sad sally
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Jul-10-11 11:42 PM
Original message |
If Geithner leaves in the "foreseeable future" - sooner rather than later - |
|
which Goldman alumni would take his place? Is this another balloon float? If he can't help move debt ceiling talks, does the President view him as a liability?
On NBC, Geithner acknowledged that he is contemplating leaving his position before the end of Obama's first term. He said he will be in office for the “foreseeable future”, but would not say he will stay for the first term.
Back in May when there were rumors of him leaving, two names that were floated were former White House chief of staff, Erskine Bowles, and the current chief of staff William M. Daley.
|
QC
(1000+ posts)
Send PM |
Profile |
Ignore
|
Sun Jul-10-11 11:51 PM
Response to Original message |
|
Why not cut out the middleman and go straight to the source?
|
DJ13
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 12:03 AM
Response to Original message |
2. Not Goldman, JP Morgan Chase this time |
|
Jamie Dimon has been talked about.
Though why anyone would leave a multi million position to take one that pays 1/10th as much (or why that shouldnt set off alarms about corruption) is beyond me.
|
sad sally
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 12:13 AM
Response to Reply #2 |
|
First, you can rewrite - streamline - treasury regulations.
Second, it's a lot shorter walk to the discount window to pickup piles of almost free cash, which can be used to buy T-bills and bonds that have a guaranteed interest of 3% or so, and by rewriting regulations, a fast-talking treasury secretary with a strong banking background and several influential congresspeople at their beck and call, they could probably make anything they wanted to do/screw the taxpayers legal.
|
PoliticAverse
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 12:16 AM
Response to Reply #2 |
4. Because it's easier to 'loot the Treasury' if you are part of it?... n/t |
RaleighNCDUer
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 12:24 AM
Response to Reply #2 |
5. For the same reason that Cheney left Haliburton - |
|
to take a low paying job that allows you to make a lot of friends extremely wealthy - which they won't forget.
|
OHdem10
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 12:33 AM
Response to Original message |
6. How about Jamie Dimon (Diamond) . I have heard his name |
|
mentioned and that he is interested. It was like a side comment on a talk show a while back.
|
chill_wind
(1000+ posts)
Send PM |
Profile |
Ignore
|
Mon Jul-11-11 02:17 AM
Response to Original message |
7. Here's a few with links |
DU
AdBot (1000+ posts) |
Fri Apr 26th 2024, 07:21 PM
Response to Original message |