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Markets Boo Geithner
With so much of his speech already released to the media, it is no wonder that Tim Geithner, the U.S. Treasury Secretary, failed to light a fire under the stock market with he speech shortly after 11 a.m. (ET) on Tuesday.
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Geithner plan disappoints investors
US Treasury Secretary Tim Geithner's blunt admission that his new $2,000bn-plus plan to tackle the American banking crisis "will cost money, involve risk, and take time" unsettled Wall Street.
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Geithner Reax
Some early reaction to the speech. Most appear distinctly underwhelmed.
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Top Economist On Geithner Speech: 'This Is Not A Plan'
Timothy Geithner's speech laying out the Treasury's plan for bailout 3.0 struck us as devoid of key details that might have settled some of the uncertainty and confusion surrounding the Obama administration's approach.
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Administration Officials Laughed At In Bailout Meeting
Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner's new financial-sector bailout project, according to people who were in the room.
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