Tim Geithner

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    Tim Geithner’s New Image: Just One Of The Girls

    As you’ve probably noticed, Tim Geithner’s had a pretty tough go of it lately. People are pissed at him about the bailouts, no one will get off him about AIG, many feel he “coddles” Wall Street and rarely a day goes by that the Treasury Secretary’s ousting is not called for, and not just by […]

    / Feb 22, 2010 at 10:30 AM
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    Darrell Issa Is Not Finished With Tim Geithner

    Timmy G’s tormentor-in-chief Rep. Darrell Issa will get to the bottom of that whole AIG saga, believe you me. Issa sent yet another letter to Bernanke yesterday, asking him to turn over all Fed documents related to the AIG bailout and its credit-default counterparties. Apparently those 250,000 pages they already turned in don’t reveal anything […]

    / Feb 18, 2010 at 5:00 PM
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    What Should Tim Geithner Do With His Day Off?

    This came in handy, as he was thinking of calling out anyway due to the Super Bowl hangover.

    / Feb 8, 2010 at 10:47 AM
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    Tim Geithner Interested In Taxing The Hell Out Of Hedge Funds

    Hug-lover Timmy G., testifying today (does the guy’s job entails something else than testifying at hearings?) before the Senate Budget Committee, proposed to enact a “carried interest” tax for hedge funds and PE managers – a move that could double some funds’ taxes.

    / Feb 4, 2010 at 2:44 PM
  • News

    The Banality Of Tim Geithner

    The following post is by InfiniteGuest, a regular reader and frequent commenter. Ask a friend, “What do you think of Ben Bernanke,” and you get a substantive response, making comparisons to Greenspan, speaking more generally about Central Banks, the Great Depression, society at large, widening and continuing the discussion. “What do you think of Barack […]

    / Feb 4, 2010 at 1:56 PM
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    Sheila Bair Not Yet Sure How She Feels About Obama Proposals

    SheBair is oddly pulling a Geithner, flip flopping around the prop trading ban proposal. Just like her nemesis, she’s adopting a “yeah, it’s a great idea but I don’t know” attitude toward Obama’s proposal. At Wednesday’s AIG hearing, Congressman McHenry asked Timmy G. how he could back the Volcker Rule while having said that he […]

    / Jan 29, 2010 at 2:09 PM
  • News

    Live-Blogging The Geithner Grilling

    9:55 5 minutes to show time. While we wait: (I have it on good authority that Geithner and Paulson have rehearsed the above moves and will be performing them in lieu of opening remarks. Or they’ll just sit there and recuse themselves while turning red. It’ll be one of these two things. Hoping against hope…) […]

    / Jan 27, 2010 at 9:55 AM
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    Neil Barofksy Will Cut A Bitch

    Literally. …an attitude honed during eight years of fighting white-collar criminals and Colombian drug lords as an assistant United States attorney — he still has the knife from a foiled attempt on his life in a field outside Bogota — are propelling Mr. Barofsky over barriers that have slowed the others. SIGTARP’s Neil Barofsky Is […]

    / Jan 26, 2010 at 11:43 AM
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    AIG More Threatening Than Bomber’s Balls

    Testicle bombers can apparently board planes freely despite being on terrorist watchlists and after having been reported to the CIA, but dammit, AIG emails will get a national security status.

    / Jan 25, 2010 at 3:53 PM
  • News

    Geithner And Bernanke: Bros Before Hos

    Brothers in arms Timmy G. and Ben B. will stand for each other ’til the end. In an interview with Politico, Timmy boy warned that the financial markets would react negatively, Armageddon will come and there will be locust showers if Ben isn’t confirmed. So there you go. He warned you. In the meantime, there’s […]

    / Jan 25, 2010 at 11:17 AM
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    Tim Geithner Had Some Chats About The AIG Bailout He Wasn’t Involved In

    Timmy G, who, as we know is getting really frustrated with the whole AIG bailout storyline, apparently had a nice convo with Warren Buffett, Jamie D. and Lloyd on the day AIG was bailed out, at least according to phone logs submitted by the Fed in response to a subpoena last week from the House […]

    / Jan 22, 2010 at 4:58 PM
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    What Did Tim Geithner Think Of The Obama Bank Plan?

    Sources tell us that Timmy is “not enthused” with the proposals, and getting “increasingly frustrated and overwhelmed.” But let’s actually put some words in the Treasury Secretary’s mouth. Paul Krugman will start: Various news reports that Tim Geithner is privately opposed to the new Obama bank plan — which isn’t that much of a surprise, […]

    / Jan 22, 2010 at 1:45 PM
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    NYFed Defends “Accuracy” Of AIG Deal

    The Fed is funny. Not Bernanke-funny but getting there. That whole controversy about them pushing AIG not to disclose some information, especially regarding its counterparties and how much money they got? Well, it wasn’t that they refused to make the appropriate disclosures, but rather that they were trying to be accurate, hence edited some data. […]

    / Jan 20, 2010 at 2:45 PM
  • News

    Tim Geithner Knows No One’s Really Mad At Him

    A few days back, there was some suggestion that while he was running the New York Fed, Tim Geithner and his staff maybe instructed AIG to keep its payments to banks hush-hush, as backed up by emails containing memos saying as much. Timbo’s former employer said TG had nothing to do with it, but some […]

    / Jan 14, 2010 at 5:36 PM
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    Tim Geithner, You Have Ten Months To Find A New Job

    So sayeth noted prognosticator John Carney.

    / Jan 8, 2010 at 4:20 PM
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    Tim Geithner Didn’t Try To Cover Up AIG Payouts, Says Tim Geithner’s Employer

    Remember that story yesterday, about how then NY Fed Chair Tim Geithner and his staff maybe instructed AIG to keep its payments to banks hush-hush, as backed up by emails? Never happened, says New York Fed’s general counsel. He has no idea what any of you are talking about. In fact, he’s never even heard […]

    / Jan 8, 2010 at 3:49 PM
  • News

    This Recovery Sucks

    God bless us, every one!How are we ever going to continue tricking the Chinese into buying our bonds if we can’t properly fudge our economic data or keep a certain lame-duck Treasury Secretary from exposing the lie? So personal incomes rose 0.4% last month. Great. As with all recent economic indicators, that bit of good […]

    / Dec 23, 2009 at 10:44 AM
  • News

    The Origins Of Tim Geithner’s Orange

    Tim Geithner is testifying before the the Congressional Oversight Panel this morning, and he’s doing so with a look that would be best described as Angelo Mozilo-lite. We need to know more. I leave it to you: Online Surveys & Market Research

    / Dec 10, 2009 at 10:55 AM
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    Tim Geithner’s Foot To Be Removed From Vikram Pandit’s Ass Sometime In The Very Near Future?

    Maria Bartiromo says yes! Vickles has apparently postponed his trip to Disney World, so you know this is legit. Citigroup plans to pay back some of the $45 billion in TARP money it received last year by raising capital through a stock offering of as much as $20 billion, CNBC has learned. CEO Vikram Pandit […]

    / Dec 9, 2009 at 4:07 PM
  • News

    Tim Geithner Would Like To Like To Remind Wall Street’s Banks Of A Little Something, But Particularly Goldman Sachs

    And that something is simply this: YOU COULD’VE DIED LAST YEAR, AND YOU WOULD’VE IF IT WEREN’T FOR TG. He could’ve left you to die in fire, or on the side of the road, like dogs. The only reason you’re here today is because he’s a mensch. Got it? Got it real good? Now commit […]

    / Dec 4, 2009 at 3:57 PM
  • News

    The End Is Nigh For TARP

    Well, maybe not all that nigh. But when Lil’ Tim climbs high atop the Treasury Dept. building and stands on his tippy-toes, he can almost see something that somewhat resembles the end of the $700 billion government bailout program. “We are close to the point where we can wind down this program and stop making […]

    / Dec 2, 2009 at 2:06 PM
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    What Should Tim Geithner’s Next Job Be?

    It’s not clear that he’s going anywhere any time soon though Dick Bové has already stamped her seal of approval on Jamie Dimon’s nomination for the Treasury Secretary’s replacement. But, the analyst cautioned, while JD is hands down the best man for the job,* and Obama wouldn’t be out of line simply locking TG out […]

    / Nov 25, 2009 at 11:46 AM
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    When And How Will Tim Geithner Leave Office?

    The Post reported today that Jamie Dimon’s name has continued to come up in Washington as a possible replacement for Tim Geithner. This isn’t very shocking, as Jamie Dimon was considered a candidate for the job before TG was nominated, and consistently over the course of the year. Plus, he’s Obama’s favorite banker and so […]

    / Nov 23, 2009 at 1:29 PM
  • News

    Tim Geithner Will Not Be Showing Himself Out

    If he gets asked to leave, fine, great even. It’s not even really a secret at this point that he wants to go (why do you think he stopped trying to sell his house?). But if anyone here thinks that they can bully him into leaving cause he’s some sort of push over, think again! […]

    / Nov 19, 2009 at 11:30 AM
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    Does This Even Qualify As A Negotiation?

    Timothy Geithner honed his spinelessness chops long before he got to the Treasury Dept., according to a new report. Well, not that long before. It came a year ago, when Timmy headed the New York Fed and gave AIG’s counterparties a $25 billion bailout. So says a report from the special inspector general for the […]

    / Nov 17, 2009 at 11:10 AM
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    Tim Geithner Is Kinda Worried About The Deficit

    The federal deficit has ballooned by more than $1 trillion dollars this year. This does not make Tim Geithner very happy, but it also doesn’t worry him much, because spending more than we make is at best his third most-pressing priority. And don’t even get him started on taxes, because the tax-evader-in-chief is loathe to […]

    / Nov 2, 2009 at 10:01 AM
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    CIT Bankruptcy Shows Who’s Boss

    Score this one as a loss for the TARP Program: CIT Group, the ancient commercial lender bailed out late last year by the federal government and earlier this year by a group of hedge funds, has gone into bankruptcy protection. CIT filed for bankruptcy yesterday. That’s great news for its creditors–including those hedge funds and […]

    / Nov 2, 2009 at 7:02 AM

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