10 Things You Didn’t Know About Timothy Geithner
Timothy Geithner was named Barack Obama's treasury secretary
1. Timothy Franz Geithner was born Aug. 18, 1961.
2. As a result of his father's work with the government and the Ford Foundation, Geithner spent much of his childhood in Africa and East Asia.
3. He went to junior high in India and completed his high school education at the International School of Bangkok in Thailand.
4. Following in his father's footsteps, Geithner graduated from Dartmouth and then received his master's degree in 1985 from the Johns Hopkins School of Advanced International Studies.
5. After completing his education, Geithner married his college sweetheart from Dartmouth, Carole Sonnenfeld, in June 1985.
6. Both his mother and mother-in-law were involved in music. Deborah Geithner was a piano teacher and Portia Sonnenfeld was a conductor of the Chamber Symphony of Princeton.
7. His first job out of college was with Kissinger Associates, helping Henry Kissinger research a book. He left there and joined the Treasury Department in 1988.
8. Geithner earned his spurs at Treasury in the 1990s, helping manage international economic crises in Brazil, Indonesia, Mexico, Indonesia, South Korea, and Thailand.
9. Geithner has been president of the New York Federal Reserve since 2003.
10. He is a fly fisherman who has plied his craft in Canada, on the East Coast, and in Jackson Hole, Wyo., at the annual meeting of the Fed. He also partakes of more active sports such as surfing, skiing, and tennis.
Sources:
- Associated Press
- New York Times
- Financial Times
- Christian Science Monitor
- Federal Reserve Bank of New York
- International School Bangkok
- Columbia University
Reader Comments
Geithner knows what he's doing?
If Geithner helped Brazil, Indonesia, Mexico and Thailand with their financial crises then why are they still third world countries? Is this the kind of help we need? Or is this the aim, to make us another third world country.
The web of CDS could topple banks like dominoes
GM and Chrysler bankruptcies are also paving the way for death of contract law in the US. No such thing as rights or contracts, and soon we are headed the way of Mexico and then Zimbabwe ourselves through hyperinflation and ultimate collapse of the dollar.
The FED IG is all over youtube and the web in a five minute long debacle of doubt into the country’s fiscal oversight of something like $15,000,000,000,000.oo or enough money to have paid off every American’s credit card debt and still have enough to do something more proactive than reward failure, prop up vacuum of corporate greed, and debase the currency by the crime of “quantitative easing,” without ever addressing the real and continually evolving threat of the web of credit default swap and other high risk derivative schemes that have only been mentioned through the obscurity of the terms such as “systemic risk” and “too big to fail.” (That paragraph was a sentence, whew)
Bailouts
Surely anyone can argue that bailouts WITH strings have a socialistic bent. However, I'd like someone to explain to me why an unconditional gift to the Wall Street pirates can possibly benefit America. I'd also like an explanation that justifies the "too big to fail" argument that Bush/Paulson, Obama/Geitner and the majority of Congress has sold us. No question we need banks for lending, but why not let the corrupt ones fail, and allow the well managed one pick up their pieces?
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