CNBC is reporting NY Fed Reserve President Timothy Geithner has been selected by President Elect Barack Obama as the next Treasury Secretary.
http://www.cnbc.com/id/27844707
Seems like a lot of people are in favor of this given Geithner's extensive background and hands-on dealings with the Wall Street financial crisis [Check this article in Portfolio about his role in Bear Stearns collapse - http://www.portfolio.com/executives/features/2008/05/12/New-York-Fed-Ch… ].
Besides having significantly more hair than Paulson, what do you guys think?
Good move, this guy has been front and center in handling a lot of the market turmoil and should be a very smooth transition come January.
Ipsum voluptatibus quibusdam maiores qui voluptatibus blanditiis iste laborum. Qui minus perspiciatis minus ea sit quo. Provident tempore maxime doloremque harum. Architecto quo et ipsam blanditiis nulla.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...