Tim Geithner

Treasury Secretary Says Americans Will Need to Save More

Michael Santo — Wed, 07 Oct 2009 10:30:26 -0500

It's a conundrum. Americans have been told for years they need to save more, but America been a society of spendthrifts. In this global recession, many have said that a recovery will not occur, including job recovery, until America starts spending again, yet here we have Tim Geithner, Treasury Secretary, saying Americans need to save more.

Geithner's Written Testimony To House Financial Services Committee

Armen Hareyan — Wed, 23 Sep 2009 10:46:49 -0500

Chairman Frank, Ranking Member Bachus, members of the House Financial Services Committee, I am pleased to be back before you today as our Administration and this Congress work toward comprehensive reform of our financial regulatory system.

Even Geithner Can't Sell His House

Armen Hareyan — Thu, 04 Jun 2009 06:50:05 -0500

The news agencies report the the U.S. Secretary of Treasury Tim Geithner is having serious difficulties for selling his house and has put it on a rent.

Geithner: AIG Highlights Problems In Regulatory System

Armen Hareyan — Tue, 24 Mar 2009 14:27:35 -0500

Treasury secretary Tim Geither says we need broader regulation on our financial system and AIG shows the case for that.

According to FOX News "Federal Reserve Chairman Ben Bernanke tells lawmakers he wanted to sue AIG to stop its bonus payments, but was told a lawsuit could end up awarding the bonus recipients more in punitive damages."

Sample Investment Under The Legacy Securities Program

Armen Hareyan — Mon, 23 Mar 2009 09:05:24 -0500

Here is the Sample Investment plan that the U.S. Treasury has unveild as to how it will invest under the Legacy Securities Program of the Public Private Partnership Program that Treasury's Tim Geithner unveiled this morning.

The Details Of Public Private Partnership Investment Program

Armen Hareyan — Mon, 23 Mar 2009 08:28:37 -0500

The U.S. Treasury Secretary Tim Geithner just released the Public Private Partnership Investment Program that aims to stabilize the U.S. banks and help to promote the economy. Bellow are the complete details of the investment program.

Geighner To Unveil New Bank Rescue Plan

Armen Hareyan — Mon, 23 Mar 2009 07:31:56 -0500

The U.S. economic chief is expected to announce a new plan Monday to help banks get rid of the toxic assets that are clogging the financial system.

Congressman Calls To Fire Geithner Over AIG

Armen Hareyan — Wed, 18 Mar 2009 14:33:18 -0500

In the wake of the growing issues surrounding the AIG bonus scandal and U.S. Treasury Secretary Timothy Geithner’s oft-demonstrated inability to lead and act appropriately, Congressman Connie Mack (FL-14) today called on Secretary Geithner to either resign or be fired from his position.

Geithner Unveils New "Financial Stability and Recovery" Plan

Michael Santo — Tue, 10 Feb 2009 11:31:04 -0600

On Tuesday, Treasury Secretary Tim Geithner outlined the new "bank rescue" plan, detailing major changes as well as expansion to the program.

Geithner Delays TARP II Speech

Armen Hareyan — Sun, 08 Feb 2009 18:40:28 -0600

This story's running on the wires now: Geithner Delays Bank-Rescue Speech to Keep Focus on Stimulus. The fact that it's being delayed isn't exactly surprising. The T.A.R.P. II program is downright offensive to the sensibilities of sane people everywhere. The non-taxcut portions of the Stimulus bill (a/k/a the "American Recovery and Reinvestment Act of 2009"), on the other hand, are brutally needed right now.

Obama's People Don't Pay Their Taxes... Again

mattwion — Sat, 31 Jan 2009 15:27:58 -0600

First Geithner, now Daschle. Why can't Obama's people pay their taxes?! Tom Daschle apparently forgot to pay for his driver and car which cost 128,000 dollars. Apparently Daschle corrected the error and paid the fees on January 2nd. But this brings up a question, do we want people running this country who can't remember to pay what they owe in taxes!

Despite Questions, Geithner Sworn in as Treasury Secretary

Michael Santo — Mon, 26 Jan 2009 23:30:49 -0600

Despite issues and questions around his missed Medicare and Social Security tax payments when he worked for the International Monetary Fund, Tim Geithner was today confirmed and sworn in as Barack Obama's Treasury Secretary.