online.wsj.com - 11/21/2008
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[Timothy Geithner] Getty Images New York Federal Reserve President Timothy Geithner speaks during a hearing before the House Financial Services Committee in July.
ny.frb.org - 11/21/2008
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ny.frb.org —
Timothy F. Geithner became the ninth president and
chief executive officer of the Federal Reserve Bank of...
New York on November 17, 2003. In that capacity, he serves as the vice chairman and a permanent member of the Federal Open Market Committee, the ...
(more)
Timothy F. Geithner, President of the New York Fed - ...
cnbc.com - 11/21/2008
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cnbc.com —
The choice of Timothy Geithner to be the
next Treasury Secretary was greeted enthusiastically on Wall Street...
and sparked a huge rally in stocks. An hour before the market closed, NBC News reported that President-elect Obama had picked Geithner, ...
(more)
Markets Welcome Choice Of Geithner for Treasury - ...
online.wsj.com - 11/24/2008
Comments
Blog Reactions
Geithner Picked as Treasury Secretary
Calculated Risk —
From the WSJ: Obama to Pick Geithner as Treasury Secretary Mr. Obama plans to introduce his entire economic team early next week, hoping to sooth the roiling financial markets and answer rising pressure on the president-elect to become more involved. For more on NY Fed President Tim Geithner, see (from Feb 2007): Calm Before and During a Storm BTW, Brad Setser at Follow the Money worked for Geithner at both the IMF and the Treasury. I'll be interested in his comments. I think Geithner is a great choice.
Geithner to head Treasury Department
The Mess That Greenspan Made —
This just in from the Wall Street Journal:
The Market Loves Tim Geithner
gary-weiss.com —
... Note the strong connection between Geithner and another candidate for Treasury, Larry Summers. And, by the way, contrary to an early report in the online Wall Street Journal, he is not an economist. © 2008 Gary Weiss. All rights reserved. ...
The RO Report, "That's Not The Bottom" Edition
Dinosaur Trader —
Call it the "Obama rally," or, more specifically, the "Geithner rally" since it began when word was leaked that Obama had chosen him as Treasury Secretary. 500 Dow points when you're in the mid 7000s is nothing to ignore... that's a substantial rally. ...
Timothy Geithner: Treasury Secretary; DJIA +494
CARPE DIEM —
... Larry Kudlow's early thoughts. WSJ. Geithner 101 in the NY Times. ...
(Summers x White House now) ÷ Fed in Future = Geithner in Treasury
The Big Picture —
... the last 10 weeks have greatly increased his visibility. Here’s Bloomberg on the matter:
“He certainly has relevant experience,” said Alex Pollock, resident fellow at the American Enterprise Institute in Washington and former president of the Chicago Federal Home Loan Bank. “The whole public part of the job, the political part of Treasury secretary, will, I expect, be a challenge.”
The Wall Street Journal alludes to this last point here:
The position of Treasury Secretary has grown vastly in ...
(Fiscally-Responsible) Friends in High Places
EconomistMom.com —
... I already wrote this on my Facebook wall, but I’m so proud to hear the close-to-official word that my friends Jason Furman, Austan Goolsbee, and Peter Orszag will be at the top of President Obama’s economic team. From today’s Wall Street Journal story on the pick of Tim Geithner for Treasury Secretary: ...
The Week That Was November 17 – 23, 2008
The Big Picture —
... Geithner (pronounced GYTE-ner) pushed for earlier intervention in the financial markets to stem the financial crisis, and looks likely to continue that activist approach in his new job. Among his first priorities could be a large fiscal-stimulus package.
“Unlike previous picks for Treasury secretary, who hailed from Wall Street, industry or the Senate, Mr. Geithner has been a technocrat most of his career.”
Source: Jonathan Weisman, Deborah Solomon and Jon Hilsenrath, The Wall Street Journal, November 22, 2008.
The Wall Street Journal: Paulson - ...
Related: obama treasury secretary federal reserve
Larry Summers in the White House
marginalrevolution.com 11/24/2008 — Harvard University professor
Lawrence Summers will join the Obama administration with a
ready-made sales pitch for substantial economic stimulus and a
chance that the role springboards him to the Federal Reserve. Summers, 53, was Bill ...
Summers to replace Bernanke? —
The Mess That Greenspan Made
At the end of Steven Pearlstein's excellent commentary on the world-wide bailout juggernaut that he aptly labels "Keynes on steroids" can be found this little gem. What wasn't particularly helpful this week was the published leak from the Obama camp that former Treasury Secretary Larry Summers ...
Obama Formally Unveils His Economic Team —
DealBook
As expected, President-elect Barack Obama formally introduced the economic team of his new administration on Monday and nominated Timothy F. Geithner as Treasury secretary.
Mr. Geithner is currently the president of the New York Federal Reserve Bank and has been working with the current Treasury ...
Momentum Trader Report: 11/23/08 —
momentum-trader.com
Friday saw a huge reversal in the late afternoon upon news that Obama would appoint New York Federal Reserve President Timothy Geithner as the next Treasury secretary. Obama plans to announce the rest of his economic team on Monday. The market may welcome this news, as it takes away some of the ...
Sizing up Geithner —
FT Alphaville
US president-elect Barack Obama has selected Tim Geithner, president of the Federal Reserve Bank of New York, as his Treasury secretary, opting for what the FT calls a figure who “plausibly represents change while also offering a high degree of continuity with both the Paulson Treasury and its ...
The ongoing dream of prosperity without work —
The Mess That Greenspan Made
As President-Elect Barrack Obama continues to lower expectations for change by appointing Clinton-era advisor Larry Summers to direct the White House's National Economic Council and long-time New York Fed Chairman Timothy Geithner as Treasury Secretary, Congressman Ron Paul (R-Texas) continues ...
Obama Said to Pick Geithner as Treasury Secretary —
DealBook
President-elect Barack Obama will name Timothy F. Geithner to be his Treasury secretary, according to a knowledgeable Democrat, The New York Times’s Jackie Calmes reports on the Caucus blog.
The choice of Mr. Geithner would elevate a Treasury veteran who as president of the Federal Reserve ...
The Un-Paulson —
The Big Money
On Friday afternoon, the markets shot up nearly 7 percent following the news that President-elect Obama was poised to name Timothy Geithner , president of the New York Federal Reserve, as the next treasury secretary. Why was this leak worth ...
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