Feb. 11 (Bloomberg) -- Treasury Secretary Timothy Geithner ducked the tough questions investors want answered as he rolledout a plan to repair the financial system -- and stock tradersmade him pay for it.
Henry Paulson ,frequently found himself in. That may mean the plan “may justend being an interim step,” said Kenneth Rogoff , a former chiefeconomist at the International Monetary Fund who’s now aprofessor at Harvard. “Tim Geithner did a great job in painting the broad strokesof the problem and laying out general principles, but it was abig disappointment not to have more details,” Rogoff said.
Full Story: Geithner Leaves Questions on Bank Plan and Markets Make Him Pay - Bloomberg
Henry Paulson ,frequently found himself in. That may mean the plan “may justend being an interim step,” said Kenneth Rogoff , a former chiefeconomist at the International Monetary Fund who’s now aprofessor at Harvard. “Tim Geithner did a great job in painting the broad strokesof the problem and laying out general principles, but it was abig disappointment not to have more details,” Rogoff said.
Full Story: Geithner Leaves Questions on Bank Plan and Markets Make Him Pay - Bloomberg
Leave a comment