Topic: Timothy Geithner
During an interview with Mike Allen of Politico, Tim Geithner said that the Move Your Money campaign is a bad idea, but didn't actually give a reason why. "Arianna Huffington has been urigng Americans to move money from big banks to neighborhood ...
What follows is pre-market commentary by Keith R. McCullough, CEO of Research Edge, LLC. For starters, within the first 3 minutes of Tim Geithner's Friday interview with Bloomberg's Al Hunt, take his word for it: You definitely shouldn't have taken his word ...
The old banking rule of lending only to those who had the capacity to repay was gradually relaxed and then completely abandoned over the past two decades.. The total amount of loans held by 15 large U.S. banks shrank by 2.8% in ...
There is nearly universal agreement that the opening salvo of the Obama Administration's campaign to restore health to the financial system, delivered last week by new Treasury Secretary Geithner, fell with a loud and ugly thud. What is abundantly clear, however, is ...
IF PRESIDENT OBAMA AND TREASURY SECRETARY GEITHNER want to fix America's financial system and pull us out of recession, they should take $200 billion of " The plan helps the banks and other mortgage holders by giving them funds that could be ...
Obama to outline plan to help struggling homeowners next week; major lenders halt foreclosuresThe biggest players in the mortgage industry are halting home foreclosures while the Obama administration develops its plan to help struggling homeowners.The White House said President Barack Obama on ...
reports that Humana (HUM), Health Net and UnitedHealth (UNH) are all changing their strategies for offering Medicare Advantage plans to eligible seniors. " Now President Obama wants to extract 15% in excessive fees that the Advantage plans cost over traditional Medicare.. President ...