Geithner to Be Nominated as Treasury Secretary

Geithner to Be Nominated as Treasury Secretary

President-elect Barack Obama plans to announce his economic team on Monday as part of an effort to reassure markets and will name New York Fed President Tim Geithner his nominee for Treasury Secretary, NBC News has learned.

Geithner was a U.S. Treasury Department official under both Bob Rubin and Larry Summers and has been with Treasury since 1988. Geithner’s nomination is anticipated barring last-minute changes, NBC reported.

Geithner has helped current Treasury Secretary Hank Paulson and his team manage the ongoing Wall Street bailout.

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Great news as this ongoing Wall Street bailout is working so well. *rolleyes*

Who do you have to know to get offered the job of Treasury Secretary? Let’s see…

Read “NY Fed’s Timothy Geithner has high-powered mentoring group”  – the source of the above graphic and much more detail about Mr. Geithner’s well established connections among the powers that be.

Now I get it!

Now I get it!

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