Wednesday, May 13, 2009

Headed Off to Control Even More of the Financial Sector?

During the extremely controlled Q&A (all puff ball questions read from index cards)at the Independent Community Bankers of America Washington Policy Summit at the Grand Hyatt Hotel in Washington D.C., Geithner told the bankers that the Obama Administration plans to develop a streamlined financial regulator that will oversee the entire financial sector.

It wasn't clear if he meant a new regulator or if an agency such as the Fed will takeover the duties.

Our paths crossed briefly, as we both left the Summit at the same time.


  1. Did your camera eat some mushrooms before that shot?

  2. It was my camera phone, but I think Geithner has that effect on cameras.

  3. Oh, I thought it was his demonsoul bending the fabric of Space-Time.

    Cameraphone makes more sense though, I guess.