Entries tagged "Timothy Geithner"

Is the recession really over?

On the 80th anniversary of the the Great Crash of 1929, the Commerce Department unofficially announced that the recession was over by reporting that the economy's GDP expanded by 3.5%, the strongest growth rate in two years.

AIG, Geithner, CDOs for 100 cents on the dollar

The New York Fed and Federal Reserve made the decision to pay the banks 100 cents on the dollar even after AIG spent months trying to negotiate lower payments of 40 cents on the dollar.

Treasury Secretary Geithner on the economy

The Treasury secretary talks about a number of subjects including the economy, regulatory reform and government intervention in the private sector during the worst of the financial crisis.

Gossip on the Street

There's been a lot of chatter this week about some regulators and bankers social issues, who is taking over for Bank of America's Ken Lewis and who has who on speed-dial.

The bailout generation

A baby born in 2008 will be 15 years old by the time the government is able to 'disentangle itself from the financial services sector,' according to a new report.

Fed blows off Geithner's suggestion

The Federal Reserve Board has shot down a Treasury proposal for a public review of the central bank's structure and governance, which likely will only antagonize opponents.

Big banks are even bigger than before

Banks are so wrapped up in each other's business that one block being pulled would cause the whole Jenga tower to collapse, and now things have gotten worse.

Geithner to field Qs for Digg Dialogg

For those of you who have been dying to ask Treasury Secretary Tim Geithner a question, now could be your chance.

Treasury taps Hellman & Friedman dealmaker

Jeffrey Goldstein, a managing director at private equity firm Hellman & Friedman LLC, was nominated by President Obama Wednesday to be Treasury under secretary for domestic finance.

Bair's defeat and Beltway politics

Treasury Secretary Timothy Geithner has helped Citigroup CEO Vikram Pandit to fend off Sheila Bair's attempt to push him out of his job.

No one wants to buy Geithner's home

Treasury Secretary Timothy Geithner is having trouble selling his Tudor-style home in Westchester County, N.Y.

Finally, some extra hands at Treasury

Treasury Secretary Timothy Geithner finally has help with the recent confirmation of three new high-level staffers.

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