Capital Commerce

Treasury Secretary Geithner: Further Thoughts

November 21, 2008 RSS Feed Print

Comment (3)
Tweet

1) Comfort. Like Obama, Geithner is 47 (Obama is 14 days older), a fast riser and a technocrat.

2) Multipolar. If Larry Summers takes a White House post, you will have two bright academics (Summers, Bernanke) along with a bureaucrat running U.S. economic policy. It would be nice to have someone with business experience in the mix, yes?

3) Condi II. I wonder if Geithner will end up a mediator of sorts between competing economic centers of power such as Summers and Bernanke. Geithner strikes me as an executor of policy not a creator. And fiscal policy would seem to reside in the White House.

« Previous Post Next Post »

Reader Comments Read all comments (3)

Add Your Thoughts Comment Name State Email

Please enter the two words below into the text field underneath the image.

Your comment will be posted immediately, unless it is spam or contains profanity. For more information, please see our Comments FAQ.

You need to get Jamie Dimon on your team. The man is money smart like none I have seen. I should know I worked for Bank One and he turned that around and then we merged with Chase.and TRUST ME THE GUY KNOWS WHAT HE IS DOING!!!!!!!!!!!!!!!!!!!!!!

connie l rupp of AZ 7:08PM November 23, 2008

This guy is the financial equivalent of Obama's political side as Obama was the lone wolf voting against the war, this guy was the lone wolf warning about investing in debt by renaming them "securities". Our nation is in the position now because we ignored these canaries in the mine. My confidence in this new administration is growing daily with Geithner's nomination, Rubin as advisor, Volcker as advisor we only need budget stalwarts like Walker to complete this Christmas Present to the nation. What a pleasant change from 8 years of the insolent retailing of our national resources. Success is not guaranteed by any means as the tasks are daunting but I'd rather have a starting line-up of hitters instead of the Buds from Texas strike-out kings!!!

Ray Fisher of NM 11:51AM November 23, 2008

It is said that Geithner understood and spoke against the unregulated risk of credit default swaps before most others anywhere in government. THIS may be why he is smart enough to be Treasury Secretary.
As for Jimmie's comments, snarky as usual.
Did you not yet "get it" that Sarah Palin lost the election with this speaking strategy?

of 10:53AM November 22, 2008