Posts tagged as:

Timothy Geithner

Timothy Geithner Grilled and Drilled by Congress

November 20, 2009

Timothy Geithner, Secretary of the Treasury, was grilled and drilled by Congress reflecting the frustration of its members over the state of the economy.  In another country I feel most certain that Geithner could have been physically attacked.  It seems that everyone has his knickers in a twist.
Congressional members bombarded Geithner with hard luck stories [...]

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Stocks Up as Citigroup Says It Is Making Money

March 10, 2009

Is this what the world has been waiting for?  Probably not, at least not enough to change the economy for most of us but today the stock market rallied around the news that Citigroup is making money again. 
Investors were encouraged on multiple fronts: assurances that the financial system was under improvement from U.S. Federal Reserve [...]

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Secretary of Treasury Timothy Geithner Introduces New Plan

February 10, 2009

This morning Secretary of Treasury Timothy Geithner introduced his new economic plan.  The plan includes the Department of Treasury, FDIC and the Federal Reserve Bank working together.
Geithner offered a brief overview of the plan that includes public and private sector investments to unfreeze the credit market and invest in small businesses with transparency.  The plan [...]

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Geithner Confirmed Not a Minute Too Soon

January 26, 2009

By a vote of 60 to 34, Timothy Geithner was confirmed as the new Secretary of the Treasury.  In other words, we will be looking to him to “fix” the crisis.
While Americans are suffering from job losses… another 40,000+ just today, it seems that our TARP money is buying a new jet.  Maybe we can [...]

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Timothy Geithner Confirmation Vote Monday at 6:00

January 22, 2009

Timothy Geithner, Secretary of the Treasury nominee, is expected to be confirmed by the Senate next Monday evening at approximately 6:00 p.m.  The vote on Geithner was announced by Harry Reid in the Senate this afternoon.
As we have learned, Geithner uses Turbo Tax to file his taxes, and he has “overlooked” some of his taxable [...]

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Grassley Takes on Geithner in Finance Committee Hearing

January 21, 2009

We all now know that Timothy Geithner used TurboTax to complete his 2001 and 2002 tax returns.  However, Geithner was not willing to put the blame on the TurboTax software program for his failure to pay his taxes.
Republican Senator from Iowa Chuck Grassley spent time questioning Geithner on how he prepared his taxes before going [...]

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Senate Says Not So Fast to Timothy Geithner

January 14, 2009

Perhaps, this is the second stumble of the incoming Obama cabinet, but it clearly isn’t a full faced fall.  The Senate has delayed the confirmation hearings for Timothy Geithner, Obama’s choice for Treasury Secretary.
All the delays come amid reports that Geithner had not reported some taxes and formerly had in his hire an immigrant worker [...]

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Timothy Geithner or Anyone But Henry Paulson?

November 21, 2008

Stocks have been in a downward spiral for the past few weeks, seemingly being sucked into one of the universe’s black holes. These events have come primarily since Congress handed the $700 Billion check to Henry Paulson.
Today the stock market seemed to see a glimmer of the hope the rest of us [...]

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