Tim Geithner

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]

Since becoming Treasury Secretary, Tim Geithner has taken a whole lot of shit, from both the outside world and internally at work. 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. Basically, his tenure in Washington has become one long blow of the sad trombone. TG has taken most of it in stride but guess what, people? The jabs? They add up. And today’s, courtesy of Bloomberg BusinessWeek, just might be the one that pushes him over the edge and by over the edge, we mean into a plastic surgeon’s office. Read more »

  • 10 Dec 2010 at 2:05 PM

Tim Geithner’s Got Kidney Stones!

TG was admitted the hospital today where he will have “minor surgery” to deal with the problem. Read more »

  • 16 Nov 2010 at 12:26 PM

Tim Geithner: Tax-Cut Deal Isn’t “Rocket Science”

Especially if no one pays any taxes, period. See? Simple. Read more »

Plus, a panda doing the Macarena. Read more »

lululemon-pants.jpgGovernment officials often avoid conflicts between professional obligations and personal finances by divesting company stocks from their portfolios. So it comes as a surprise that, along with the standard mutual funds, Treasury Secretary Timothy Geithner owns a small amount of stock in yoga clothing retailer Lululemon…Turns out, he purchased less than $1,000 worth of shares a few years ago to teach his two children about the stock market, press aide Steve Adamske says. Geithner picked the company partly because of his now college-age daughter’s interest in yoga—and as a hedge against her frequent Lululemon purchases, Adamske says. Additionally, Geithner owns $1,000 to $15,000 worth of IBM (IBM) stock, which he inherited. [BusinessWeek]