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Timothy Geithner Treasury Secretary

One Small Problem With Geithner's Plan: It Will Bankrupt The Banks

Henry Blodget | Posted 04.25.2009 | Business

Read More: Geithner, Bailout, Timothy Geithner Treasury Secretary, Timothy Geithner, Geithner Plan, Tim Geithner, Geithner Bailout, Business News
Henry Blodget

The big problem with Tim Geithner's plan to fix the banks is the same as it ever was: The gap between what banks say their assets are worth and what the market says they are worth.

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Geithner "Open" To China 'Super Currency' Proposal

Politico | Posted 04.25.2009 | Politics

Read More: Geithner, Timothy Geithner Treasury Secretary, Tim Geithner Treasury Secretary, International Monetary Fund, Tim Geithner, IMF Bailout, Imf, China Super Currency, Timothy Geithner, Super Currency, China, Foreign Affairs, Advocacy, Politics News

Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by the governor of the China's central bank, wh...

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"Gotcha" Grandstanding: You're A Bunch Of Rude Dudes

Betsy Perry | Posted 04.24.2009 | Politics

Read More: Congressional Hearings, Ben Bernanke, Tim Geithner, Goldman Sachs, Geithner, Timothy Geithner Treasury Secretary, Bailout, Geithner Plan, Geithner Bailout, Geithner Hearings, Aig, Timothy Geithner, Politics News
Betsy Perry

While I'm all for coming clean and getting the dirt on AIG and Goldman Sachs, the behavior of the committee members is all about listening to themselves talk, grandstanding and "gotcha" moments.

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Three Scenarios for the Geithner Plan

Alan Schram | Posted 04.24.2009 | Business

Read More: Financial Crisis, Banks, Credit Crisis, Geithner Plan, Geithner, Timothy Geithner Treasury Secretary, Bailout, Tim Geithner, Geithner Bailout, Timothy Geithner, Business News
Alan Schram

The very premise behind Geithner's plan is flawed. We insist on saving the banks, and refuse to admit most of them are impaired beyond hope.

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Obama Starts Filling In Treasury Department Holes

AP | Posted 04.24.2009 | Politics

Read More: Treasury Department, Timothy Geithner Treasury Secretary, Stuart Levey, Neal Wolin, U.S. Treasury, Barack Obama, Deputy Treasury Secretary, Lael Brainard, Tim Geithner, Treasury, Timothy Geithner, Us Treasury, Treasury Secretary, Politics News

WASHINGTON — President Barack Obama on Monday moved to fill three top jobs at the Treasury Department to help Secretary Tim Geithner manage the ...

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Reel in the Credit-Rating Agencies

Eric C. Anderson | Posted 04.24.2009 | Business

Read More: Politics, Federal Reserve, Timothy Geithner Treasury Secretary, Economy, Credit Ratings, Credit Rating Agencies, Sec, Geithner Plan, Geithner Bailout, Business News
Eric C. Anderson

Geithner and the SEC must take direct aim at the root cause of our ailments. That means fixing the credit-rating agency problem now.

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Stop Bashing the Obama Economic Plan

Jacob Heilbrunn | Posted 04.23.2009 | Politics

Read More: Geithner, Timothy Geithner Treasury Secretary, Bailout, Obama Economic Plan, Geithner Plan, Tim Geithner, Geithner Bailout, Timothy Geithner, Obama Economy, Barack Obama, Politics News
Jacob Heilbrunn

It remains astonishing that a variety of pundits and lawmakers continue to underestimate Obama. Will Obama rescue the economy? Yes, he can. But not if the Democrats try to stop him first.

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Geithner's Five Big Misconceptions

Henry Blodget | Posted 04.23.2009 | Business

Read More: Bailout, Geithner, Timothy Geithner Treasury Secretary, Timothy Geithner, Geithner Plan, Tim Geithner, Geithner Bailout, Business News
Henry Blodget

Geithner views the crisis the same way Wall Street does -- as a temporary liquidity problem -- and his plans to fix it are designed with the best interests of Wall Street in mind.

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Summers To Bloomberg TV: Investors In Geithner Plan Exempt From Compensation Limits

Bloomberg | Chris Antsey | Posted 04.23.2009 | Business

Read More: Public/Private Partnerships, Geithner, Timothy Geithner Treasury Secretary, Timothy Geithner, Geithner Plan, Lawrence Summers, Tim Geithner, Bonus Outrage, Business News

White House National Economic Council Director Lawrence Summers said that investors in the Public-Private Investment Program won't be subject to the c...

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Take the Steering Wheel out of Geithner's Hands

Arianna Huffington | Posted 04.23.2009 | Politics

Read More: Timothy Geithner Treasury Secretary, Fdic, Aig Bonuses, Economy, Aig, Bank Bonuses, Recession, Stan Greenberg, Federal Bailouts, Nelson Mandela, Bailout Bandits, Wall Street, Tim Geithner, Geithner Bailout, Financial Crisis, Timothy Geithner, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Politics News
Arianna Huffington

Tim Geithner's actions throughout his career, including his time as Treasury Secretary, are proof that the toxic thinking that got us into this mess is part of his DNA.

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Dow jumps as Obama admin. moves on bad bank assets

AP | TOM RAUM | Posted 04.23.2009 | Business

Read More: Geithner, Timothy Geithner Treasury Secretary, Timothy Geithner, Geithner Plan, Tim Geithner, Geithner Bailout, Business News

WASHINGTON — The Obama administration aimed squarely at the crisis clogging the nation's credit system Monday with a plan to take over up to $1 ...

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Geithner's Last Stand

Robert Kuttner | Posted 04.22.2009 | Politics

Read More: Timothy Geithner Treasury Secretary, Fdic, Economy, Aig Bonuses, Aig, Bank Bonuses, Recession, Goldman Sachs, Federal Bailouts, JP Morgan, Neel Kashkari, Bailout Bandits, Wall Street, Tim Geithner, Geithner Bailout, Financial Crisis, Timothy Geithner, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Citigroup, Politics News
Robert Kuttner

The indignation over AIG will serve a useful purpose if it focuses public attention on the much larger issue of the failure of the entire approach that Tim Geithner and Larry Summers are using to rescue the banking system.

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Intrade: Geithner Odds Of Ouster Surging

Huffington Post | Julie Satow | Posted 04.19.2009 | Business

Read More: Geithner, Geithner Out, Timothy Geithner Treasury Secretary, Timothy Geithner, Intrade Geithner Odds, Geithner Odds, Tim Geithner, Geithner Ouster, Intrade, Business News

The odds-making firm Intrade has asked investors to bet on whether Treasury Secretary Timothy Geithner will leave his job before the end of this year....

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Larry Summers: Stop the AIG Bonuses. Yes You Can.

Aaron Zelinsky | Posted 04.15.2009 | Business

Read More: Wall Street Bailout, Timothy Geithner Treasury Secretary, Internal Revenue Code, Internal Revenue Service, Aig Bonuses, AIG Bailout, Larry Summers, AIG Executives, Lawrence Summers, Derivative Suits, Aig, AIG Ba, Bailout, Wall Street, Tim Geithner, Executive Compensation, Larry Summers Treasury Secretary, Economy, Bank Bonuses, Recession, Federal Bailouts, Bailout Bandits, Financial Crisis, Aig Federal Bailouts, Bonuses, Wall Street Bonuses, AIG Scandal, Business News
Aaron Zelinsky

Larry Summers claims that nothing can be done about the AIG bonuses. As a former Secretary of the Treasury, he should know better.

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Ryan Grim

Romer Seems To Break With Geithner On Cause Of Crisis

HuffingtonPost.com | Ryan Grim | Posted 04.10.2009 | Politics

Read More: Chuck Schumer, Geithner, Timothy Geithner Treasury Secretary, James Galbraith, Stephanie Cutter, Economic Crisis, Larry Summers, Chris Dodd, Charles Schumer, Barack Obama, Lawrence Summers, Christina Romer, Christina Romer Obama, Tim Geithner, Christina Romer Timothy Geithner, Paul Krugman, Timothy Geithner, Citigroup, Politics News

Christina Romer, at a speech at the Brookings Institution Monday afternoon, appeared to give support to critics of Treasury Secretary Timothy Geithner...

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Tim Geithner, CNBC, and the Second Coming of Known Unknowns

Arianna Huffington | Posted 04.09.2009 | Business

Read More: Erin Burnett, Jon Stewart, Cnbc, Jon Stewart Rick Santelli, Jon Stewart Cnbc, Paul Krugman, Timothy Geithner, Real Time With Bill Maher, Paul Krugman Economy, Simon Johnson, Erin Burnett Real Time With Bill Maher, Timothy Geithner Treasury Secretary, Economy, Nassim Nicholas Taleb, Bailout Outrage, Business News
Arianna Huffington

AIG's CEO prefers not to say who has our money. Same with the Fed. Same with Bank of America's CEO who prefers to go to court instead of saying who got bonuses. It's time to call in all the knowable unknowns.

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Geithner Selling NY Home, Asking $1.6 Million

AP | Posted 04.09.2009 | Home

Read More: Larchmont Geithner, Debbie Meiliken of Coldwell Banker, Geithner, Timothy Geithner Treasury Secretary, Coldwell Banker, Geithner Real Estate, Tim Geithner, Debbie Meiliken, Timothy Geithner, Geithner Larchmont, Giethner Home, Geithner Selling Home, Real Estate Geithner, Home News

LARCHMONT, N.Y. — Treasury Secretary Timothy Geithner is selling his house in the New York suburbs, with a listed price of $1.635 million. Debb...

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Geithner: Nationalization Is "The Wrong Strategy," "Deeply Offended" By Banks

Huffington Post | Julie Satow | Posted 03.29.2009 | Business

Read More: Geithner, Geithner "Wrong Strategy", Timothy Geithner Treasury Secretary, Geithner Plan, Economy, Geithner Stress Test, Geithner Interview, Recession, Geitner Interview, Tim Geithner, Geithner Bailout, Banks, Timothy Geithner, Bank Bailout, Geitner Stress Test, Jim Lehrer Geithner, Nationalization, Lehrer Geitner, Tim Geitner Jim Lehrer, Nationalization of Banks, Business News

Treasury Secretary Timothy Geithner spoke with PBS' Jim Lehrer on Wednesday evening about the Obama administration's economic plans. Among the highli...

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Geithner's Private Investment Fund Details Revealed

Financial Times | Krishna Guha | Posted 03.27.2009 | Business

Read More: Tim Geithner Bailout, Timothy Geithner, Timothy Geithner Treasury Secretary, Geithner Private Investment Fund, Geithner Plan, Treasury Secretary, Geithner Bailout, Private Investment Fund, Business News

One reason the US authorities are reluctant to pull the plug on any big banks is that they hope their toxic asset purchase plan could show that losses...

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Stanford, Geithner: Who Did More For Market Confidence?

BusinessWeek | David Henry | Posted 03.22.2009 | Business

Read More: Allen Stanford Timothy Geithner, Sir R. Allen Stanford, Timothy Geithner Treasury Secretary, Timothy Geithner, Sir Allen Stanford, Allen Stanford, Tim Geithner, Business News

Perversely, alleged conman R. Allen Stanford did more in the past 10 days to boost confidence and stability in the banking system than U.S. Treasury S...

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It's Time to Treat America's Homeowners as Well as We've Been Treating Wall Street's Bankers

Arianna Huffington | Posted 06.12.2009 | Business

Read More: Foreclosures, Bailout Outrage, Timothy Geithner Treasury Secretary, Obama Stimulus Plan, Obama Stimulus, Tim Geithner, Geithner Bailout, Homeowners, Bank Bailout, Geithner Bank Bailout, Home Foreclosures, Business News
Arianna Huffington

"The banks are too big to fail" has been the mantra we've been hearing since September. But when you consider the millions of American homeowners facing foreclosure, aren't they also too big to fail?

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Why is Obama Reluctant to Kill the Zombie Banks Threatening Our Economy?

Arianna Huffington | Posted 03.15.2009 | Business

Read More: Timothy Geithner Treasury Secretary, Nouriel Roubini, Wall Street Crisis, Geithner Plan, David Axelrod, Economy, Economic Crisis, Geithner Bailout, Larry Summers, Financial Crisis, Paul Krugman, Timothy Geithner, Zombie Banks, Business News
Arianna Huffington

The plan laid out -- or, more accurately, sketched out -- by Tim Geithner makes it very clear that he is on the wrong side of the issue, more worried about the banking industry than the American people.

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Why Geithner's Banking Fix Won't Work

Henry Blodget | Posted 03.15.2009 | Business

Read More: Bailout, Timothy Geithner Treasury Secretary, Nouriel Roubini, Geithner Plan, Geithner Bailout, Paulson Bailout, Henry Paulson, Timothy Geithner, Henry Paulson Plan, Business News
Henry Blodget

The bottom line is that someone has to take the losses on the $1+ trillion of depreciating assets that are crushing bank balance sheets, and we taxpayers have woken up to the fact that we don't want it to be us.

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GOP Sen. Shelby: Geithner "Wasted" Senate's Time

CBS | Posted 03.14.2009 | Politics

Read More: Tarp, Tim Geithner Bailout, Geithner, Timothy Geithner Treasury Secretary, Senate Finance Committee, Sen. Richard Shelby, TARP Money, Tim Geithner, Geithner Bailout, Timothy Geithner, Richard Shelby, Obama TARP, Politics News

Republican Sen. Richard Shelby of Alabama, the top Republican on the Senate Banking Committee, on Wednesday lambasted Treasury Secretary Tim Geithner'...

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Geithner's CNBC Interview: Denies Plan Is A "Disguised Subsidy"

Huffington Post | Julie Satow | Posted 03.13.2009 | Business

Read More: Timothy Geithner Treasury Secretary, Timothy Geithner, Financial Rescue, Bailout, Economy, Bank Bailout, Bailout Rescue Package, Business News

Following his speech on the Obama administration's plan to alleviate the economic crisis, Treasury of Secretary Timothy Geithner discussed the financi...

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