Thursday, January 28, 2010

Geithner and his critics

Treasury Secretary Tim Geithner faced his critics in Congress yesterday and they were angry. There was bipartisan agreement in attacking the AIG bailout. It is a complicated issue, of course. But given the quality of these critics I cannot help feeling support for Geithner. Where was Congress then? Have they agreed on a mechanism to shut down large financial institutions? Do they remember how close we were to meltdown last year?

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