As a young Treasury aide in the late 1990s, Timothy Geithner once said his proudest accomplishment was helping assemble more than $100 billion in international rescues to combat financial instability in Asia and Latin America.
Compared with meltdowns prior to the late 1990s, "the world proved much more resilient in confronting the recent crisis, because of the strength of the policy response and the financial force we mobilized in support of strong policies," the career civil servant, then 37 years old, told a reporter at the time.
The New York Times reports that Sen. Hillary Clinton (D-NY) has decided to give up her Senate seat and accept the position of secretary of state. According to MSNBC, it is also expected Monday that Ne... 查看全文
New York Fed president Tim Geithner has been chosen to lead Obama's Treasury, according to news reports. The stock market cheered by rising 500 points on the announcement. Geithner is generally well r... 查看全文
The Dow ended above 8,000, rising 494 points (+6.54%), most in the closing hour. The Nasdaq rose 5.19% and S&P 500 was up 6.32%.The enthusiasm was due to news (or yet another leak) that President-elec... 查看全文
Justin Fox:One thing Geithner doesn't have much background in is economic policy other than financial policy (at Treasury his big job was jetting around the world fighting the emerging markets financi... 查看全文
WASHINGTON — Why aren't the government bailouts working?The presidential transition may be adding to the uncertainty roiling the financial markets. In fact, knowing the names on President-elect ... 查看全文
President-elect Barack Obama's potential Cabinet is beginning to take shape, as transition team aide... 查看全文
As Obama seems to move toward more rather than less in the economic crisis, Noam Scheiber's profile of the next Treasury secretary is worth a read:While the deliberations among Geithner, Paulson, and ... 查看全文
Der künftige US-Präsident Obama macht den Chef der Notenbank (Fed) in New York, Geithner, zum Finanzminister seiner Regierung. Das gab Obama jetzt offiziell bekannt. Er forderte mutige und rasche Schr... 查看全文
Is Timothy F. Geithner, President-elect Barack Obama's nominee for Treasury secretary, the right man for the job?Some Wall Street chieftains are wondering whether the man who has been at the center of... 查看全文
David Axelrod spoke with George Stephanopolous on ABC News Sunday about President-elect Barack Obama's economic plan. The future White House senior adviser would not offer any more specifics, but he g... 查看全文