Treasury Secretary Timothy Geithner has expressed opposition to the possible nomination of Elizabeth Warren to head the Consumer Financial Protection Bureau, according to a source with knowledge of Geithner's views ( Read more... )

The Contrarian
Sheila Bair and the White House financial debate.


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Poll: More People Blame Geithner for AIG Bonuses Than Bush


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My crappy summary: Chomsky says banks getting cash for trash, government technically owns stakes in many of them but won't utilize it, instead basically doling out public money to private industry heads; supports economist Dean Baker and James K. Galbraith's ideas to split up AIG (sever finance unit from rest of company), aggressively use FDIC to ( Read more... )

Article round-up for the Gridiron Club dinner held last night, an off-record annual event.

HuffPo:
WASHINGTON - President Barack Obama didn't have time to join a roast of prominent officials by the journalists who cover them, cracks Vice President Joe Biden, because Obama is getting ready for Easter ( Read more... )

(CNN) -- Treasury Secretary Timothy Geithner said Thursday that he takes responsibility for knowing the stimulus legislation had a loophole that would allow bailed-out insurance giant American International Group to keep its bonuses.
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Congress Reaches Deal on Stimulus Plan


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Administration Officials Met With Laughter At Bailout Briefing


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The Obama administration’s new plan to bail out the nation’s banks was fashioned after a spirited internal debate that pitted the Treasury secretary, Timothy F. Geithner, against some of the president’s top political hands ( Read more... )