Word: timothye
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—Staff writer Timothy J. Walsh can be reached at twalsh@fas.harvard.edu.
Treasury Secretary Timothy Geithner has unveiled a new plan to combat the financial crisis: persuading private financial institutions to buy up toxic assets with the government's backing. While this is a step up from former Secretary Henry Paulson's original bailout plan - in which the government itself would buy...
Geithner, Timothy • coach is flown by
10 | Washington Save the Economy, Save the World Calling the Bush Administration's financial-rescue plan "late and inadequate," Treasury Secretary Timothy Geithner outlined a revamped plan for stabilizing the ailing U.S. economy. Markets fell in response to the proposal, which critics hammered for offering few details. But Geithner laid...
Alas, it was into this unfilled void that the then unenthroned U.S. Secretary of the Treasury, Timothy Geithner, stumbled. In a written response to Senate questions, he suggested that China had been manipulating its currency. (Some in the U.S. have long alleged that by supposedly keeping its currency undervalued against...