Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Today's entertainment: Geithner tells Washington Treasury doesn't need any more bailout cash
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Friday, May 01, 2009
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From Newsmax:

U.S. Treasury Secretary Timothy Geithner told a group of Democratic senators the Obama administration would not soon return to Capitol Hill for more bank bailout funds, a key senator said on Thursday.

"I asked him if they'd need more TARP funding and he said 'No time soon,'" North Dakota Senator Kent Conrad, the Senate Budget Committee chairman, told Reuters after the lunch meeting, referring to the Treasury's Troubled Asset Relief Program.

The Treasury chief said he gave a broad overview of the state of the U.S. economy, but did not discuss so-called "stress tests" of the nation's largest 19 banks because "nobody asked about them."

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Topics: Government Stupidity | Todays entertainment | Boondoggle
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