Posted by guest , Nov 21, 2008 3:02PM

Why does Obama hate America?

Posted by guest , Nov 21, 2008 3:03PM

A wideclops is also joining as SoS according to NYT.

(confirm this is proper use please)

Posted by guest , Nov 21, 2008 3:04PM

I like this hire

Posted by guest , Nov 21, 2008 3:05PM

Thumbs up from me, too

Posted by guest , Nov 21, 2008 3:07PM

I really wanted Charlie Gasparino, what with all of his talent in moving the markets

Posted by guest , Nov 21, 2008 3:09PM

5/6 Please elaborate. No street experience, unless you count Liberty Street. Is that good? Just askin.

Posted by guest , Nov 21, 2008 3:09PM

Are you sure Timmay is qualified?

He didn't work at GS.

Not good.

Posted by guest , Nov 21, 2008 3:10PM

His wife is effin HOT

Posted by guest , Nov 21, 2008 3:10PM

Good pick

Posted by guest , Nov 21, 2008 3:11PM

He's pretty conservative?

Posted by guest , Nov 21, 2008 3:11PM

TIMMAAAAY!!!!

Posted by guest , Nov 21, 2008 3:12PM

Are you sure Timmay is qualified?

He didn't work at GS.

Not good.

Posted by guest , Nov 21, 2008 3:12PM

Wow that MS/boots thread went from prudishness to stalking to death threats....

HR can dish out, but obviously not take it

Posted by guest , Nov 21, 2008 3:13PM

Timothy Franz Geithner is the 9th president of the Federal Reserve Bank of New York. In that role he also serves as Vice Chairman of the Federal Open Market Committee (FOMC).

After completing his studies, Geithner worked for Kissinger and Associates in Washington, DC, for three years and then joined the International Affairs division of the US Treasury Department in 1988.

In 1999 he was promoted to Under Secretary of the Treasury for International Affairs and served under Treasury Secretaries Robert Rubin and Lawrence Summers.

In 2001 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department. He then worked for the International Monetary Fund as the director of the Policy Development and Review Department until moving to the Fed in October 2003.[1] In 2006 he became a member of the influential Washington-based financial advisory body, the Group of Thirty.

On 21 November 2008, CNBC reported that Geithner would be nominated for the position of Treasury Secretary for the Obama administration.

He was involved in the Bear Stearns and AIG Bailout and the decision to let Lehman Brothers fail.

Posted by guest , Nov 21, 2008 3:13PM

"he's seriously more incompetent than Michael Brown at FEMA. Maybe he will let citi fail like he did with lehman"

wtf? That was Bald's call

Posted by guest , Nov 21, 2008 3:13PM

He has more power now than anyone, as we see from Hank, the trasury secretary answers to no one.

Posted by guest , Nov 21, 2008 3:13PM

Why is it that Friday, when things start to look bleek, no rally has been able to build, all of a sudden **BOOOM** 300 points in 15 minutes.

Posted by guest , Nov 21, 2008 3:14PM

@11
he's the head of the ny fed, just as good for me.

Posted by guest , Nov 21, 2008 3:14PM

hi

Posted by guest , Nov 21, 2008 3:16PM

poor choice. he was at fed as cds market expanded then exploded. obama should have pick el-erian for treasury secretary.

Posted by guest , Nov 21, 2008 3:17PM

@23
Dow 8,000. Don't call it a comeback.

Posted by guest , Nov 21, 2008 3:19PM

I am unable to comment on his wife since I have never seen her pic. Anyone have a link??

But really this guy has a lot of policy experience at the NY Fed and Treasury, and no Wall St. hours (and of course non at Goldman). I see this as a positive (necessary condition to being a decent nominee). Unfortunately this guy is a bit slip-shot on his decision making and will cause a lot of uncertainty in the markets. Just take a look at his comments and decisions during the Russian, Asian and current crises. One moment he is ready to give away the house the next he is ready to punish. He is not a good choice.

Posted by guest , Nov 21, 2008 3:19PM

"Mr. Geithner joined the Department of Treasury in 1988 and worked in three administrations for five Secretaries of the Treasury in a variety of positions."

Simply put, that is called experience.

There is more to the Treasury than the street. The govt. has its own balance sheet to deal with.

Posted by guest , Nov 21, 2008 3:20PM

23, option expirations are fun!

Posted by guest , Nov 21, 2008 3:22PM

And the market spikes. See how easy this shit is?

Posted by guest , Nov 21, 2008 3:22PM

Santelli just said something to the effect that "traders will be watching the news over the weekend" and that a trader said "could this be tied to Citi?" and he thought that was a good comment.

O to announce the rest of his team Monday, personally, to calm the markets, per CNBC.

Posted by guest , Nov 21, 2008 3:23PM

What - no connection, paper trail, history or lifeline to GS? Are they kidding - how is this guy going to survive unless he has someone for those "casual dialogs"?

Posted by guest , Nov 21, 2008 3:24PM

In life, you're either the HAMMER or the NAIL, so after this forgettable week and given its a Friday . . .

the real question becomes . . .

Would you rather get HAMMERED or NAILED??

Posted by guest , Nov 21, 2008 3:24PM

He's gonna regulate all the investment banks! Oh wait, there are no investment banks left... its only banks now.

Nice pick. I was kinda hoping for Austan Goolsbee out of left field... that probably would have sent the market haywire while they tried to figure who he is.

Pretty good... pretty pretty pretty pretty good.

Posted by guest , Nov 21, 2008 3:24PM

@31 another opportunity to buy some puts.

Posted by guest , Nov 21, 2008 3:27PM

In life, you're either the HAMMER or the NAIL, so after this forgettable week and given its a Friday . . .

the real question becomes . . .

Would you rather get HAMMERED or NAILED??

Posted by guest , Nov 21, 2008 3:27PM

GO Tim.......Sykes.

Posted by guest , Nov 21, 2008 3:29PM

Maybe we will learn something about the top dogs that everyone seems to know but the public?

Posted by guest , Nov 21, 2008 3:30PM

why not pick Dr Paul?

Posted by guest , Nov 21, 2008 3:31PM

@34
Most people go for the former then the latter...

I prefer the latter then the former...

Posted by guest , Nov 21, 2008 3:33PM

"bitches ain't shit but hoes an' tricks"

Larry Summers

Posted by guest , Nov 21, 2008 3:37PM

Why isn't he announcing "the rest of the team"? Why wait until Monday? I mean its not like he is doing something else, or more important.

Posted by guest , Nov 21, 2008 3:38PM

@43

Hasn't helped any of the large banks
causes clown.

Posted by guest , Nov 21, 2008 3:39PM

@43 not helping the rest of the slaughtered bulge banks clown.

Posted by guest , Nov 21, 2008 3:41PM

drudge says: "NYT Hillary to Accept"

Posted by guest , Nov 21, 2008 3:41PM

I'm buying the PPT argument at this point.

Posted by guest , Nov 21, 2008 3:43PM

Oh Shoot! This means that C will be sold by Monday for sure. This means I lose my Sunday!

Again...unfreakingbelievable!!

Everyone knows the drill...CEO and his executive staff stays at work through the weekend...Bald & Beard start calling banks to see who wants to buy C...CEO lounges around in khakis and a navy sweater while his board goes Ape$#! because the offer for C will be $0.02/sh...Godd@mnit!

Then Bald goes in for the kill and issues the ultimatium to sell the bank in pieces or declare bankrupcy by 8pm EST on Sunday before the Asian markets open.

CNBC crew has to trek on over to the corp offices and cover people walking out with boxes.

I can't wait to get my Sundays back again!

Posted by guest , Nov 21, 2008 3:43PM

Because what we really need is another Dartmouth man as Secretary of Treasury.

Posted by guest , Nov 21, 2008 3:44PM

Hey guys, does anyone have an activation code for Excel?

Posted by guest , Nov 21, 2008 3:46PM

This is Change- finally someone who wasn't part of the Clinton administration or one of their congressional cheerleaders

Posted by guest , Nov 21, 2008 3:47PM

15SX3-45DSY-98OPE-76RM8-VPN2S

Posted by guest , Nov 21, 2008 3:48PM

hi bois

anyone going to bro jimmy's tonight? or maybe j tree?

: > )

Posted by guest , Nov 21, 2008 3:49PM

Who is going to repalce him at the NY Fed? The NY Fed, BTW, according to CNBC, isn't commenting.

Posted by guest , Nov 21, 2008 3:49PM

Nice pic, Bess.

Caption: "this is how I fondle my wife's breasts"

Posted by guest , Nov 21, 2008 3:51PM

So is HIllary accepting what?

Posted by guest , Nov 21, 2008 3:51PM

hi bois

anyone going to bro jimmy's tonight? or maybe j tree?

: > )

Posted by guest , Nov 21, 2008 3:54PM

58 go back to gawker pervert

Posted by guest , Nov 21, 2008 3:55PM

caption: "watch me bitches, I'm going to claw your eyes out"

Posted by guest , Nov 21, 2008 3:57PM

caption: "watch me bitches, I'm going to claw your eyes out"

Posted by guest , Nov 21, 2008 3:58PM

@62

But us Ibankers love bro jimmys and j tree.. its so FUN!

look for me, i will have a pink shirt and blazer on!

Posted by guest , Nov 21, 2008 4:03PM

ok 65 I concede...

that made me laugh

Posted by guest , Nov 21, 2008 4:06PM

Geithner's twitchy mannerisms are pretty irritating. He always seems like he's coked up.

Posted by guest , Nov 21, 2008 4:07PM

Of course Geithner is qualified. Unlike Paulson who had to work at Goldman to gain cred, Geithner was born to the tribe... if you know what I mean.

Posted by guest , Nov 21, 2008 4:08PM

"Change is the law of life, and those of us that look only to past and the present are certain to miss the future."

-John Fitzgerald Kennedy

Figured it was time to end the week on a positive note!

Posted by guest , Nov 21, 2008 4:09PM

@68. He didn't go to William & Mary. He attended Dartmouth. What do you mean?

Posted by guest , Nov 21, 2008 4:12PM

Question of the day:

Who is going to pick up some tall “f-me” boots before going to Mansion tonight in anticipation of a wideclop role-playing freak fest at the end of the night???

Posted by guest , Nov 21, 2008 4:13PM

Remember the good old days when daddys would give their slutty daughters money to take the Staten Island Ferry over to go drink at Moran's by the WFC to pick up a nice successful Wall Street guy?

Man I miss those days - and those daughters!

Posted by guest , Nov 21, 2008 4:19PM

isn't the staten island ferry free?

Posted by guest , Nov 21, 2008 4:20PM

isn't the staten island ferry free?

Posted by guest , Nov 21, 2008 4:20PM

Easy confirmation.

O knows how to vet.

Wideclops should go to Paulson now and ask him to abandon the premises.

Posted by guest , Nov 21, 2008 4:21PM

#72, and those "successful wall street guys"

Posted by guest , Nov 21, 2008 4:24PM

76 If they're smart the SI girls will hang closer to home and find themselves a plumber or carpenter.

Posted by guest , Nov 21, 2008 4:25PM

.. T.F. ???

http://query.nytimes.com/gst/fullpage.html? res=9402E3DA1539F93AA35755C0A963948260

Posted by guest , Nov 21, 2008 4:25PM

...or a mob guy. That business always seems to be doing well.

Posted by guest , Nov 21, 2008 4:28PM

How does this FBR guy get in front of the camera wearing that hideous jacket. wtf?

Posted by guest , Nov 21, 2008 4:30PM

some blogs are saying Bill will replace Hill, can that happen?

Posted by guest , Nov 21, 2008 4:31PM

Did Bill use a cigar on wideclops? Please advise ASAP.

Posted by guest , Nov 21, 2008 4:33PM

@68...Barchu et adonai! Barchu et hamvora!

Posted by guest , Nov 21, 2008 4:39PM

anyone will be better than Bald. nothing but rocks in that head.

Posted by guest , Nov 21, 2008 4:41PM

Integral [Houseboat] = Log cabin + C

Posted by guest , Nov 21, 2008 4:44PM

CitiGroup News Flash...

At 3:57pm, TGFD bought 2500 shares of Citi @ $3.65 net each(incl commission). I guess we'll see what happens.

Citi closed at 3.77 and is over 4.00 in the after-hours.

I can't see Citi failing, but something big may happen this weekend. Good or bad, TGFD doesn't know, but something will.

Some of the comments on DB today convinced me to make the Citi buy.

The Guy from Delaware

Posted by guest , Nov 21, 2008 4:48PM

Fucking Bill Richardson is going to be Commerce Secretary.

I would not let bill richardson be in charge of fushing toliets (and i lean to the democratic side).

Posted by guest , Nov 21, 2008 4:52PM

best of luck to you on the trade TGFD

Posted by guest , Nov 21, 2008 4:56PM

TGFD...you better hope that's an arb strategy b/c that's the only way you make $$$ on C right now...

Posted by guest , Nov 21, 2008 4:59PM

@81 a vacated senate seat is filled by an appointment by the governor (Patterson). Bill is a resident of NY and eligible.

Posted by guest , Nov 21, 2008 5:03PM

Q: If only the first year analysts are left why are people paying attention to anything they say?

Q: Why was Dylan Ratigan on with the ladies of the View today and why hasn't he been doing his programs for the last couple of days?

Posted by guest , Nov 21, 2008 5:06PM

What does anyone know about this guy? What's his position on cap gains taxes?

Posted by guest , Nov 21, 2008 5:07PM

TGFD: you are up $875.00 on paper going into the weekend? Isn't that something you should be discussing on Yahoo!finance?

Posted by guest , Nov 21, 2008 5:07PM

90 Maybe so, but my guess for the pick would be Anthony Weiner.

Posted by guest , Nov 21, 2008 5:15PM

He will to fine.
why?
Because noboy escapes "The CLAW"!!

Posted by guest , Nov 21, 2008 5:16PM

Over 1 Billion shares of Citi traded today, and the last trade size was 12,800,200 shares, executed on NYSE. It must have been a buy because my system shows it to be positive volume. Somebody big must be thinking like TGFD.

The Guy from Delaware

p.s. @#88...Thanks for the "best of luck".

Posted by guest , Nov 21, 2008 5:24PM

@#93...

TGFD doesn't know anybody at Yahoo! finance. I've never been there either.

I get all my financial news (and abuse) right here on DB. TGFD is satisfied with the relationships I've developed here over the past 8 months. No need to go anywhere else.

The Guy from Delaware

Posted by guest , Nov 21, 2008 5:30PM

Gasbagarino just brought up the fact that Geithner is buds with Bob Rubin, and Bob Rubin is on Schitti's board. What does that mean? I have no idea, and neither did Gasbagarino.

Posted by guest , Nov 21, 2008 5:33PM

Watch for a Lehman-style Dead Cat Bounce next week for Citi:

http://yourmortgageoryourlife.wordpress.com/2008/09/04/lehman-brothers-dead-cat-bounce/

I said over a year ago that Citi needed to spin off it's Mort and CC Divs - Their retail banking reach and wealth management make them undervalued - if you can afford to go long on them.

Pandit wrote down some of the of-books vehicles, but they have at least another $50B floating oput there, plus the losses on AltA, Prime, and Heolo/Heloc c*** they have on the books.

Pandit was holding out for a big bailout - and still is - but Paulson yanked the rug out from undr him last week with his TARP administrative whims - they also put the naked short sale back in action as they want to drive Citi to it's knees - like a Mafia hit on a weak 'family' - JPM Dimon and the GS Kabal are taking everyone out:

http://yourmortgageoryourlife.wordpress.com/2008/10/06/did-jpmorgan-almost-fail-jekyll-island-investment-still-paying-dividend/

Citi is in their sites now, Lewis and B of A are next. Watch Wells scramble to get big enough to fight back - but buying WaMu c*** is not going to do it - they need to merge up with US Bank to survive - if they don’t scare each other off with the toxic mortgages they have portfolioed.

2009 will suck. 2012 will be bottom. Dow will break 3000. We will all be bankrupt.

Happy Holidays!

Posted by guest , Nov 21, 2008 5:46PM

oh c'mon DB crowd...no one found TG link to GS yet (albeit small and not like he worked there)

that being said, GREAT EFFING CHOICE!!

Posted by guest , Nov 21, 2008 5:57PM

maybe he had an internship during the summer? #100

Posted by guest , Nov 21, 2008 6:02PM

Has Geithner ever had a job in the private sector? I'm pretty sure he's a lifelong government bureaucrat.

Posted by guest , Nov 21, 2008 6:11PM

He worked for both rubin and summers?

Posted by guest , Nov 21, 2008 6:20PM

New flash!!!! Take a look at Geithner's wedding announcement from 1985!!!

http://query.nytimes.com/gst/fullpage.html?res=9402E3DA1539F93AA35755C0A963948260

His dad was his best man!!!.......mmmmmmmmmmm......I guess he did not make any friends at school:))

Posted by guest , Nov 21, 2008 7:01PM

Geithner is a technocrat.Not the type to actually be out setting policy or articulating sound economic visions.Since he's spent a lifetime at the Fed factory, he'll be an orthodox Keynesian and adhere to tax raising as a way to reduce rates.It'll be establishment MUSH, served up in his own mealy mouthed manner.

Posted by guest , Nov 21, 2008 7:02PM

TG
-a key architect of the $30 billion bailout to prevent the bankruptcy of Bear Stearns. (ie He served as bankruptcy court clerk to the High Mafia Commission, which convened a St. Paddy's day meeting and others this Spring to preside over several liquidations.. including Bobbie's and Jimmie's fate. Jimmie was the successor to 'one of America's 10 Toughest Bosses')

-Assistant Financial Attache at the U.S. Embassy in Tokyo (see Jason Bourne)

-Worked for Kissinger Associates
Kissinger Associates does not disclose its list of corporate clients, and reportedly bars clients from acknowledging the relationship (see The Firm ie. Bendini, Lambert, and Locke)

Posted by guest , Nov 21, 2008 10:16PM

108 - you are a lame ass - look at the list of those who rule the world and you will see a hell of a lot more non-Jews on there than not:

http://en.wikipedia.org/wiki/List_of_Bilderberg_attendees#Royalty

And Historically, it's not like the Jews are very aggressive people - if someone is trying to take over the world, it's white Europeans including their Cossack cousins of the steppe.

http://yourmortgageoryourlife.wordpress.com/2008/09/22/conspiracies-and-headlines-whats-the-difference/

If you think it;s the Jews, you just prove you are a weak-minded sheep willing to scapegoat rather than think.

You must have stumbled on to DB by mistake. Fuck off.

Posted by guest , Nov 21, 2008 10:19PM

Geithner was born in Brooklyn, New York City, to Mr. and Mrs. Peter F. Geithner of Larchmont, New York. He completed high school at International School Bangkok, Thailand, and then attended Dartmouth College, graduating with a B.A. in government and Asian studies in 1983. After, he obtained an M.A. in International Economics and East Asian Studies from Johns Hopkins University’s School of Advanced International Studies in 1985. He has studied Japanese and Chinese and has lived in East Africa, India, Thailand, China, and Japan.

After completing his studies, Geithner worked for Kissinger and Associates in Washington, DC, for three years and then joined the International Affairs division of the US Treasury Department in 1988. In 1999 he was promoted to Under Secretary of the Treasury for International Affairs and served under Treasury Secretaries Robert Rubin and Lawrence Summers.

In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department. He then worked for the International Monetary Fund as the director of the Policy Development and Review Department until moving to the Fed in October 2003. In 2006 he became a member of the influential Washington-based financial advisory body, the Group of Thirty. On November 21, 2008, it was reported that President-elect Barack Obama had decided to nominate Geithner for the position of Treasury Secretary. Get the picture.

Posted by guest , Nov 21, 2008 10:29PM

You dumb asses. It is time to look past your brands (Dartmouth, Treasury, IMF and Kissinger and Associates) and start looking at the person. There are good and lousy people everywhere (even Goldman).

Posted by guest , Nov 21, 2008 11:48PM

Jim Rogers called him "the idiot at the New York Fed"..you can see the clip.. 1:27 in

http://www.inpaulsonwetrust.com/2008/11/jim-rogers-geithner-idiot/

Posted by guest , Nov 22, 2008 12:18AM

@112

Jim Rogers is the man.

Posted by guest , Nov 22, 2008 1:12PM

Guess who I'm talking about?

"Mr. Geithner is a graduate of Dartmouth College (BA) and the Johns Hopkins University School of Advanced International Studies (MA)

Tim's Abba, Peter F. Geithner

http://www.sourcewatch.org/index.php?title=Peter_F._Geithner

Posted by guest , Nov 22, 2008 1:19PM

TOO GOOD TO BE TRUE:

IF YOU THINK LITTLE TIMOTHY LEARNED TO SPEAK FLUENT MANDARIN LIVING IN INDIA, THAILAND AND ZIMBABWE, GUESS AGAIN..

READ MY LIPS

I-M-M-O-R-T-A-L SHAPESHIFTER

THIS (T)IGGER HAS HELPED SCOTCH EVERY CIVILIZATION KNOWN TO MAN

Posted by guest , Nov 22, 2008 1:26PM

I studied French for 7 years and spent a summer with a French family. These Quebecois laughed me out of their house and mostly spoke English to me..let's face it, no one gets fluent in these languages unless you HAVE TO speak them for 20 years.

Tim possibly coulda picked up a coupla phrases living in American compounds, but that's all.

Trust me, this Japanese Jason Bourne got language chip implants, including American!

Posted by guest , Nov 22, 2008 1:35PM

Chinese-Hebrew Banking family from the Way Back Machine. Serious.

Posted by guest , Nov 22, 2008 1:35PM

Chinese-Hebrew Banking family from the Way Back Machine.