Word: timothye
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Until a late-day rally on Friday, sparked by word that President-elect Obama would name Timothy Geithner as his new Treasury Secretary, last week was another brutal one for the stock market, with the S&P 500 stock index hitting an 11-year low. From trading floors to kitchen...
As expected, Obama announced that he would tap a well-known duo of economic advisers. Timothy Geithner, president of the New York Federal Reserve, will be his Treasury Secretary, and Larry Summers, a former Treasury Secretary, will lead his National Economic Council at the White House. He also named Melody...
Democratic sources say President-elect Barack Obama will name former University President Lawrence H. Summers director of the National Economic Council—essentially the president’s senior economic advisor—according to news reports this weekend. Once a top contender to be Obama’s...
If there were any left-wing rebels or right-wing reactionaries who still thought President-elect Barack Obama planned a revolution, today they got their answer. In reportedly picking New York Federal Reserve chief Timothy Geithner, 47, to be his Treasury Secretary, Obama has officially confirmed his preference for a...
If you thought the Boston Police Department’s Harvard-Yale tailgate restrictions were sobering, wait until you see the list of parties scheduled. There is no shortage of a capella jams and musical performances, but if you planned on dancing the night away in a sweaty dining hall...