Tag Archives: timothy geithner
Obama: Small Business Loans and Refinancing are Keys to Economic Recovery
New York (HedgeCo.Net) – President Obama met with Federal Reserve Chairman Ben Bernanke and Treasury Secretary Timothy Geithner on Friday, after which he told reporters there are “glimmers of hope across the economy.” The meeting, which was also attended by […]
Geithner May Oust Executives at Banks Needing ‘Exceptional’ Aid
Bloomberg – Treasury Secretary Timothy Geithner said he’s prepared to oust executives and directors at banks that require “exceptional” assistance from the U.S. government. “If in the future, banks need exceptional assistance in order to get through this, then we […]
Uncle Sam?s hedge fund is risk for economic recovery
Fort Worth Business Press – The rescue of the American financial system proposed by Treasury Secretary Timothy Geithner is, in all but name, a gigantic hedge fund. The government would lend vast sums to private investors to enable them to […]
Geithner Wants Federal Supervision of Hedge Funds, Private Equity Firms
New York (HedgeCo.Net) – If Treasury Secretary Timothy Geithner gets his way, hedge funds and private equity firms will be placed under the supervision of the federal government. “Over the past 18 months, we have faced the most severe […]
Treasury chief seeking power over hedge funds
Houston Chronicle – Treasury Secretary Timothy Geithner will ask Congress to bring large hedge funds, private-equity firms and derivatives markets under federal supervision for the first time as part of a revamp of U.S. financial rules. The Treasury chief will […]
Obama Outlines Toxic Asset Plan – Pressure is on Private Investors, Hedge Funds
New York (HedgeCo.Net) – The Obama administration has unveiled its much anticipated program aimed at clearing toxic assets from the books of U.S. banks and finding a middle ground between inaction and nationalization. By financing the purchase of up to […]
Obama Seeks Investors in Plan to Buy Illiquid Assets
Bloomberg – The Obama administration will announce details of a plan today to expand the $700 billion rescue of the financial system that will rely on enticing private investors to buy the troubled assets clogging banks’ balance sheets. Treasury Secretary […]
