In September 2005, Timothy Geithner made one of his most visible moves as a supervisor of the U.S. banking system. He summoned the nation's top financial firms and their regulators to streamline an antiquated system that threatened Wall Street's boom. Full Story »
Posted by Derek Hawkins
the story follows sec. geithner's actions as a federal reserve officer in the years prior to the failure of many financial institutions. the details here show clearly both that he was doing his job in questioning in attempting to figure out how much risk was involved in banks' actions and also that. his "diplomatic approach" wasn't enough, for which he takes responsibility. a very fair and in-depth piece.
