Friday, March 20, 2009
Geithner
It's been lite posting the last few days b/c of work getting in the way.
But, while i'm here, I should comment on the ongoing AIG crisis. It's a disaster for the Administration, Treasury Secretary Timothy Geithner, in particular. My guess is he will not last the next month or so. Even though it is hard to tell if his ideas are working or not, he's been a disaster in PR and behind the scenes. He's too close to Wall Street(who isn't in that world?) to deal with the current crisis fairly. Obama's going to need a sacrificial lamb, and he's the easy one. You might want to take your house off the market, Tim, you're going to need it.
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But, while i'm here, I should comment on the ongoing AIG crisis. It's a disaster for the Administration, Treasury Secretary Timothy Geithner, in particular. My guess is he will not last the next month or so. Even though it is hard to tell if his ideas are working or not, he's been a disaster in PR and behind the scenes. He's too close to Wall Street(who isn't in that world?) to deal with the current crisis fairly. Obama's going to need a sacrificial lamb, and he's the easy one. You might want to take your house off the market, Tim, you're going to need it.
