Articles About Timothy Geithner

Author:
James I. Clark III
Posted:
11.24.2009

Repealed Glass-Steagall Act Played a Role in Financial Meltdown

When President Bill Clinton signed legislation to repeal the Depression-era Glass-Steagall Act in 1999, he handed Wall Street  a victory that likely contributed to the recent financial meltdown. Glass-Steagall’s repeal eliminated barriers between normal banking activities – deposits and lending – and riskier areas such as derivatives trading. “The capital-market rules are going to change,” […]

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Author:
Tom Silva
Posted:
05.15.2009

Geithner: The Patient is Out of Intensive Care

It’s been a long, strange ride, but the nation’s financial system is finally starting what is certain to be an extended healing process. Treasury Secretary Timothy Geithner believes that “the financial system is starting to heal” as he promised to move returned bail-out funds to community banks that need help. Improved lending circumstances are tempering […]

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Author:
Tom Silva
Posted:
04.21.2009

Dr. Geithner’s Harsh Medicine

The Obama administration has proposed the most comprehensive overhaul of the nation’s financial industry since the Great Depression.  The measures, as outlined by Secretary of the Treasury Timothy Geithner, will require regulation of hedge funds for the first time and give government wide-ranging powers to seize and take apart companies that are perceived as threats […]

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Author:
Michael Alter
Posted:
03.12.2009

Nothing Succeeds Like Success

Tuesday, March 10’s 379.44 stock market spike – the best finish since Thanksgiving – came on the heels of Citigroup, Inc.’s news that it had made a healthy profit during the first two months of 2009.  At the end of the day, the stock market had soared to a 6,926.49 close. So, what did it?  […]

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Author:
Michael Alter
Posted:

Nothing Succeeds Like Success

Tuesday, March 10’s 379.44 stock market spike – the best finish since Thanksgiving – came on the heels of Citigroup, Inc.’s news that it had made a healthy profit during the first two months of 2009.  At the end of the day, the stock market had soared to a 6,926.49 close. So, what did it?  […]

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