Tim Geithner

  • Tim Geithner

    News

    Is Tim Geithner Having The Best Week Ever?

    Judging by this photo taken of him yesterday on his way to testify in the AIG case, we’re going to go with yes. But what specifically was the cause of that 5 mile long grin? Was it:

    / Oct 7, 2014 at 12:42 PM
  • News

    People Are Not Paying Enough Attention To Larry Summers

    So the big guy will do what it takes to make people pay attention to him. Even if that means contradicting himself by calling into question (a) policies he presumably had a hand in crafting back when he was telling President Obama and his old buddy Lil’ Tim Geithner how to run the economy and […]

    / Oct 1, 2014 at 12:41 PM
  • News

    Tim Geithner Was Risk Averse Before He Was Treasury Secretary

    This and other conclusions were reached by a not-so-top-secret report commissioned by his successor at the New York Fed. Other conclusions: the regulator could stand to start speaking up, having useful ideas, not being afraid of Goldman Sachs.

    / Sep 30, 2014 at 10:00 AM
  • News

    S&P Can Read Tim Geithner’s Super-Secret Diary

    So that’s nice for them.

    / Sep 26, 2014 at 3:57 PM
  • people who could've sworn Tim Geithner was a Brooklyn Jew

    News

    Biographical Details Aside, Tim Geithner Okay In Barbra Streisand’s Book

    At a state dinner in 2011, Barbra Streisand told him he must be alright because he was a Brooklyn Jew. It was “kind of her,” he writes, “except that I’m not Jewish and I’ve never lived in Brooklyn.” [The Economist]

    / May 21, 2014 at 10:30 AM
  • timgeithner

    News

    Tim Geithner Man Enough To “Round Down”

    On a Saturday in late April, I called Geithner for the last time to talk about the Volcker Rule and a few personal facts. (“I’m almost 5-9, just below 5-9. 5-8-and-¾, something like that. You can round down, you can say 5-8. I’m relatively secure in my height.”) [NYT Magazine]

    / May 8, 2014 at 3:33 PM
  • Tim_Geithner_336

    News

    Tim Geithner Chose Warburg Pincus So You People Might Let Him Work In Peace For Once In His Life

    A person familiar with his thinking said among the reasons was that Geithner specifically did not want to work for a company that he either directly or indirectly regulated at the Treasury or the Fed. He is said to have been concerned with worsening the perception of mistrust that many Americans feel toward government and […]

    / Nov 18, 2013 at 5:04 PM
  • Tim.Geithner-02

    News

    Tim Geithner Wondering If This Thing Is On

    For the last number of years, even as he was still working at Treasury Secretary, Timothy Geithner made no bones about the fact that for him, working in Washington was like a prison sentence with no hope of parole. Time and time again he asked to bet set free and time and time again he […]

    / Sep 16, 2013 at 4:34 PM
  • geithnerworkingtitle

    News

    Tim Geithner Very Sadly Not Titling Memoir “On Timothy Geithner,” By Timothy Geithner

    He’s also ruled out War And Pissed Off, No, Go Fuck YOURself, John Mack, Once I Think I’m Out…Tim Geithner’s Treasury Department, My Own Personal Guantanamo Bay, and Fucking Lettuce, much to our dismay.

    / Aug 26, 2013 at 2:25 PM
  • timgeithner

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    Tim Geithner Cannot Catch A Break: Indignities Of The Department Of Motor Vehicles Edition

    You would think that after busting his ass for four miserable years, getting (figuratively, that we know of) pissed on by his boss, fucked with by Joe Biden, shat on by heads of public companies, and bitched out by John Mack, that things could go his way, just once. That after having surgery to remove […]

    / Aug 2, 2013 at 3:28 PM
  • charliegasparinofbn

    News

    Charlie Gasparino Confident In Tim Geithner’s Ability To Run The Fed

    “There is a lot of talk about who might be the next Fed chairman. Larry Fink is saying it could be Timothy Geithner. He’s not a bad choice, he ran the Treasury Department and BlackRock is very close to the Treasury Department. Fink is telling friends on the street not to rule out Geithner.” [FBN]

    / Jun 18, 2013 at 4:05 PM
  • News

    The New York Times Holding A Candle For The Triumphant Return Of Tim Geithner

    With just nine months to go in the Beard Era, the time has come for the press to start casting about for a successor. There’s the obvious one: Janet Yellen, Fed vice chairwoman, who has friends and foes, according to the Gray Lady. Apparently, though, she may be a little too worried about getting people […]

    / Apr 25, 2013 at 5:09 PM
  • timgeithner6

    News

    If You’re Looking For A Drinking Buddy, Look No Further Than Tim Geithner, Says Former Japanese Prime Minister

    The ex-Treasury Secretary apparently likes to party and has time on his hands.

    / Apr 5, 2013 at 11:45 AM
  • tim_geithner

    News

    Charlie Gasparino: Larry Fink Wants A Piece Of Tim Geithner

    According to CG, there’s a desk at BlackRock waiting for the former Treasury Secretary when he’s ready.

    / Mar 27, 2013 at 4:27 PM
  • timgeithnerbethesdahouse

    News

    Someone Please (Please?!) Buy Tim Geithner’s House

    Curbed reports the former treasury secretary has listed his 2,537 square foot Bethesda home, purchased when he took the Washington gig, for $995,000.

    / Mar 18, 2013 at 5:07 PM
  • timgeithner4

    News

    No, Go F*ck YOURself, John Mack, By Tim Geithner, Coming To A Bookstore Near You!

    After saying as recently as 6 months ago that he wasn’t a book writing kind of guy, the former Treasury Secretary, as predicted, has agreed to a deal with Crown Publishing to “chronicle how decisions were made during the most harrowing moments of the crisis, when policy makers faced a fog of uncertainty, risked catastrophic […]

    / Mar 14, 2013 at 3:13 PM
  • timothygeithner

    News

    Charlie Gasparino: Don’t Count Tim Geithner Out For Fed Chair

    Tim Geithner basically spent the last four years trying and failing, numerous times, to leave Washington, i.e. his own personal torture chamber, but according to Chaz Gasparino, TG may allow himself to be pulled back in.

    / Feb 13, 2013 at 5:33 PM
  • timgeithner5

    News

    Tim Geithner Went Into This Treasury Secretary Gig Fully Aware It’d Be The Worst Four Years Of His Life

    A lifelong practitioner of the art of defusing financial crises, he has spent his career hopping from one fiasco to the next—in Mexico, Asia, twice in Brazil—for the Treasury and the IMF. Which is why some argue that he should have seen one coming in the mid-aughts, when he took charge as president of the […]

    / Jan 28, 2013 at 4:21 PM
  • timgeithnertweaking

    News

    Tim Geithner Will Not Replace The Beard

    You won’t have Tim Geithner to kick around any more. The little guy and now-former U.S. Treasury Secretary won’t be pursuing a D.C. sequel.

    / Jan 25, 2013 at 4:10 PM
  • timgeithner4

    News

    Let’s Help Tim Geithner Name His Book

    As you may have heard, Obama is apparently close to nominating Jack Lew for Treasury Secretary, giving Tim Geithner his late Christmas wish: a one-way ticket outta there. And while he’s previously said to have no interest in writing about his time in Washington (and at the NY Fed before that), friends o’ TG claim that his plan for the next year or so involve “a round of ‘detox’ and writing a book.” Obviously we’re still very far off from anything concrete but publishers will undoubtedly be banging down his door in no time and when they do, it might be nice to at least have a title to wet their palates. While Geithner packs his bags, let’s do him a solid and come up with some options. The year spent sunning himself off the coast of Ko Samui (or puttering around Larchmont, or taking a job with the least amount of responsibility possible, whatever the detox entails) will presumably do wonders to take the edge of the last 48 months but if he’s still in an angsty phase by the time he sits down to bang out his story, perhaps one of the following would work?

    / Jan 8, 2013 at 4:32 PM
  • timgeithner3

    News

    Now You Listen Here: Tim Geithner’s Bags Are Packed

    Earlier today, it was reported that Timothy P. Geithner has informed people that he “plans to leave the administration by the end of January, even if President Barack Obama and congressional Republicans haven’t reached an agreement to raise the debt ceiling.” Will this actually happen? Those unfamiliar with the Treasury Secretary’s attempts to leave his post in the past will say yes. He’s leaving, ship-shape. Those who’ve watched TPG try and fail to bust out of Washington for the last nineteen months, however, know better. More than likely, he’s not going anywhere and it’s not because deep down inside he doesn’t actually want to go home but because his bosses won’t let him. Witness, if you will, a small sampling of examples in which his requests have been denied, either directly (via someone laughing in his face) or indirectly (by giving those who’ve applied to replace him the wrong directions to their interview):

    / Jan 3, 2013 at 4:11 PM
  • Tim-Geithner1

    News

    Tim Geithner Is Not Leaving This Fiscal Cliff Deal To Chance

    Yes, he said that he’ll stay ’til this thing gets done but FYI, he’s already booked a one-way ticket out of this dump and it’s nonrefundable, so if you think he’s gonna just stand by while you people fumble around and fuck everything up, thereby prolonging his stay in this asylum one day longer, think again!

    / Nov 26, 2012 at 8:46 PM
  • timgeithner

    News

    Tim Geithner May Not Want To Pack His Bags Just Yet

    President Barack Obama, newly re- elected, now confronts two questions that he has been avoiding for more than a year: Who will replace Treasury Secretary Tim Geithner and when…The timing of Geithner’s replacement depends on whether the White House can reach an agreement with the lame duck Congress on a deficit reduction plan to avoid […]

    / Nov 7, 2012 at 2:37 PM
  • geithner

    News

    Bloomberg Worried About Tim Geithner’s Ability To Put Food On The Table

    As you may have heard, because you’ve read the reports reports or picked up on the Morse code message he’s blinked out during every appearance on CNBC or he threw himself on the hood of your car and screamed “Get me outta here” the last time you drove up to the Treasury building, Tim Geithner is ready to leave Washington. Has been for some time, in fact, but previous requests to go home were all denied. Now that his bosses are supposedly going to allow him to leave in the event Obama is reelected, many are wondering what will be next for TG. Despite having spent the majority of his career in public service and giving the impression that he has no desire to work for Wall Street, Bloomberg is thinking that with the albatross that his his unsellable Larchmont house around his neck, a family, and college tuition to pay, Geithner may not have a choice.

    The years in public service — particularly engaging in diplomacy with domestic and foreign partners — left a deep impression on Geithner, infusing him with a sense of purpose that he might find lacking on Wall Street…Yet the years in civil servitude have also left Geithner in need of a better salary. Geithner is one of the least wealthy men to head the Treasury Department in recent years. He took more than a 50 percent pay cut to assume the job. His $199,700 salary is higher than the $174,000 earned by most members of Congress. His pay has been increased by $8,400 in three years, yet his net worth pales next to such predecessors as Hank Paulson and Bob Rubin. With two mortgages and two college-age children, the lure of private-sector money could be hard to resist. BlackRock’s Fink, for instance, received $23.8 million in salary and stock in 2011, making him No. 1 in the Finance 50, Bloomberg Markets’ annual ranking of the best-paid CEOs at the largest U.S. financial companies.

    Other ideas Bloomberg has for ways Geithner can make ends meet that he’s already said no to include writing a memoir. He “publicly ruled out” doing so in September, but they’re pretty sure he’ll reconsider after the guy he hired to patch up his roof tells him the whole thing needs to be replaced.

    What’s Next For Tim Geithner [Bloomberg]
    Related: Tim Geithner To Finally Be Set Free?
    Also Related: Robert Shiller, Westchester-Area Realtor Rub Tim Geithner’s Nose In It

    / Nov 6, 2012 at 1:02 PM
  • larrysummers

    News

    Larry Summers Supposedly Too Rough Around The Edges To Be Named Fed Chairman

    Who should replace Ben S. Bernanke as Chairman of the Federal Reserve when his term ends in January 2014? If anyone cared to ask us, we’d say no one: we like our Fed Chairman soft-spoken, bearded, and just as comfortable in dad jeans as they are in their bespoke Jos. A. Bank suits. But nobody asked and, according to Andrew Ross Sorkin, Bernanke has told “close friends” that regardless of whether or not Obama wins a second term, he’s ready to move on. Apparently qualified successors are few and far between and while Larry Summers is said to be “at the top of the list,” the fact that Treasury Secretary Tim Geithner may finally be granted freedom from his own personal Guantanamo Bay and will also necessitate a replacement who will have to work closely with the new Fed Chair poses some staffing issues, on account of the perception that Summers is somewhat difficult to work with.

    …[Summers is] a serious economist who knows his numbers and has a worldview that is similar to the president’s. He would be expected to continue the loose money policy of Mr. Bernanke. But one of the knocks against Mr. Summers is that he has a reputation for not playing well with others. He has had his own run-ins with the president. And if you consider the Treasury secretary and Federal Reserve chairman as a tag team, you would have to be confident that whomever you pick for Treasury secretary would get along well with Mr. Summers.

    So he called some former students assholes. So he’ll cut a bitch for getting between him and his steady stream of Diet Coke. So he chooses to sleep through co-workers’ particularly boring presentations. So he makes female colleagues feel like “pieces of meat.” So he shoots people unequivocal death stares that say, “I could have you killed and no one would find out” for the mere suggestion he might want to consider wearing socks. Is all that to say he’s not an otherwise affable guy who’d make a fine workmate and prized addition to an office softball team?

    Casting Dual Roles At Treasury And The Fed [Dealbook]

    / Oct 23, 2012 at 1:27 PM
  • News

    Make Him An Offer

    [EamonJavers, earlier]

    / Oct 1, 2012 at 5:57 PM
  • News

    Tim Geithner To Finally Be Set Free?

    “President Barack Obama’s senior advisers are confident Treasury Secretary Timothy F. Geithner will remain in his job even though he hasn’t made his intentions public, an administration official said. Geithner met recently with Vice President Joe Biden and laid out his reasons for wanting to leave the post. Biden outlined why it was vital that […]

    / Oct 1, 2012 at 4:34 PM
  • New rule: every financial regulator, bank CEO, whatever, when they're sworn in, they have to pose for two pictures, one doing "thiiiis small" and the other doing "the fish was thiiiiiis big."

    News

    Tim Geithner Dealt With Libor Manipulation By Writing Strongly Worded Letters And Then Lending Billions Of Dollars At Libor-Based Rates

    Tim Geithner had a nice chat with Congress about Libor in a theoretically unrelated hearing today, and since Congressional hearings are mostly about restating everyone’s pre-existing prejudices I figured I’d lay out my Libor hobbyhorses: Nobody really has ever been all that troubled by the fact that banks manipulated Libor to make themselves look like […]

    / Jul 25, 2012 at 4:55 PM

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