Tim Geithner

  • 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]

  • 04 Nov 2010 at 12:34 PM

Tim Geithner Talks Shop With Economic Guru

“In the midst of debates on financial regulation and China’s currency in April,” Bloomberg reports today, “Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy– with comedian Jon Stewart.” 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, people refuse to believe he didn’t work at Goldman Sachs 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. Today brings yet another blow, this time from the IT department at the World Bank, which appears to be sending a subtle hint. Read more »

From a friend of DB:

“Bess– [Redacted] was seated next to me at [Manhattan restaurant] last night.  I figured given the shitstorm Wall Street’s been through the last couple years he’d keep shop talk to a minimum. But, he didn’t hold back; I wasn’t making an effort to eavesdrop, but he’s not exactly the softest speaking gent in town and the tables are way too damn close. Anyway, his four main points I picked up:

Read more »

Earlier today on CNBC, Home Depot co-founder Bernie Marcus pitched a new TV series. “Take Timothy Geithner and put him in a new reality show,” Marcus told Squawk Box. “It’s called ‘Timothy Geithner Does Small Business’, something like ‘Debbie Does Dallas’, and it ends up the same way,” he said. ”Basically, what they [the government] is doing to small business is very similar in this case [to what ‘Debbie’ did to Dallas.]” Read more »