic crisis bu...
National Journal | Posted 05.22.2009 | Business
Treasury Secretary Geithner said today that banks needing "exceptional assistance" under the $700 billion Troubled Asset Relief Program could be force...
Bloomberg | Robert Schmidt | Posted 05.19.2009 | Business
The U.S. Treasury and financial regulators are clashing with each other over how to disclose results from the stress tests of 19 U.S. banks, with some...
Reuters | Posted 05.14.2009 | World
U.S. efforts to stimulate the economy with infrastructure projects are "ahead of schedule and under budget," President Barack Obama said on Monday, as...
Mark Weisbrot | Posted 06.15.2009 | World