Who Is Timothy Geithner
The new Treasury Secretary for one, and currently the President of the New York Fed. Well according to one report in the Economist … he represents a stead hand. And according to this report he is a hard charger and a self starter.
Justin Rudelson, a friend of Geithner’s from Dartmouth College who teaches there, said he asked Geithner in June whether he was getting enough sleep.
“He said, ‘Justin, you have to realize, we live for this. We live for these kinds of crises.”‘
On the other hand … when you rise this quickly you can rub some people the wrong way.
“If Tim Geithner, the New York Fed chairman, gets a top spot in the Barack Obama’s cabinet, we are done, finished, kaput. It is that simple,” CNBC commentator Jim Cramer wrote in Real Money magazine. Cramer blamed him for the decision to let Lehman Brothers Holdings Inc. file for bankruptcy in September.
Here’s what I have been able to gleen from the stories I have read this morning. He is bright and young and not affraid to work hard. He has been closely involved with Hank Paulson in engineering the current financial bailout which only tells us he knows the deal but how close and whether he’s hand a hand in some of the decissions that have been made … I do not know. Here’s his NY Fed Bio.
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