Commentaries

from Rolfe Winkler:

Morning Links 1-22

January 22, 2010

Geithner has reservations on US banks (Wutkowski/Eder, Reuters) More evidence that Geithner is a goner. Will Volcker replace him? Sheila Bair could be a dark horse. She has lots of Democratic fans on the Hill despite being appointed by a Republican. In any case, Geithner was on PBS last night defending the plan.

Barofsky audit a Fed, not Geithner, problem

November 17, 2009

Sure, Timothy Geithner led the negotiations with AIG counterparties when he headed the New York Fed last year, but TARP special inspector Neil Barofsky’s audit is damning where it really hurts the Fed. It raises the question of whether the central bank is a tough enough regulator at a time when Senator Christopher Dodd is calling for the Fed to be stripped of such power over big banks.

Obama’s AIG timidity

September 15, 2009

I’ve been pretty amazed at how silent the Obama administration has been about Robert Benmosche’s antics since becoming the well-compensated CEO of American International Group–the defacto government owned insurer.

from Rolfe Winkler:

Geithner: Some rescue programs will end, others won’t

September 10, 2009

Tim Geithner testified before the Congressional Oversight Panel for TARP this afternoon. A few interesting comments with respect to Treasury's bailout initiatives:

The capital games that banks play

September 3, 2009

Treasury Secretary Timothy Geithner’s call for the global banks to set aside bigger capital cushions to better absorb losses on souring securities and ailing loans is a good idea. But that alone won’t be enough to prevent another crisis.

Defoliating JC Flowers

September 2, 2009

William Cohan has a great takedown of J. Christopher Flowers and his struggling private equity firm in Fortune.

from Rolfe Winkler:

Talking warrants on TV

July 24, 2009

Recorded a segment for Reuters Insider today, the TV product in Beta here at 3 Times Square.

Geithner comes up empty

July 10, 2009

Tim Geithner took center stage on Capitol Hill today and once again he disappointed.

PPIP is a pipsqueak

July 8, 2009

The Treasury Department is finally out with its final version of a plan for ridding the banks of toxic assets and you have wonder why the Obama administration even bothered.

The people not in the room

June 17, 2009

President Obama says he wanted a “light touch” in his adminstration’s approach to regulatory reform. And he certainly appears to have gotten that, after a quick read of a draft copy of the administration’s 85-page “white paper.”