Where Will Geithner Go?

http://www.futureofcapitalism.com/2010/01/where-will-geithner-go

Bloomberg News columnist Caroline Baum imagines that Treasury Secretary Timothy Geithner is headed for a job at Goldman Sachs. Reuters' BreakingViews column, reprinted in the New York Times, imagines that he is headed for a job at Citigroup. Either way, neither columnist expects him to last as Treasury secretary. Maybe David Warsh, who predicted in March of 2009 that either Mr. Geithner or Lawrence Summers would be gone from the Obama administration by June of 2009, was not wrong, just early. I think it's much likelier that, if Mr. Geithner leaves the administration, he'd end up following Gene Sperling's route to somewhere like the Council on Foreign Relations, where he can make nearly $1 million a year from Goldman Sachs without anyone knowing about it until his next turn in government service.

by Editor  |  Jan 26, 2010 at 11:44 am Related Topics:  Lawrence Summers, Press, Timothy Geithner receive the latest by email: subscribe to the free futureofcapitalism.com mailing list