Timothy Geithner

  • Blogs

    November 22, 2011

    Shepard Fairey Changes Unpopular 'Occupy Hope' Poster Under Pressure

    Shepard Fairey caught quite a bit of flak recently for making an Occupy Wall Street poster in the image of his famous Obama "Hope" design. That kind of thing is anathema to OWS, a movement that prides itself on not aligning with either political party. Fairey has publicly supported the movement; he ... More >>

  • Blogs

    October 5, 2010

    How CNN's Parker Spitzer Came and Got Off: The Review

    ​Last night, our long-awaited dream finally manifested in reality: Eliot Spitzer and That Conservative White Chick With A Pulitzer came on CNN for an hour, and then, got off. Before we knew it, Larry King was farting on Lance Bass, and it was over. Reviews have ranged from the "Eh!" to the "UG ... More >>

  • Blogs

    October 4, 2010

    The Parker/Spitzer Liveblog!

    ​Parker/Spitzer, the biggest thing to happen to CNN since Larry King farted on Octomom, is finally here. Our former governor Eliot Spitzer and his foil, the saucy Putlizer-prize winning conservative columnist, Kathleen Parker, are about to go on the air.

  • Blogs

    September 7, 2010

    Steve Rattner's Book, Overhaul: the Cuomo and Schumer Revelations

    ​Steve Rattner, the financier and Democratic fundraiser who served in 2009 as President Obama's car czar, takes some guarded shots at New York's political elite in his yet-to-be-released book, Overhaul. He paints himself as a victim in the ongoing Securities & Exchange Commission investigati ... More >>

  • Blogs

    June 16, 2010

    Another Day, Another Tiger Woods Mistress (This Time With Child)

    ​Some days we almost feel a little bit sorry for Tiger Woods. Almost. Like when we hear that yet another mistress (a dime a dozen, these) has come forward and blah, blah, blah. But this time the story has a twist! "Adult film actress" Devon James has announced that he is the father of her 9-ye ... More >>

  • Blogs

    March 12, 2010

    Ed Koch, Richard Ravitch, Judith Kaye -- It's the Day of the Geezers!

    Disgusted with boomer pols who have their thumbs up their asses, New York's old-timers are stepping up and trying to get it done. As you may have noticed, former MTA head and current Lieutenant Governor Richard Ravitch, 73, was given the job of announcing the new state budget plan while Governor P ... More >>

  • Blogs

    December 24, 2009

    Wall Street Crime Blockbuster: Goldman's Lucrative Bets Against America

    One of the year's biggest corporate-crime blockbusters, and the New York Times publishes it on Christmas Eve, when as few people as possible will read it: In "Banks Bundled Bad Debt, Bet Against It and Won," Gretchen Morgenson and Louise Story reveal how Goldman Sachs (and others) gamed the system, ... More >>

  • Blogs

    December 16, 2009

    Ben Bernanke Named Time Man of the Year, in Honor of Achievements TBD

    ​"Ben Bernanke is a nerd," says Time magazine. "He just happens to be the most powerful nerd on the planet," and thus the 2009 Man of the Year "Those green bills featuring dead Presidents," Time informs us, "are labeled federal reserve note for a reason: the Fed controls the money supply." As ... More >>

  • News

    October 27, 2009
  • Blogs

    June 18, 2009

    Obama's Inspector General Problem

    Hmmm, does the Obama administration have a problem with the watchdogs assigned to keep an eye on federal agencies? We ask because the Chicago Tribune is reporting that Obama's Treasury Secretary Tim Geithner [pictured] is embroiled in a dispute with an inspector general overseeing the government fin ... More >>

  • Blogs

    May 7, 2009

    Stress Tests: Banks Need to Raise $75 Billion to Stay Afloat

    The results of Obama's stress test on the banks, for which 150 government agencies examined TARP-funded U.S. financial institutions to determine their states of health, are in. The bad news first: 10 of the 19 banks examined will need to raise $75 billion in additional capital to be deemed sufficien ... More >>

  • Blogs

    May 1, 2009

    Gucci Mane Has Ice To Spare

    Fuck mortgage-backed securities, default credit swaps, AIG, Fanny Mae, Freddy Mac, Alan Greenspan, George W. Bush, Citigroup, Chrysler, Washington Mutual, Bernie Madoff, Sir Allen Stanford, Henry Paulson, Timothy Geithner, suicide loans, TARP, GM, Wells Fargo, Jerome Kerviel, al-Qaeda, Iran, Osama b ... More >>

  • Blogs

    March 30, 2009

    Rightbloggers on Easter Eggs, Notre Dame, Earth Hour, Etc.

    In earlier Obama days, when the market was tanking, rightbloggers talked about the "Obama Dow Jones Death Watch," "Change we cannot afford," "DOW Collapse Signaling Fear of Socialist as President?" etc. Politics West huffed that Obama, "has essentially never been an investor," and that he and his Tr ... More >>

  • Blogs

    March 27, 2009

    Sundwall Endorses Murphy in NY-20. What Does It Mean?

    We mentioned earlier that, as Libertarian candidate Eric Sundwall has been disqualified from the race, we expected Republican Jim Tedisco to gain ground over Democrat Scott Murphy in Tuesday's special election to succeed Kirsten Gillibrand in the House. Murphy is, after all, the candidate of the mor ... More >>

  • Blogs

    March 24, 2009

    Geithner, Bernanke Inform Congress of Fascist Takeover Plan

    As expected, Treasury Secretary Geithner and Fed head Bernanke are on the Hill telling Congress they need the power to take over non-bank financial institutions like AIG to prevent our recent disasters from happening again. At today's hearings Republicans, not yet having talking points from Rush Lim ... More >>

  • Blogs

    March 19, 2009

    AIG Blame Gets Passed Around

    Everyone remains angry at AIG, but as the first rage-wave subsides, some parties are looking to affix blame on persons rather than initials. Some notice that Chris Dodd did not end the bonuses in the terms of the bailout legislation. But as that directive came from Treasury, blame also falls on Secr ... More >>

  • Blogs

    March 18, 2009

    Congressmen Beat Up AIG and Geithner, Make Weird Jokes

    The New York Times' Kate Phillips attended this morning's House hearing on AIG, and reports that Barney Frank told AIG CEO Ed Liddy that the U.S. Government effectively owns AIG. He did not fire Liddy on the spot, alas, but he did suggest to his colleagues, "Let's bring a lawsuit as the owners again ... More >>

  • Blogs

    February 19, 2009

    Paterson May Bring Back Medically Compelled Tax Evader

    Hey, this ought to boost Governor Paterson's poll numbers -- he's thinking of bringing back Charles J. O'Byrne, his former secretary of state, who was forced to resign after it was revealed that he failed to pay some taxes and did so because he suffered from an extremely rare (or extremely popular, ... More >>

  • Blogs

    February 18, 2009

    Voices in the wilderness: Bill Moyers and Simon Johnson take on 'American oligarchs'

    Lost in the babble about the Wall Street rubble was last week's provocative piece on Bill Moyers Journal. Beyond its hackneyed title, "Following the Money," it gets to the heart of the global financial meltdown (video, transcript). Last night's Frontline episode, "Inside the Meltdown," was an int ... More >>

  • Blogs

    February 18, 2009

    Obama signs the stimulus bill, talks about 'foreign dictators,' not the ones here at home

    You don't expect President Barack Obama to reveal the sharp split inside the White House between those who want to rescue Wall Street's bankers and those who want to smack 'em upside the head. Americans just want a rescue from the onrushing Great Depression II, so the public's not clamoring in an ... More >>

  • Blogs

    February 17, 2009

    Meanwhile, Back on Wall Street...

    Just in case you've been missing it, the stock market ain't doing so hot. It's down over 200 points today, presumably in response to a dive in the Nikkei and elsewhere, and lingering concerns over Tim Geithner's bailout strategy and the stimulus bill, which President Obama signs into law today. The ... More >>

  • Blogs

    February 11, 2009

    Who needs a bailout? The New York soldiers heading to Afghan War frontlines.

    The frightening Taliban invasion of the Afghan capital Kabul, courtesy of Al Jazeera's Todd Baer. Compare the CNN and Al Jazeera stories. Bailout? If by accident of birth, you were in Kabul yesterday, you'd be dying to bail out. You would have been running for your life while crazed Taliban storm ... More >>

  • Blogs

    February 10, 2009

    The economy needs steroids, but Alex Rodriguez confesses he took 'em

    The Congo War: a report by Al Jazeera from this past November. The deadliest war since World War II — the slaughter in the Congo — drags on and on amid relatively little notice. Arabs and Jews are still killing each other, and Israel's about to elect an even harder-line government. ... More >>

  • Blogs

    February 10, 2009

    Geithner Unveils Plan, Stocks Plummet

    This morning Treasury Secretary Geithner unveiled the new $2 trillion bank bailout plan, which as previously reported counts on private investors to buy up some "bad assets" of troubled banks in order to unclog their pipes and get them lending again. The New York Times helpfully puts a graph on its ... More >>

  • Blogs

    February 9, 2009

    Nissan crashes; hedge funds lick chops; incoming Israel govt. may take 'harder line'

    Harkavy Plans are moving apace to purposely set up a "toxic bank" full of poisonous assets to further bail out those banks that had greedily and recklessly accumulated them. Call it Shitibank. And give it the naming rights to the new baseball stadium for the New York Mets, taking the moniker awa ... More >>

  • Blogs

    February 3, 2009

    Daschle Out at HHS

    While new Treasury Secretary Tim Geithner owed $34,000 in taxes, he had an excuse, if not a good one, in his confusion over his salary arrangements with the World Bank, and it's not like a Treasury Secretary has that much to do with finance anyway. But Tom Daschle, Senate lion and proposed Health an ... More >>

  • News

    January 28, 2009

    What Cooked the World's Economy?

    It wasn't your overdue mortgage.

  • Blogs

    January 21, 2009

    Entering a new phrase: Barack Obama's inaugural address

    Eire on the side of the new president: There's no one as Irish as Bearach O'Bama. Too short to be an oratorio, Barack Obama's inaugural speech (video) proved nevertheless that as an orator he's got handle. That guy can speak. Notwithstanding our gratitude to George W. Bush for the past eight yea ... More >>

  • Blogs

    January 13, 2009

    Geithner Paid Taxes Late, Had Illegal Housekeeper

    While Hillary Clinton breezed through her Senate confirmation hearings (except for some suggestions that her husband accept more prohibitions on his global programs while she serves), proposed Treasury Secretary Tim Geithner encountered a late bump on the road to his own. It has been revealed that G ... More >>

  • Blogs

    September 15, 2008