What did Geithner say

Maybe this was the week where it all had to break down. Not just the health care bill — or the campaign-finance system — or the ability to actually move anything in Congress. It’s a sharp turn to populist, and that could be bad news for Ben Bernanke and Tim Geithner…

News Media

The Question Geithner Can’t Escape: Why Pay Off AIG’s Partners– – The Washington Independent
But senior officials, including Treasury Secretary Timothy Geithner, have so far evaded a key question: Why were AIG's trading partners fully paid with …

Davis Polk, Cleary Advising New York Fed in Disclosure Flap – The Am Law Daily
Treasury Secretary Timothy Geithner, the New York Fed's president during much of the economic crisis, will testify before a House committee investigating …

AIG tosses roadblocks at Geithner, financial reform – Reuters
Geithner is set to testify next week before a congressional committee that is keen to explore what role, if any, he played in decisions on AIG payments to …

Why It’s Good News When Obama Sinks the Market – U.S. News & World Report (blog)
His Treasury Secretary, Tim Geithner, meekly tried to convince investors that the feds had a plan–when they didn't really, not yet. …

Show Bernanke and Geithner the Door – Huffington Post (blog)
Both Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner missed the critical warning signs of our recent financial crisis. …

Deals of the Day: Is Geithner Dissing the Obama Bank Plan– – Wall Street Journal (blog)
Deals of the Day gathers all the biggest news of the morning related to mergers and acquisitions, bankruptcies, financing and private …

Secondary Sources: Deficit Reduction and Taxes, Jobs, Geithner – Wall Street Journal (blog)
Geithner: Treasury Secretary Timothy Geithner talks to PBS Newshour about the proposed bank plan. JUDY WOODRUFF: So in essence, are you saying, …

7 Minutes With Joseph Stiglitz: Hopes Geithner and Summers Learn From Serious … – Huffington Post (blog)
This is a seven-minute clip of a high substance, politically significant exchange with Nobel Economics Laureate Joseph Stiglitz — who hopes that Obama's …

President Will Address Economy, Unemployment in Visit to Ohio Today – ABC News
But Treasury Secretary Tim Geithner privately expressed concern that the proposal would hurt the ability of US banks to compete globally, according to …

Recent Activity on Twitter

Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United Kingdom have had a coor… http://bit.ly/7FSjJJ
Janet Tavakoli: Show Bernanke and Geithner the Door http://bit.ly/7FSjJJ
Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United Kingdom have h… http://bit.ly/7FSjJJ #huffpost
Janet Tavakoli: Show Bernanke and Geithner the Door http://bit.ly/8gLpJs
Krugman on Geithner: "Obama needs to find some officials who can talk about taking on Wall Street as if they mean it." ….
Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United Kingdom have had a coor… http://bit.ly/8gLpJs
Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United King… http://bit.ly/8gLpJs http://retwt.me/97p
Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United Kingdom have had a coor… http://bit.ly/8zTt3S
Janet Tavakoli: Show Bernanke and Geithner the Door: Both the United States and the United Kingdom have had a coor… http://bit.ly/8IzxW5
Is It Just Us, Or Did Geithner Get Fired Yesterday– http://tinyurl.com/yb6kaug Geithner’s save-Wall Street-at-any-cost policy failed #tcot
@jozzjonz Geithner: Obama Proposal To Limit Banks Doesn’t Mean Breaking Them …: President Obama’s proposals to r… http://bit.ly/6JHMMP

Geithner: Breaking News

Geithner: Obama Proposal To Limit Banks Doesn’t Mean Breaking Them Up (VIDEO)
President Obama’s proposals to rein in banks do not include breaking them up, according to Treasury Secretary Timothy Geithner. During an interview Thursday with Newshour’s Judy Woodruff, Geithner told Woodruff that it’s not about breaking up banks, but about reducing their risk-taking. According to the LA Times’s Tom Petruno, Geithner’s rejection of the word “break-up” seems to put him at odds with Obama’s description of the proposal: The administration’s statement on the plan says that “no bank or financial institution that contains a bank will own, invest in or sponsor a hedge fund or a private equity fund, or proprietary trading operations unrelated to serving customers for its own profit.” That sure sounds like it would force a breakup of the megabanks… Click here to read a transcript of the interview. Watch it below. WATCH: More on Banks.

Geithner, Summers Eclipsed As White House Changes Posture
Rolling out his new, more aggressive approach to Wall Street, President Obama turned to some advisers who hadn’t been seen much in the past year. Standing shoulder to shoulder with Obama were former Fed Chairman Paul Volcker and Vice President Joe Biden. Council of Economic Advisers member Austan Goolsbee was brought out to brief reporters. Biden has been pushing for a year for more focus on the middle class and Goolsbee and Volcker have been waging a lonely campaign to encourage the White House to be tougher on Wall Street. One White House official didn’t deny that that there has been “a shift” in the presentation of their economic policies and who is presenting them. Two other officials, meanwhile, pushed back to insist that Treasury Secretary Tim Geithner and senior adviser Larry Summers fully participated in crafting the new strategy.