Tim Geithner

  • 18 Mar 2013 at 5:07 PM

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. Read more »

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 outcomes, and had no institutional memory or recent precedent to guide them.” No word on whether or not the above working title will make the final copy but surely we can expect this incident to be discussed at length. [WaPo, earlier]

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, the former Treasury Secretary may allow himself to be pulled back in. Sayeth CG: Read more »

  • 25 Jan 2013 at 4:10 PM

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. Read more »

  • 08 Jan 2013 at 4:32 PM

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 whet 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? Read more »

  • 03 Jan 2013 at 4:11 PM

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):

  • August 3, 2011: “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.”
  • August 5, 2011: “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 Geithner remain, said the official, who spoke on condition of anonymity because no announcement has been made.”
  • January 26, 2012: “Treasury Secretary Timothy F. Geithner, the last member of the Obama administration’s original economic team, said he doesn’t expect to remain in office if the president is re-elected. ‘He’s not going to ask me to stay on, I’m pretty confident,’ Geithner said in an interview with Bloomberg Television yesterday in Charlotte, North Carolina. ‘I’m confident he’ll be president. But I’m also confident he’s going to have the privilege of having another secretary of the Treasury.’”
  • October 2, 2012: “Mr. Geithner has made clear for more than a year that he plans to leave his post but has said he would remain until a successor is confirmed, should Mr. Obama win re-election.”

According to Bloomberg, Geithner is well-aware of the potential for getting sandbagged yet again, which is why he’s come up with a new, fool-proof approach: telling everyone he’s serious. Before there was room for flexibility but not this time. He’s really leaving. He means it. January 31, he’s out the door. Take this seriously because he’s really going. Throwing a Super Bowl party at the house this year and he’s not cancelling again. Read more »

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! Read more »