The Senate committee by a vote of 18 to 5 agreed to recommend the appointment of Timothy Geithner to the office of Secretary of the Treasury. With the economy under siege by a financial and credit crisis that is contributing to rapidly expanding unemployment and an continued volatility in the markets, it was a foregone [...]
Posts Tagged ‘The Fed’
Geithner Nomination Recommended By Finance Committee
Posted in business, economy, stock market, tagged Age of Austerity, American Recovery Act, business, economy, finance, investing, news, politics, recession, stock market, The Fed, wall street on January 22, 2009 | Leave a Comment »
Geithner And The Politics Of The Unusual
Posted in business, economy, politics, stock market, tagged Age of Austerity, American Recovery Act, business, economy, finance, Geithner, politics, stock market, The Fed, Treasury Secretary, wall street on January 22, 2009 | 1 Comment »
It is the politics of the unusual in Washington these days as evidenced by the Senate confirmation hearings of Secretary of the Treasury nominee, Timothy Geithner. The Obama nominee to head the treasury department, apologized today for mistakes made on previous tax returns, where he failed to pay $35,000. of self employment taxes, while employed by [...]
The Fed Gets It Right
Posted in Uncategorized, tagged business, economy, finance, Investors, The Fed, wall street on December 16, 2008 | 1 Comment »
A tip of the hat to the Fed for their dramatic response today to the continued economic plight that we find ourselves in as we count down toward 2009. I can’t imagine that many Americans ever envisioned the Fed establishing a Fed funds target rate of between zero and one quarter of a percent but, that [...]
