Treasury Secretary

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Treasury to Promote Homeownership? Not so fast

Mark Winston Griffith | Posted 01.04.2009 | Business

Read More: Lending Crisis, Banks, Homeowners, Government Bailout, Subprime Loans, Economy, Treasury Secretary, Business News

A version of this entry was posted on the DMI blog. It's remarkable how the Bush Administration keeps missing the mark on the mortgage and foreclosur...

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Obama's Wall Street Woes

Robert L. Borosage | Posted 12.26.2008 | Politics

Read More: Citibank, Bailout, Economic Team, Economy, Obama Cabinet, Economic Crisis, Obama Administration, Barack Obama, Robert Rubin, Wall Street, Tim Geithner, Henry Paulson, Treasury Secretary, Politics News

Obama presented his economic team -- all protégés of Robert Rubin -- just as the Treasury was pumping out billions to rescue Citibank -- which featured Rubin as chair of its executive committee. Is this the change we need?

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Arranging Mr. Geithner's Priorities: Economy NewsLadder

The Media Consortium | Posted 12.26.2008 | Politics

Read More: Henry Paulson, Timothy Geithner, Robert Rubin, Bailout, Treasury Secretary, Economy, Citigroup, President Obama, Politics News

By Zach Carter MediaWire Blogger President-elect Barack Obama announced his economic transition team yesterday--and we'll get to that--but first let'...

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From the Office of the President-Elect, PEOTUS

Jennifer Donahue | Posted 12.26.2008 | Politics

Read More: Breaking Political News, Cabinet Appointments, Treasury Secretary, Obama's Cabinet, Bush, Hillary Clinton Secretary of State, Obama Transition, Politics News

The control the Obama campaign and now transition have demonstrated over the media is as sophisticated and as groundbreaking as Lee Atwater's use of multimedia developments for Richard Nixon.

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What New Treasury Secretary Geithner Must Prove

US News and World Report | Rick Newman | Posted 12.25.2008 | Business

Read More: Finance, Economy, Financial Crisis, Timothy Geithner, Treasury Secretary, Business News

Geithner is still a risky choice, and in a few months' time, the markets could very well have turned on him. Here's why: He's never been top dog. G...

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Neel Kashkari's Stock Plummeting Like the Dow Jones

Disgrasian | Posted 12.24.2008 | Media

Last week, Neel Kashkari appeared before Congress, where he was called a "chump" by Maryland Dem Elijah Cummings.

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Geithner Pick Mystifies Some Traditional Democratic Constituencies

Wall Street Journal | JON HILSENRATH and DEBORAH SOLOMON | Posted 12.23.2008 | Politics

Read More: Obama Cabinet, Timothy Geithner Treasury Secretary, Tim Geithner, Timothy Geithner, Democrats, Wall Street, Treasury Secretary, Politics News

As a young Treasury aide in the late 1990s, Timothy Geithner once said his proudest accomplishment was helping assemble more than $100 billion in inte...

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Change We Can Bank On

Robert Scheer | Posted 12.19.2008 | Politics

Read More: Robert Scheer, Phil Gramm, Henry Paulson, Mortgage, Fdic, Barack Obama, Economy, Lawrence Summers, Foreclosure, Timothy Geithner, Pornography of Power, Robert Rubin, Sheila Bair, Barney Frank, Treasury Secretary, Obama Cabinet, Obama's Cabinet, Alan Greenspan, Politics News

This is not change we can believe in -- not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in Obama's incoming administration.

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Treasury Pays $33.56B To 21 Banks, Next Round Of Applications Open

AP | MARTIN CRUTSINGER | Posted 12.19.2008 | Business

Read More: Treasury Department, Neel Kashkari, Bailout, Finance, Economy, Federal Reserve, Financial Crisis, Treasury Secretary, Business News

WASHINGTON — The government said Monday it has supplied $33.56 billion to 21 banks in a second round of payments from the $700 billion rescue pr...

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Secrets of the Bailout

Emma Coleman Jordan | Posted 12.15.2008 | Business

Read More: Paulson Bailout, Financial Crisis, Treasury Department, Banking Crisis, Treasury Secretary, Wall Street Bailout, Bailout, Economy, Economic Crisis, Business News

The same penchant for secrecy and partial disclosure that pervaded the last eight years of foreign policy, energy policy and domestic intelligence gathering is now slowly emerging in the bailout.

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Larry Summers -- My Experience

Wendy Kopp | Posted 12.10.2008 | Politics

Read More: Harvard, Obama Cabinet, Larry Summers, Obama Administration, Teach for America, Wendy Kopp, Obama's Cabinet, Women's Issues, Treasury Secretary, Politics News

I have seen Summers exert rare commitment both in supporting women and in addressing the issues facing economically disadvantaged communities.

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Summers at Treasury: What Would We Tell the Children?

Dean Baker | Posted 12.08.2008 | Politics

Read More: Financial Crisis, Treasury Secretary, Obama Cabinet, Economy, Obama's Cabinet, Larry Summers, Obama Administration, Housing Crisis, Alan Greenspan, Politics News

How can Summers still be considered for the top economic position in the Obama administration? This would be like appointing the arsonist who burned down the city as the new fire commissioner.

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Larry Summers' True Record on Women

Sheryl Sandberg | Posted 12.08.2008 | Business

Read More: Obama Cabinet, Women's Issues, Finance, Economy, Obama's Cabinet, Larry Summers, Obama Administration, Harvard, Facebook, Treasury Secretary, Barack Obama, Business News

Many people note that our nation has few economists with Larry Summers' intelligence. They should also know that we have few leaders, if any, in the financial world who have done more for women.

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Lawrence Summers: Africa Is

Max Blumenthal | Posted 12.06.2008 | Politics

Read More: Treasury Department, White House, Barack Obama, Treasury Secretary, Lawrence Summers, Economy, Larry Summers Treasury Secretary?, Larry Summers Africa, Larry Summers Treasury Secretary, Politics News

If Obama nominates Summers, he will send a dispiriting message to governments of developing countries -- especially in Africa -- just as they have begun to look at the United States as a beacon of hope.

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Obama's Treasury Secretary: Jon Corzine?

Posted 12.06.2008 | Politics

Read More: Obama Cabinet, Jon Corzine, Treasury Secretary, Politics News

BloggingStocks suggested that Obama's Treasury Secretary might be Jon Corzine. Corzine is the governor of New Jersey, and has a background in finance....

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Paulson Deal Cheats American Taxpayers

Leo W. Gerard | Posted 11.30.2008 | Business

Read More: Goldman Sachs, Hank Paulson, Wall Street, Wells Fargo, U.S. Treasury, Henry Paulson, $700 Billion Bailout, Warren Buffett, Congress, Alan Greenspan, American Dream, Richard Kovacevich, Wall Street Crash, Stockholder Bonuses, Congressional Bailout, Financial Crisis, Treasury Secretary, Corporate Bonuses, Business News

We need to bury the philosophy that worships only business, free markets, deregulation and free trade, and replace it with an economic program that rebuilds the middle class.

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Paulson Cuts Goldman Sachs a Sweetheart Deal

Marco Trbovich | Posted 11.29.2008 | Politics

Read More: Treasury Secretary, Tax Dollars, Derivatives, Presidential Election, Usw, Credit Crisis, United Steelworkers, Next Tuesday, Leo W. Gerard, Goldman Sachs, Investing, Bailout, Dividend, Taxpayer Dollars, Securities, Stock, Warren Buffett, Henry Paulson, Politics News

An analysis of the bailout deals Paulson has been cutting with taxpayer dollars reveals he's giving the culprits who created the nation's credit crisis what amount to sweetheart deals.

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Who is a Top Exec at Cerberus/Chrysler?!?!

Steve Parker | Posted 11.24.2008 | Business

Read More: Sarah Palin Dan Quayle, GM Chrysler Deal, Detroit Three, John Snow, GM Chrysler Merger, Cars, Detroit News, Ford, Chrysler Nissan Deal, Nissan Renault, Daimler, Cerberus Capital Management, Phoenix, Dan Quayle, Phoenix Business Journal, Alaska, Treasury Secretary, Business News

Whew! I thought Cerberus might really be in over their heads with their purchase of Chrysler from Daimler. Now that we know Dan Quayle is on the front lines, though, we can sleep a little sounder this evening.

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Who Will Be The Next Treasury Secretary? Brief Profiles Of The Possible Picks

AP | Posted 11.17.2008 | Business

Read More: Meg Whitman, Andrew Cuomo, Jon Corzine, Treasury Secretary, Michael Bloomberg, Warren Buffett, New Treasury Secretary, Jamie Dimon, Business News

Brief profiles of some possible candidates to be the next Treasury secretary: NAME -- Michael Rubens Bloomberg AGE-BIRTH DATE-LOCATION -- 66; Feb. 1...

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The New Socialism Is The New Capitalism

Benjamin R. Barber | Posted 11.14.2008 | Business

Read More: Henry Paulson, Financial Crisis, Wall Street Crisis, Bailout, Wall Street, Treasury Secretary, Business News

The bailout makes nice noises about the poor saps at the bottom, but proceeds top down, because unless the banks and hedge funds and insurance companies are saved, the whole system crashes.

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Bipartisanship in the Bailout: When Does the New Treasury Secretary Start?

Dean Baker | Posted 11.11.2008 | Politics

Read More: Wall Street Crisis, Henry Paulson, Treasury Secretary, Politics News

Given this history and the severity of the crisis facing the economy, how about a little reciprocity?

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Struggling to Avoid a Neck Injury in the Whiplash of Democracy

Michealene Cristini Risley | Posted 11.09.2008 | Politics

Read More: Mayor of Wasilla, Alaska, Pet Rocks, Palin Rape Kits, Palin, Democracy, Obama, Mccain, Democracy for America, Treasury Secretary, Politics News

All of us know what a lie is, and hopefully we believe it is wrong. So why when politicians and elected officials lie or tell half-truths it is acceptable to voters?

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Dear John McCain -- Stay Away From References to Technology and Jell-O

Jessica Olien | Posted 11.08.2008 | Politics

Read More: John McCain, Presidential Debate, Letter to McCain, Straight Talk Express, Treasury Secretary, Jell-O, Politics News

My friend, you don't want to be talking Jell-O. Jell-O conjures up images of nursing homes and Bill Cosby.

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Republican's View: Not McCain's Night

Christopher Ingram | Posted 11.08.2008 | Politics

Simply put, McCain left his "A" game at the office. In failing to land the needed body-blow, Obama gets the win. And while Obama's was a technical win, he did not perform poorly.

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