Tim Geithner

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

According to the Treasury Secretary, “There will be another storm…but it’s not going to come for a while.” In fact, in order to calm any fears you might have, TG has come up with a whole bunch of stuff that will happen before the next then including but not limited to: 1) the Geithners will finally sell their house 2) the Treasury will unwind its positions in GM and AIG at a profit 3) Tim will emerge victorious from his rematch with those Chinese school children. [TDB]

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

Ever since he was named Treasury Secretary, Tim Geithner has suffered from a lack of respect, both from the outside world and internally. His boss makes “jokes” in public about dogs pissing on him, chief executives openly speak of his uselessness and hardly a day goes by without a story claiming he’s getting fired and replaced by (take your pick) Jamie Dimon, Mike Bloomberg, or Jojo the idiot circus boy. When people needed someone to mock for a cheap laugh, TG was their guy. Well no more. Hopefully you got your fill of Geithner jokes in already because Bloomberg says the window of opportunity has closed, in an article entitled “Geithner Butt of Jokes No More.” Read more »

“The core of the American financial system is in a much stronger position than it was before the crisis,” Geithner said today during a Bloomberg Breakfast with reporters in Washington. “We can say with much more confidence now that the U.S. banking system and the U.S. capital market are much more likely to be in a position to finance the capital needs that come with a recovery,” Geithner said. [Bloomberg]