Word: geithner
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That obviously impacts the market, and the markets are watching what's going on, and this is a situation where as Ben [Bernanke], Tim [Geithner] and I had talked for months about, there might be a need to do something like this. We discussed the various plans. We've never seen anything like it. There's no model for anything that's been done in the past that would work here...
...about the dynamic between the three of you? It's an odd and surprising grouping of people-you're very much the deal maker, Bernanke is professorial, and Geithner is something of a mix between the two, but certainly younger. How have those conference calls gone, how have you learned to deal with each other? What's the dynamic...
...Fuld is done with the grueling job of trying to stave off financial crisis. Not so for regulators, of course. It's difficult to imagine the pressure and stress. Key players such as Treasury Secretary Hank Paulson and New York Fed chief Tim Geithner have been working around the clock for weeks now, putting out fire after fire. Besides having to comprehend and solve the mind-bending financial woes of some of the world's biggest companies, they are also briefing and seeking counsel from CEOs of the surviving companies, never mind President George W. Bush and the two presidential...
...tide it over. On Monday the firm initially got a special dispensation from the governor of New York, the state that regulates it, to tap $20 billion in capital from its subsidiaries. Then it paid a visit to the Federal Reserve Bank of New York, where President Tim Geithner turned down its loan request but, according to the Wall Street Journal, asked Goldman Sachs and Lehman Bros. to organize a $70-billion to $75-billion rescue loan. There's no word yet on whether they'll actually do it, which means AIG's woes are likely to ripple through...
...Institute, both geographically and programmatically,” Perry, the Henry Rosovsky Professor of Government, said in a press release. “She is an internationally recognized specialist on Asia,” said Chair of the Board of Trustees of the Harvard-Yenching Institute Peter F. Geithner in a statement. “We are delighted that she will be joining the institute next year.” Established in 1928, the institute seeks to expand education in the areas of humanities and social sciences, concentrating on culture in East and Southeast Asia. While associated with Harvard University...