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Alea — Treasury Traders Paid to Borrow as Fed Examines Repos Repos turning Japanese Citi Bailout: Summary of Terms A new economic team Awaiting Reaction to 3rd Try at Bailout Fed Pledges Top $7.4 Trillion to Ease Frozen Credit Email This

Setser: "Thrilled" with Geithner Pick for Treasury
Calculated Risk — Brad Setser at Follow the Money writes: A new economic team [B]efore moving to New York I worked for Mr. Geithner at both the Treasury and the IMF. Mr. Geithner was, by the end of the 1990s, in charge of Treasury’s International Affairs division, so almost everyone who worked there — Tim Duy and Nouriel Roubini to name two — also worked for Mr. Geithner. At the IMF, Mr. Geithner encouraged the IMF to pay more attention to balance sheet vulnerabilities — and helped to push a paper I worked on with a group of talented young IMF economists through the IMF’s internal ...