Saturday, November 22, 2008

Bailouts Geithner Has Been Involved With

Barack Obama's choice for Treasury Secretary, Timothy Geithner, should be called the Bailout King. According to NYT:

[H]e was involved in the bailouts of Mexico, Indonesia, Korea, Brazil and Thailand.
This is in addition to his recent roles in the bailouts of Bear Stearns and American International Group, and Treasury Secretary Paulson's $700 billion boondoggle.

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