Word: timothye
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—Staff writer Timothy J. Walsh can be reached at twalsh@fas.harvard.edu.
Geithner, Timothy • job performance of is described by Obama as "outstanding" • speculation begins about date of end of tenure as Treasury Secretary of
According to Reuters, the barely competent Treasury Secretary Timothy Geithner will insist that AIG pay back taxpayers the $165 million in bonuses before the government will send AIG its next $30 billion in bailout cash. The news service reports that Geithner wrote in a letter to Congress, "We will impose...
Although Treasury Secretary Timothy Geithner told congressional leaders on Tuesday that he learned of AIG's impending $160 million bonus payments to members of its troubled financial-products unit on March 10, sources tell TIME that the New York Federal Reserve informed Treasury staff that the payments were imminent on...
The word of the day was well established by Tuesday evening, when Treasury Secretary Timothy Geithner wrote a letter to Senate majority leader Harry Reid. "I know," began the embattled Geithner, "that there is considerable outrage in the Senate, as there is throughout the country, about the bonuses." Indeed, outrage...