January 30, 2013
So Long, Tim Geithner!
It only took four years, but Tim Geithner is moving on. He should have never been Treasury Secretary in the first place. As head of the New York Fed, he played chicken games with the heads of many of the Wall Street investment banks while they were scrambling to save their firms. He failed to pay his maid's Social Security taxes. Finally, he also rebuffed requests to change the accounting methods at AIG towards something that was more transparent. We are not sad to see Tim Geithner go.