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 of the building and turning his office over to JD, the president must go about getting rid of Geithner carefully. Jazzy Jeff-style, while tempting, is not going to cut it. Firing Geithner requires a gentler touch, and a glowing letter of recommendation.
"The president must support his secretary and at the same time figure a way to ease him out of his position," the analyst explained. "So what is the solution? Clearly Mr. Geithner must, at some point in the next few months, be moved to a very prestigious position outside the Treasury."
Unfortunately, the CEO slot at Bank of America is unavailable. So what then? Blankfein's fluffer? That's certainly prestigious though I doubt he'll get the gig. Dancer at Beamers Cafe, Stamford's premiere leisure and entertainment facility? He'll apparently need to bring a valid passport or state identification to his audition but it doesn't say anything about needing to have your taxes in order, so that's a possibility. Stan O'Neal's caddy? Shepherd? Throw some ideas out there, he needs options.
*After the object of her fatal attraction, Ken Lewis.