Posts Tagged ‘Tim Geithner’
When Geithner speaks – stock market reaction
Did anyone notice the big drop (more than 3.5%) in the stock market as of Monday’s close? As the financial stocks seem to have been the hardest hit, the better question, however, is “why”? Well, it seems that this weekend, the latest administration news “leak” landed with a thud, causing an even louder thud on…
Read MoreCapitalists … Meet Your Master
Just in case you were wondering if the CEO of General Motors is the only one facing the guillotine (figuratively of course).
Read MoreDue process and equal protection?
Unlike my brother, I am not one to rant. Occasionally, however, someone in Congress says something that is so stupidly outrageous (or outrageously stupid), that my normal mild mannered demeanor is forced to rant. So, please forgive me, I’m not used to this. Congressman Grayson, sadly from my home state – though luckily not from my…
Read MoreHedge fund managers eschew participation in the Geithner PPIP
The Geithner plan puts hedge funds in a bad spot.
Read MoreGeithner plan is a give away, moral hazard thrives!
Geithner, sal khan, Tarp 2, bailout, banks
Read MoreNo Time To Waste
Secretary Geithner needs sweeping powers to do all kinds of things like take over financial institutions that the government thinks might possibly need taking over. So he needs to move fast … faster than fast. No time to look this deal over … quick. First this on Wednesday Allowing the Treasury Department to take over…
Read MoreGeither To Announce Details … Wall Street Waits
Geithner is going to provide details of his toxic asset plan, there are serious ramifications to this. Obama says there are plans to expand government authority to take over failing companies.
Read MoreThe Satyr and the Peasent, a modern retelling – Video
There is one of Aesop’s fables, entitled “The Satyr and the Peasent,” “A Man had lost his way in a wood one bitter winter’s night. As he was roaming about, a Satyr came up to him, and finding that he had lost his way, promised to give him a lodging for the night, and guide…
Read MoreEmotion and business decisions – the AIG bonus program
Now really, what did you expect? Like it or not, the managers and executives at AIG have specific value in the market place. You may think that they are all worth nothing, but many companies see the AIG kerfuffle as an opportunity. The obligations that AIG had to managers were contractual payments everyone knew about…
Read MoreHow are we going to pay for this budget?
Geithner does not know how to fund this budget!!
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