This morning, Treasury Secretary Geithner will attend the President's Economic Daily Briefing at the White House.
In the afternoon, Secretary Geithner will attend a meeting of the Pension Benefit Guaranty Corporation at the Department of Labor.
In the evening, Secretary Geithner will join the President to have dinner with business leaders, including members of the executive committee of the Business Roundtable, at the White House. Business leaders will include President Obama's "favorite banker," Jamie Dimon.
Maybe Tim has seen the following chart:
ReplyDeletehttp://www.businessinsider.com/chart-of-the-day-wall-street-bonuses-vs-bank-lending-2010-2
It shows banks putting funds into Treasuries and not lending to businesses.