Thursday, January 3, 2013

Geithner About to Cash In

Bloomberg is reporting that Treasury Secretary Geithner plans to leave the administration at the end of January, even if President Barack Obama and congressional Republicans haven’t reached an agreement to raise the debt ceiling. (They won't at that point.)

The game plan will likely be for Geithner to take a position at think tank, perhaps the Council on Foreign Relations or at the Hamilton Project. Then in 3 to 6 months he will slither over to the crony part of Wall Street and grab the big bucks.

1 comment:

  1. "...grab the big bucks again." There, I fixed it for you.