Tim Geithner “Needs A Break,” May Leave After Debt Deal

Bloomberg reports TG may soon be riding off into the (Larchmont) sunset.

Treasury Secretary Timothy F. Geithner has signaled to White House officials that he’s considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the national debt limit, according to three people familiar with the matter. Geithner hasn’t made a final decision and won’t do so until the debt ceiling issue has been resolved, according to one of the people. All spoke on condition of anonymity to discuss private discussions.


Geithner, 49, has told associates that he needs a break from government service after dealing with the turmoil that followed the collapse of Wall Street firms including Bear Stearns Cos. and Lehman Brothers Holdings Inc., first as president of the Federal Reserve Bank of New York and then as Obama’s treasury secretary. Family considerations also are playing a role in Geithner’s deliberations, according to the people. His son has decided to finish his final year of high school in New York.

This all feels so sudden that it’s difficult to process. Some initial thoughts/questions for us to work through together: In addition to family time, what should TG do with his newfound free time? Who should take over? ARE WE MONTHS AWAY FROM TREASURY SECRETARY DIMON?

Geithner Said To Leave Treasury After Debt Debate [Bloomberg]

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108 Responses to “Tim Geithner “Needs A Break,” May Leave After Debt Deal”

  1. guest says:

    This BS he was caught with a bunch of drunk hookers spending taxpayers money.
       –Elliot steamroller

  2. The Economy says:

    Is he going back to Goldman Sachs?

  3. Warren Christopher says:

    He is going back to Romulus, from the looks of the photo.

  4. InternParties says:

    You know who else needs a break?  You, Bess.


    -not the former You Know Who but a fan of his work

  5. WallStreetFatCat says:

    I’m sure Bernanke would love to work with Jamie Dimon…

  6. Guest says:

    So, he promises to leave if we raise the debt ceiling?  Deal!

  7. early hominid says:

    New head of the Foundation for Social Affairs and Woodland Folk

  8. early hominid says:

    Wait.  Son?  Tim’s had sex? 

  9. Obama hates the rich says:

    He’s going to start campaigning for Obama’s special tax on corporate jet owners. I’m so happy the US is becoming just like France. What’s next a wealth tax?

  10. Anal_ist says:

    I heard that it was because he got his ass kicked on the playground by the pudgy kid who always gets picked last in kickball.

  11. William says:

    Don’t leave us Timmy. You were our rudder on this ship of fools !
    Reconsider your motives for the sake of the country man.

    Guy who think life is a shakespearean  play.

  12. REMAX says:

    Better stay in the New York metro area

  13. Guest says:

    He’s leaving because the tax rate is looking to go up on rich people. You know how he loves paying those taxes, not. Bet he’s taking a gig in Geneva.

  14. Duke says:

    Santa needs his favorite elf back up at the North Pole-

  15. Mrs. Geithner says:

    He would like to get out of DC by the end of July. That way he can have a lot of play-dates set up for the month of August before he goes back to school.

  16. FixedInk says:

    That’s IT.  I’ve HAD it with this dump. We got no food, no jobs, OUR PETS’ HEADS ARE FALLING OFF!

  17. Obama says:

    Don’t ever leave me… ’cause I’d find you!

  18. S. Cowell says:

    If only this were like American Idol, where our votes could actually influence the outcome….

  19. Charles Gasparino, CFG says:

    My Magic 8 Ball confirms this rumor.

  20. Liesman says:

    Heard he’s going to Keebler

  21. ahahah says:

    How will we ever replace him?

  22. Anonymous says:

    I understand he’s going to a tech start-up…something about an on-line tax software that can handle self-employment payments from the IMF. I think DSK is the angel investor.

  23. Asianfood007 says:

    he would look great with a ball and chain in his mouth and whipping up something good making recipes from  Get in the Kitchen Bit@hes….  he’d be my

  24. HA HA HA ! says:

    His whole job,s a vacation he wouldn’t know what work is !

  25. Guest2 says:

    Which Bank or gf hedge fund extended him an offer? 

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