ThinkAboutit1
New member
- Feb 6, 2009
- 18
- 0
- 1
the private sector? I was reading about Timothy Geithner - the US Secretary of the Treasury (who for years never paid federal taxes). In 2007 his government income was over $398,000 plus benefits (does any government employee deserve that much? Who knows what it is now that he got a promotion to Secretary of the Treasury). He worked with then US Secretary of the Treasury Henry Paulson, who was also the CEO of Goldman Sachs, and together they gave their company billions in bailout money in addition to AIG who they were creditors of. Isn't there like a conflict of interest, to work for the Treasury and at the same time take treasury money to pay off your debt for your crook stock brokers? It was interesting to read that he also worked with Obama's mother in the 80s, when he oversaw Ford Foundation's microfinance department that was founded by Obama's mother (who was supposedly a poor struggling lady lol) and in return for all the favors Obama appointed him as Secretary of the Treasury. Is there a way to find out what this crook tax evader's salary has ballooned to now?
No, I got my facts from wikipedia who lists all their sources. Sorry, no Glen Beck. You guys just love to throw everyone in one category and TRY to discredit valuable info they post. And it doesn't make sense for someone's government salary to go from $398K to 191K when they get a huge promotion so I'm not buying the 191K figure. I wouldn't trust anything coming out of that man's mouth anyway.
Oops, correction. It was his father who worked with Obama's mother:
Geithner's paternal grandfather, Paul Herman Geithner (1902–1972), emigrated with his parents from the German town of Zeulenroda to Philadelphia in 1908.[9] His father, Peter F. Geithner, was the director of the Asia program at the Ford Foundation in New York in the 1990s. During the early 1980s, Peter Geithner oversaw the Ford Foundation's microfinance programs in Indonesia being developed by Ann Dunham Soetoro, President Barack Obama's mother, and they met in person at least once.[10]
AND to the skeptics who deny "my" info as much as I hate to post sources you can well look up yourself:
In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[16] He was director of the Policy Development and Review Department (2001–2003) at the International Monetary Fund.[7]
In October 2003 at age 42,[17] he was named president of the Federal Reserve Ban
In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[16] He was director of the Policy Development and Review Department (2001–2003) at the International Monetary Fund.[7]
In October 2003 at age 42,[17] he was named president of the Federal Reserve Bank of New York.[18] His salary in 2007 was $398,200.[19] As President of the New York Fed, he served as Vice Chairman of the Federal Open Market Committee. In 2006, he also became a member of the Washington-based financial advisory body, the Group of Thirty.[20] In May 2007 he worked to reduce the capital required to run a bank.[17] In November he rejected Sanford Weill's offer to take over as Citigroup's chief executive.[17]
In March 2008, he arranged the rescue and sale of Bear Stearns.[12][21] In the same year, he played a supporting role to Henry Paulson, former CEO of Goldman Sachs, in the decision to bail out AIG just two days after deciding not to rescue Lehman Brothers from bankruptcy. Some Wall Street CEOs subsequently expressed the opinion that decisions in which Geithner participated, especially the failure to rescue Lehman, contributed to worsening the global financial crisis.[22] As a Treasury official, he helped manage multiple international crises of the 1990s[14] in Brazil, Mexico, Indonesia, South Korea, and Thailand.[15]
No, I got my facts from wikipedia who lists all their sources. Sorry, no Glen Beck. You guys just love to throw everyone in one category and TRY to discredit valuable info they post. And it doesn't make sense for someone's government salary to go from $398K to 191K when they get a huge promotion so I'm not buying the 191K figure. I wouldn't trust anything coming out of that man's mouth anyway.
Oops, correction. It was his father who worked with Obama's mother:
Geithner's paternal grandfather, Paul Herman Geithner (1902–1972), emigrated with his parents from the German town of Zeulenroda to Philadelphia in 1908.[9] His father, Peter F. Geithner, was the director of the Asia program at the Ford Foundation in New York in the 1990s. During the early 1980s, Peter Geithner oversaw the Ford Foundation's microfinance programs in Indonesia being developed by Ann Dunham Soetoro, President Barack Obama's mother, and they met in person at least once.[10]
AND to the skeptics who deny "my" info as much as I hate to post sources you can well look up yourself:
In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[16] He was director of the Policy Development and Review Department (2001–2003) at the International Monetary Fund.[7]
In October 2003 at age 42,[17] he was named president of the Federal Reserve Ban
In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department.[16] He was director of the Policy Development and Review Department (2001–2003) at the International Monetary Fund.[7]
In October 2003 at age 42,[17] he was named president of the Federal Reserve Bank of New York.[18] His salary in 2007 was $398,200.[19] As President of the New York Fed, he served as Vice Chairman of the Federal Open Market Committee. In 2006, he also became a member of the Washington-based financial advisory body, the Group of Thirty.[20] In May 2007 he worked to reduce the capital required to run a bank.[17] In November he rejected Sanford Weill's offer to take over as Citigroup's chief executive.[17]
In March 2008, he arranged the rescue and sale of Bear Stearns.[12][21] In the same year, he played a supporting role to Henry Paulson, former CEO of Goldman Sachs, in the decision to bail out AIG just two days after deciding not to rescue Lehman Brothers from bankruptcy. Some Wall Street CEOs subsequently expressed the opinion that decisions in which Geithner participated, especially the failure to rescue Lehman, contributed to worsening the global financial crisis.[22] As a Treasury official, he helped manage multiple international crises of the 1990s[14] in Brazil, Mexico, Indonesia, South Korea, and Thailand.[15]