Barack Obama To Tap Tim Geithner For Treasury

Obama will nominate Timothy Geithner as Treasury Secretary, NBC is reporting.

 

 

 

 

 

  • He was born in Brooklyn.
  • He’s was the favourite of Robert Rubin, the Citi board member who served as Treasury Secretary under Bill Clinton.
  • He’s worked closely with Hank Paulson through this crisis, which should ease transition concerns.
  • Went to work in the International Affairs division of the US Treasury Department in 1988.
  • Very involved in bailouts of Bear Stearns and AIG. Is said to have favoured a bailout of Lehman Brothers before that firm went bankrupt.
  • He’s a flyfisherman.

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