Tuesday, May 13, 2014

Geithner is trying to rewrite history in new book

All that trading experience came in handywhen Treasury Secretary Hank Paulson and his pals on Wall Street needed to rig the stock market in 2007-08. Geithner at the time was still heading the NY Fed and a year from taking over for Paulson.
In one five-hour period that started before the market opened on Sept. 18, 2008, for instance, Geithner either called or was called by Paulson six times. During the same time period, Paulson was also speed-dialing the heads of a number of well-connected Wall Street firms.
http://nypost.com/2014/05/12/geithner-is-trying-to-rewrite-history-in-new-book/

http://www.newyorker.com/reporting/2009/09/21/090921fa_fact_stewart?currentPage=all

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