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...little small in front of the TV cameras and on Capitol Hill. Flash forward to his appearance Thursday morning before the House Financial Services Committee and Geithner was hardly recognizable: he interrupted the members, rolled his eyes, shot questions back, spoke over them and even ignored the chairman himself as he pounded the gavel...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...been busy. On Wednesday, Geithner and White House chief of staff Rahm Emanuel met with House Democrats on the Financial Services Committee, pushing them to accept the deal Geithner had negotiated with committee chairman Barney Frank, which includes new powers for regulators and the Federal Reserve to limit risk among the nation's biggest financial institutions, and to dissolve those institutions in an orderly way if they fail. At the same time, the Senate is moving ahead with its own bill, with talk of a markup in Connecticut Senator Chris Dodd's Banking Committee before Thanksgiving. Treasury has even held...

Author: /time Magazine | Title: Geithner Leads a Fresh Charge on Financial Reform | 10/30/2009 | See Source »

...over the district line in Lake Placid, then declared his own candidacy with the backing of the state's Conservative Party leaders, who had opted not to endorse Scozzafava. Now Scozzafava has the support of the official GOP establishment - including House minority leader John Boehner and Republican National Committee chairman Michael Steele - while Hoffman has garnered endorsements from other prominent Republicans (and probable 2012 GOP presidential candidates) like Sarah Palin and Minnesota Governor Tim Pawlenty as well as conservative former U.S. Senators like Rick Santorum and Fred Thompson. Hoffman is also a favorite of talk-show host Glenn Beck...

Author: /time Magazine | Title: A GOP Civil War in Upstate New York | 10/30/2009 | See Source »

...dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are hurting. Even outside the gilded halls of Wall Street, there's no shortage of good cheer: many economists say the Great Recession has ended, and Federal Reserve Chairman Ben Bernanke keeps seeing "green shoots" in the economy...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

...your faith in the Fed or Uncle Sam. During the 1982-2000 stock-market boom and the long economic expansion, people foolishly began to think that government officials like former Fed Chairman Alan Greenspan (formerly the "Maestro" and the man who helped save the world, now Alan Who?) - were looking after their interests. They weren't. Greenspan's job was to protect the world financial system and the economy, not you. Ben Bernanke's job is the same as Greenspan...

Author: /time Magazine | Title: What's Still Wrong with Wall Street | 10/29/2009 | See Source »

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