05 Aug

There may come a day when we remember the Timmeh with some wistfulness. Gosh, we’ll say, remember the good old days when the treasury was run by a former IMF goonie, tax cheat who didn’t see the financial meltdown/housing bubble of ’08 coming, and who thought the DOW was the economy despite the note written by his secretary in lipstick on his restroom mirror which read, “The DOW is not the economy, Tim. Jobs are the economy, Tim.”?

From article on whether Timmeh will stay or go (Oblahblah is apparently begging Timmeh to stay):

…The prospects of being drawn into an election-year confirmation brawl could deter some who might be considered as Mr. Geithner’s successor. Among those named by people familiar with administration thinking are Jamie Dimon, the chief executive of JPMorgan Chase; Jeffrey R. Immelt, the chairman of General Electric and of Mr. Obama’s Council on Jobs and Competitiveness; Roger Altman, a deputy Treasury secretary in the Clinton administration; and Erskine Bowles, a former White House chief of staff to President Bill Clinton and co-chairman of Mr. Obama’s fiscal commission in 2010.

Some Democrats say Mr. Bowles might be one of the few people who could surmount the opposition of Senate Republicans, given his good relations with some of them after his work on the bipartisan fiscal commission….

Erskine Bowles?  The catfood commission guy?  Jeffrey Immelt?  The guy who sent most of the GE jobs overseas?  Jamie Dimon?  Jamie too-big-to-fail Dimon?  What, what, what?

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Posted by on August 5, 2011 in austerity, economy


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