• 11 Nov 2010 at 5:10 PM

Tim Geithner Bought Shares Of Sweet Ass Manufacturer To Teach His Kids About Stocks

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lululemon-pants.jpgGovernment officials often avoid conflicts between professional obligations and personal finances by divesting company stocks from their portfolios. So it comes as a surprise that, along with the standard mutual funds, Treasury Secretary Timothy Geithner owns a small amount of stock in yoga clothing retailer Lululemon…Turns out, he purchased less than $1,000 worth of shares a few years ago to teach his two children about the stock market, press aide Steve Adamske says. Geithner picked the company partly because of his now college-age daughter’s interest in yoga—and as a hedge against her frequent Lululemon purchases, Adamske says. Additionally, Geithner owns $1,000 to $15,000 worth of IBM (IBM) stock, which he inherited. [BusinessWeek]

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  1. 1
    Posted by Guest | November 11, 2010 at 10:39 PM

    Good call – that’ll teach the kids a lesson. Alternatively, if he wanted the kids to make money he would have shorted the company.

  2. 2
    Posted by trojan | November 11, 2010 at 10:45 PM

    almost child bearing hips, not quite prime rearing stock

  3. 3
    Posted by LEDL | November 11, 2010 at 10:50 PM

    Still, most likely lights on

  4. 4
    Posted by Irish Curse | November 11, 2010 at 10:54 PM

    “his fadder was a mudder”

    “his fadder was a mudder?”

    “his mudder was a mudder”

    “his mudder was a mudder?”

    “what, you gonna repeat everything I say?”

    [...]

    “JERRY, it’s a LOCK…!”

  5. 5
    Posted by WorkplaceDistractions | November 11, 2010 at 10:55 PM

    I am sure it was a difficult pick between the younger $LULU and his mother’s $MFB.

  6. 6
    Posted by Anonymous | November 11, 2010 at 11:19 PM

    Since Lululemon is a Canadian company, doesn’t this count as anti-American?

  7. 7
    Posted by Lloyd_Christmas | November 12, 2010 at 12:08 AM

    Tim looks really hot in that picture. I’ll bet he works out a lot.

  8. 8
    Posted by Guest | November 12, 2010 at 1:02 AM

    Forget Lululemon if Timmy boy really wanted to hedge his daughter’s yoga purchases he should get a stake in http://www.girlsinyogapants.com

  9. 9
    Posted by Guest | November 12, 2010 at 1:38 PM

    That’s actually a rear quarterpanel view of Options_trader.

  10. 10
    Posted by Chuddy | November 12, 2010 at 1:41 PM

    Bess, is that your fine booty modeling those yoga pants?

    If so, hummina hummina hummina!!!

  11. 11
    Posted by Seaman Bodine | November 12, 2010 at 2:29 PM

    I heard its cause he’s an aspiring yogi and Lululemon ambassador, but that might just be the guys talking

  12. 12
    Posted by Shia Feva | November 12, 2010 at 4:55 PM

    Timmy, you gonna PROTECT THIS HOUSE in Lu-Lu?!

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    That ass is flatter than Shittigroup’s profits.

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