Changes

Jump to navigation Jump to search
29 bytes added ,  13:30, March 23, 2009
m
no edit summary
Line 6: Line 6:  
Geithner got off to a very bad start, as his programs from 2008 have worked poorly, he was ridiculed and humiliated during his confirmation hearings for not paying taxes, his first major proposal as Secretary was uniformly repudiated by all sides, and the Treasury lacks (as of March 17) a single major senior official besides himself. [[Image:Geithner2,jpg.jpg|thumb|290px]]  
 
Geithner got off to a very bad start, as his programs from 2008 have worked poorly, he was ridiculed and humiliated during his confirmation hearings for not paying taxes, his first major proposal as Secretary was uniformly repudiated by all sides, and the Treasury lacks (as of March 17) a single major senior official besides himself. [[Image:Geithner2,jpg.jpg|thumb|290px]]  
   −
Geithner was appointed to the Treasury largely on the basis of his work at the New York Fed. His most important action there was design the bailout of giant insurance firm AIG, with 80% government ownership of AIG. It received $170 billion from the government. AIG scandalized the nation in March 2009 by giving out $165 million in bonuses to the very people who caused it to lose over $60 billion after the government took it over.  
+
Geithner was appointed to the Treasury largely on the basis of his work at the New York Fed. His most important action there was design the bailout of giant insurance firm [[American Insurance Group|AIG]], with 80% government ownership of AIG. It received $170 billion from the government. AIG scandalized the nation in March 2009 by giving out $165 million in bonuses to the very people who caused it to lose over $60 billion after the government took it over.  
    
==Treasury Secretary==
 
==Treasury Secretary==
17,394

edits

Navigation menu