Entries tagged "Treasurer Secretary Tim Geithner"
As Citigroup Inc. desperately tries to right its ship, Bank of America Corp. reportedly has returned to the Treasury with its hat in hand asking for more money after blowing its first handout on a bad bet, Merrill Lynch & Co. The sorry state of two leading U.S. banks raises into question how effective the government's efforts to fix the sickly banking industry has been. The blogosphere -- much like the public it reflects -- is alight with populist outrage, speculation and even some solutions. ...
President-elect Barack Obama finally named a FCC chairman nominee, tapping old Harvard Law classmate and venture capitalist Julius Genachowski. The announcement pleased some in the venture community. As confirmation hearings for Obama's Cabinet begin in the Senate, questions are surfacing about Treasury Department nominee Timothy Geithner's housekeeper and taxes. While Democratic congressional leaders call the kerfuffle manageable, Clusterstock asks why no one from the Obama transition team has officially commented on the allegations. Meanwhile, Republican senators aren't the only ones opposed to Geithner's nomination. CNBC personality Jim Cramer continues his campaign against Obama's Treasury Department nominee. The most recent venue...
New York Times columnist Thomas Friedman feels the economic crisis has grown to such mammoth proportions during the waning two months of the Bush administration term that Barack Obama's choice for treasurer secretary, Tim Geithner, should start his position now rather than wait until his Jan. 21 start day. "An unprecedented crisis calls for unprecedented measures," Friedman said on "The Brian Lehrer Show" on WNYC radio Monday morning....
