Tim Geithner

  • 24 Jun 2011 at 3:03 PM

Geithner: Softness Only Temporary

“Around two-thirds of recent softness in the U.S. economy can be attributed to temporary factors such as higher energy costs and Japan’s earthquake,” Treasury Secretary Timothy Geithner told CNBC on Friday. “Most people say you can attribute about two thirds of the slow down relative to expectations to those factors. Not all of it,” he said. [CNBC]

  • 21 Jun 2011 at 4:42 PM

Tim Geithner Not Stressed About Potential Default

Everybody be cool. Read more »

Alongside other “fictitious graduates” like Meredith Grey of Grey’s Anatomy, Mad Men‘s Pete Campbell, Michael Corleone and Count Chocula. Read more »

Thanks to “extraordinary measures” and “tax receipts.” Read more »

Over the weekend, “a man named Tim” made a reservation for a surf lesson at Open Ocean Surf Lessons in Half Moon Bay, for himself and his daughter. When six people showed up, instructor David Alexander thought nothing of it, figuring the other guys were “just business associates.” When he suggested the suits, who were not taking part, wait in a near by restaurant, he was told, “No, I gotta watch.” Alexander again thought nothing of it, until Geithner’s daughter cued him into the fact that a) those guys were Secret Service and b) who dad was. “Who knows, he probably just unloads all the economy in the water,” Dave told a reporter. “You know that’s a lot of unloading….oh my god, you’d need at least a few sessions for that.” Read more »

  • 08 Apr 2011 at 2:55 PM

Jamie Dimon: 1, Tim Geithner: 0

When one is the chief executive of a bank or otherwise important person whose skills are in high demand, he or she needs to be available to pick up and move out of state at a moment’s notice, whether or not the the house is sold or the water is still running. This hasn’t posed a problem in time’s past, what with the most magnificent housing bubble the world had ever seen, but with the market having its teeth kicked in and left naked and bound in an alleyway with the words “Big Al” was here written in Sharpie across its chest, thing have been slightly more difficult of late. Tim Geithner, for instance, hasn’t been able to sell his Westchester house since taking the job of Treausury Secretary, despite cutting the price and retiling the bathroom, ultimately being forced to rent it out by the hour. Jamie Dimon too went through a similar problem unloading his Chicago home (where he lived as CEO of Bank One and held on to til his daughters graduated high school), despite fantastic art gracing the walls. Luckily for JD, the long wait is over. He reportedly sold his manse for $6.8 million (after having bought it for $4.7 million) and JPMorgan apparently picked up the relator tab. Read more »

Now would be a good time to start counting those coins. Read more »