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Tag Archives: Geithner
Say, how is America’s “investment” in GM and Chrysler workin’ out?
Zero Hedge – Do You See What Happens, Larry, When Government Motors Stuff Channels?: GM Channel Stuffing Hits Record In April Earlier today, GM posted better than expected April car sales, with total US sales up 26.4% on expectations of … Continue reading
Turbotax Tim: “Did I say profit? I meant $105 billion loss”
Remember Timothy Geithner, the guy who couldn’t do his own taxes? His math skills didn’t get any better after he was appointed Secretary of the Treasury. December, 2009: “With the recent announcements on repayments, we are now on track to … Continue reading
Rent your unsold house until market improves? Probably not gonna work
The New Homeowner Hallucination: “We’ll Rent For A Year And Then Sell When The Market Comes Back” When I asked her what made her think the market would come back when rates were going higher, availability of credit was down, … Continue reading
Bad assessment for Timothy Geithner’s role in the Asian IMF debacle
Sydney Morning Herald – Obama’s economic saviour savaged as Keating lets rip: But Geithner, through his influence on the IMF, imposed the same cure the IMF had imposed on Latin America and Mexico. It was the wrong cure. Indeed, it … Continue reading
Geithner’s Paulson-style reversal of plans
Just as Treasury Secretary Paulson didn’t know what he was doing under Bush, his replacement Timothy Geithner is making it up from day to day under Obama: Just days before Treasury Secretary Timothy F. Geithner was scheduled to lay out … Continue reading
Income taxes weren’t Geithner’s only personal finance blunder
iTulip – Timmy Geithner the debt serf: Who better to run the US Treasury Department than a poster child for debt serfdom?: The couple bought a home in the Washington suburb of Bethesda, Md., in 1992 for $275,000, taking a … Continue reading