You know it’s just a matter of time before one of these guys walks.
Treasury Department
Ten Explanations for Why Obama is Still Backing Geithner
Why does Obama continue to defend his Treasury Secretary?
"You Underestimate My Sneakiness"
Christmas F Words: Family, Friends, Fezziwig, Fireplace, Fa La La, Frosty the Snowman, etc. This year, we got two more: Fannie and Freddie, the GSE’s that caught an unlimited bailout surprise this Christmas while no one was looking (or approving). Geithner has authorized the removal of the $400 billion cap in terms of Treasury support…
Treasury Department Takes a Victory Lap
I got this little nugget from Big Brother The Office of Public Affairs in my inbox just now… U.S. Treasury Department Office of Public Affairs FOR IMMEDIATE RELEASE: December 23, 2009 CONTACT: Treasury Public Affairs (202) 622-2960 TREASURY RECEIVES $45 BILLION IN REPAYMENTS FROM WELLS FARGO AND CITIGROUP TARP Repayments Now Total $164 Billion WASHINGTON…
Why Geithner's Treasury Won't Sell the Gold
The United States is currently the largest holder of gold in the world. The US Treasury is currently sitting on 261.5 million ounces. Multiplied by roughly $1100 per ounce, we’re talking about a stash worth almost $300 billion at today’s prices. In an article today at CNNMoney, we learn a few interesting things about our gold…
Ratings Agencies, aka The Three Stooges, Get a Taste of Regulation
[vodpod id=Groupvideo.3080520&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Department of the Treasury just released this Fact Sheet to demonstrate what the administration’s agenda will look like as it pertains to reforming the ratings agencies. Standard & Poors, Moody’s and Fitch, aka The Three Stooges, will have an interesting experience figuring out a profit margin after these are enacted! Buffett agrees…
