January 26, 2010

No Accountability for Geithner

"From 2003 until his 2009 appointment as Treasury secretary, Geithner served as president of the Federal Reserve Bank of New York. The New York Fed's role as the top Wall Street watchdog can't be overstated -- so if regulatory failure contributed to the recent financial crisis, then few regulators contributed more than the New York Fed and its chief, Tim Geithner.

[. . .]

 Only a handful of individuals could truly be called architects of our financial-regulatory system. Geithner, without a doubt, is one. To pretend he just now arrived on the scene is not only dishonest, it's dangerous."

http://www.nypost.com/p/news/opinion/opedcolumnists/geithner_lifelong_love_of_bailouts_rweqUPQK9EIongrU8AMtfK

Geithner's lifelong love of bailouts

Last Updated: 5:54 PM, January 20, 2010
Posted: 1:30 AM, January 20, 2010

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