Comments on: Lunchtime Links 11-22 Option ARMageddon Tue, 14 Oct 2014 13:06:34 +0000 hourly 1 By: M Mon, 23 Nov 2009 05:16:19 +0000 Strange conclusion:
“Recall that he was chief of the NY Fed before he joined the administration. In that role he was supposed to regulate banks. Clearly he wasn’t a very tough regulator if, when the CEO spot at Citigroup opened up two years ago, Geithner was Sandy Weill’s first choice.”
Either you think Sandy Weill was very incapable so he would choose an easy push-over to replace himself, or, maybe, Geithner had shown himself a very capable chief of NY FED and regulator and therefore he was wanted by Weill? Clearly if he was not very good at his job he would not have been asked or even considered.