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"The Returns We'll Get From Banks AND AIG Will Be More Than Enough To Cover Losses on Autos" Says Geithner
Yahoo Finance reports that the price to the tax payers of the bailouts and financial rescue of 2008 and 2009 continues to fall sharply. Incredibly the final net cost of the Troubled Asserts Relief Program (TARP) is estimated to be...Yahoo Finance reports that the price to the tax payers of...
No econ knowledge necessary to understand this one. There is an election coming up in the US this Fall and, although the economy is growing, it is a jobless recovery. In other words, people are upset and Obama/Democrats are feeling the heat. Good summary of the issue here: [T]he real problem is the...
Geithner’s first trip to China as United States Secretary of the Treasury has come and gone. Before we fill out our scorecard, how about a quick look at my predictions from a couple weeks ago: We’ll see what happens with Geithner’s first visit. I’m sure the press attention will be formidable,...
Quick update on yesterday’s post about a new punitive tariff bill floating around the US Congress. The bill would raise tariffs on Chinese goods in retaliation for alleged currency manipulation. My whole point of bringing it up yesterday was to comment on Secretary Geithner’s upcoming...
Well, this should be interesting: US Treasury Secretary Timothy Geithner will make his first official visit to China for talks June 1-2 as the two nations step up a high-level economic dialogue, his office said Tuesday. The visit will be Geithner’s first to China since taking office on...