Big Banks, at Least, Had a Friend in Geithner

Gretchen Morgenson, NYT
TIMOTHY F. GEITHNER left the Treasury Department last week after four years as secretary. So how did he do?Timothy Geithner has denied that banks have too much influence in Washington.As financial adviser to the president in the tumultuous years immediately after the credit crisis, Mr. Geithner had immense sway over the government’s approach to all things economic. For everyday Americans, his major tasks included responding to the home foreclosure mess, unwinding federal bailouts under the Troubled Asset Relief Program and tackling the problem of financial institutions that are too…

Full News here – RealClearPolitics – Homepage

Leave a Reply

Send this to friend