At the end of June, Tim Geithner said that he was considering leaving his post at the Treasury after the debt deal past, telling friends that he’s tired, needs a break, and wants to put family first (his wife and son are living in Westchester again so that young Geithner can finish high school there). TG’s work pals were a bit too busy to say anything at the time, but now that the whole debt situation is behind us, they’ve begun to let him know he’s not going anywhere.

Obama, for one, doesn’t want to lose his office buddy, while White House Chief of Staff Bill Daley doesn’t want to deal with a confirmation battle that would take place should Geithner need to be replaced, which is why he “jokingly” tells Tim to fuck off and gestures towards his crotch when the topic of resignation comes up.

Mr. Obama and his chief of staff, William M. Daley, have been urging Mr. Geithner to stay, administration officials say, not only for continuity when the economy has weakened and to avoid an all-but-certain confirmation fight in the Senate over a successor, but also because Mr. Obama has developed a close rapport with Mr. Geithner…Especially in recent weeks, the issue has become a running joke, officials say: Mr. Geithner and Mr. Daley tease about the ankle bracelet that the White House makes him wear, or Mr. Geithner asks if Mr. Daley has yet read his resignation letter, to which Mr. Daley answers in unprintable language.

“Haha you can blow me if you think you’re going anywhere! Haha don’t make us throw you down the hole again and lower lotion to you all weekend! Haha, have you seen Soul Surfer?….You make one move for that door and that’s going to happen to you the next time you put on a wetsuit, haha!” But seriously, get comfortable.

Pressured By White House, Treasury Secretary Is Expected To Stay [NYT]

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Comments (57)

  1. Posted by zbo | August 4, 2011 at 9:26 AM

    Public high school? Ouch.

  2. Posted by Alt_EST | August 4, 2011 at 9:40 AM

    I walked into the Oval Office, all the lights were off save a couple of candles placed around the room. I'm pretty sure Ani DeFranco was playng, but it could have been k.d. Lang.

    The President said, "Tim, if you ever, ever leave me, I swear I'll kill myself."

    He showed me the knife. I looked in this eyes, now filling with tears, and I could tell he was not in any way joking. It was at that moment I knew, I was completely screwed.

    "I'll never find anyone as amazing as you. You're so…international and cultured, not to mention athletic. Come…sit with me"

    I turned to run, but damn that confusing room, I couldn't find the door again and of course the Secret Service guy wasn't helping matters. My shoulders slumped a little and I trudged back towards the President's desk. Maybe he was right, if we just adopt, things will calm down a little.

  3. Posted by VonSloneker | August 4, 2011 at 9:56 AM

    Bill Daley: Tim, Tim, Tim…Don't you know we need to keep you around so that BarryO can fire you to show that he is serious about fixing the economy as we approach the election? Think of youself as our Paul O'Neil, but without the speech impediment…and with Frodo Bagginsish personal appeal.

  4. Posted by Rep. Boner (R. OH) | August 4, 2011 at 10:14 AM

    oh man, it moved. now beating it in the second stall.

  5. Posted by Don Obama | August 4, 2011 at 10:56 AM

    Tim, what do you want from me? Do you expect me to let you go? Do you expect me to let you take my Treasury from me? Don't you know me? Don't you know that that's an impossibility — that that could never happen. That I would use all my power to keep something like that from happening — don't you know that? Tim – in time – you'll fell differently — you'll be glad I stopped you now.

  6. Posted by Warden Obama | August 4, 2011 at 11:06 AM

    Geithner: I'm done. Everything stops. Get someone else to run your scams.
    Obama: Nothing stops. Nothing… or you will do the hardest time there is. No more protection from the Justice Department. I'll pull you out of that Paulson-appointed office and cast you down with the Congressmen. You'll think you've been investigated by Maxine Waters! And the stimulus package? TARP? Gone…wasted. We'll have us a little dollar barbecue in the South Lawn. They'll see the flames for miles. We'll dance around it like wild Injuns! You understand me? Catching my drift?… Or am I being obtuse?

  7. Posted by Stefon | August 4, 2011 at 11:10 AM

    Barack Obama does not care about white people.

  8. Posted by Bronx Tale | August 4, 2011 at 11:17 AM

    Okay, now you's can't leave.

  9. Posted by H&R^3 | August 4, 2011 at 12:21 PM

    All Obama has to point out is TG will have to do his own taxes again. Tim will never leave, just watch.

  10. Posted by Anon | August 4, 2011 at 12:55 PM

    Tim Geithner Fan Faction.

  11. Posted by Anal_ist | August 4, 2011 at 2:18 PM

    So you are saying that he is self-loathing? That guy is whiter than Carlton Banks.

  12. Posted by Name | August 4, 2011 at 3:38 PM

    White people love Wayne Brady because he makes Bryant Gumbel look like Malcolm X.

  13. Posted by JBL | August 4, 2011 at 4:25 PM

    Dude(s), take F** James Macintosh OFFF the FT video thing. He may actually have some decent insights..but jesus … can't handle his personality. PUT IT IN PRINT with those people .,.. otherwise, I swear, I'm going to get my business nes dro News OF TH… ah, sorrry, everybody sucks …just caught that

  14. Posted by Guest | August 4, 2011 at 5:26 PM

    "Millionaires & Billionaires in their corporate jets have to pay their fair share" [to me]
    Instructions on 50th Bday invites to Chicago gathering!

  15. Posted by NattyLax | August 4, 2011 at 6:31 PM

    Jayme Diamond will be the next Treasury Admin

    -Head of Rates, UBS

  16. Posted by The Guest | August 4, 2011 at 6:35 PM

    Quitting a job in this economy? Democrats are a different sort of people.

  17. Posted by SweetLou | August 4, 2011 at 7:49 PM

    That was hilarious! I needed a moment of levity after today's economic news.
    Well played sir…well played…

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