Secretary Tim Geithner.  Does anyone know much about him?  All I know of is what's on Wikipedia.

Honestly, I don't think it has to do so much with his background as an end to uncertainty.  As head of the NY Fed, he's worked closely with Paulson recently, particularly on the Bear Stearns sale and the AIG rescue.  It's more that he's a known quantity, than a particular quality, IMO.

The market has been heavily shorted, and today was options expiration.  The large sell-off was on volume in front of this, and on this news, people couldn't afford to be short.  

Don't worry - we've got existing home sales, preliminary Q3 GDP, consumer confidence, durable goods orders, personal income, personal spending, and new home sales (among others) next week.   ;)

Laurie

niiiiiiiiiiiiiiiiiiice :-/

Supposedly level headed and can deal with the other creeps that enjoy economics. Worked for more than one President, I think.

Charlie

Charlie wrote on Nov 21^st, 2008 at 8:58pm:

Supposedly level headed and can deal with the other creeps that enjoy economics. Worked for more than one President, I think. Charlie

;D  Gary believes Bozo the Clown might have been a better choice.  I told him that just dates him.  Wonder if Bozo's still going...

Geithner worked under Summers (Clinton's Treasury Secretary for 1 1/2 years).  I think he worked for Rubin too.   ::)

Laurie

Melly Mel, im offended by this thread....YOUR BANNED!.....LMAO  ;D

I love you, Melly!!! :-*

You're right Laurie. I couldn't remember both names. My understanding is that he managed to get along with them both.

Thanks.

Charlie

Yup.  They like him in DC.

Laurie

wrote on Nov 21^st, 2008 at 9:46pm:

Melly Mel, im offended by this thread....YOUR BANNED!.....LMAO  ;DO I love you, Melly!!! :-*

Ooooooooooooooo Jonny, I'm skeert.  Whattya gonna do, come over here and beat me up? ::)








(love you too bro but you gotta weird way of showing it, lol) ;)

Melissa wrote on Nov 22^nd, 2008 at 10:50am:

(love you too bro but you gotta weird way of showing it, lol) ;)

START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or END PRINTPAGESTART PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or END PRINTPAGE ....Better? ....LOL  :-*

wrote on Nov 22^nd, 2008 at 12:16pm:

Melissa wrote on Nov 22nd, 2008 at 10:50am: (love you too bro but you gotta weird way of showing it, lol) ;) START PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or END PRINTPAGESTART PRINTPAGEMultimedia File Viewing and Clickable Links are available for Registered Members only!!  You need to or END PRINTPAGE ....Better? ....LOL  :-*

Yes, much. [smiley=grin2.gif]