Timothy Geithner's bank stress test is worthy of the Noble Prize in Economics and is the most important financial innovation in two decades. Having spent decades abating and resolving financial crises around the world, he was able, willing and ready to abate and resolve our own Wall Street Crash of 2008.
The problem with our legal system is that there is too much legalese and not enough prosecution. Imagine, over the last seven years banks paid out in fines, $150 billion of shareholders cash. In my opinion, proving once and for all, that these banks did not suddenly become dishonest.
"In addition to the revenue, as I indicated, there are important policy reasons to be imposing this small fee: dampening
"I think this is worth some thought," Yellen said. "I don’t know what the answer is in terms of changing these practices
Tim Rath joins Nancy to discuss when he decided to prioritize his health.
Private equity giants fought hard while debating Wall Street reform to make sure new rules that applied to investment banks
Nov 16 (Reuters) - Former U.S. Treasury Secretary Timothy Geithner is joining private-equity firm Warburg Pincus, the Wall
So, this happened: Will we very soon have a "Dick Cheney helps George Bush pick the Vice President" type situation on our
The public airing of the Summers-versus-Yellen debate has made the selection more controversial. Summers, who served as President
Recently departed Treasury Secretary Timothy Geithner is joining the Council on Foreign Relations in New York City as a distinguished
"Not a chance," he told Politico in an interview posted on its website on Friday. "I have great respect for the institution
"Even with more money and broader authority, I don't believe that you would have had a dramatically different outcome," Geithner
Republicans have demanded that an increase in the $16.4 trillion debt limit be accompanied by spending cuts. Politico reported
WASHINGTON -- In the wake of news that both the Treasury Department and the Federal Reserve rejected the minting of a trillion
The government needs to issue new debt in order to meet prior obligations to which Congress has already agreed: Social Security
Treasury Secretary Timothy F. Geithner plans to leave the administration at the end of January, even if President Barack
WASHINGTON — Lawmakers are engaged in a playground game of "who goes first," daring each political party to let the year
By Aruna Viswanatha "What we can't do is sit here trying to figure out what works for them," Geithner said. "The ball really
Obstacles remain on the path to compromise, especially with President Barack Obama remaining at odds with Congressional Republicans
An early litmus test of Barack Obama's willingness to push policies to help the middle class in his second term will be whether or not he gives Treasury Secretary Geithner the sack.