Picture of the Day
He looks sooo young and unsure.
Someone in the Obama organization needs to take Geithner aside and give him a crash course in presentation.
No matter how good the ideas or how capable the man, he needs a much better "sell" .....for all our sakes.
(U.S. Federal Reserve Chairman Ben Bernanke, left, U.S. Treasury Secretary Timothy Geithner, center, and U.S. Deputy Assistant Secretary of Treasury Mark Sobel, right, attend the Group of Seven (G7) Finance Ministers and Central Bank Governors meeting, in Rome, Saturday, Feb. 14, 2009. (AP Photo/Pier Paolo Cito))
posted by mikevotes at
7:08 AM
3 Comments:
What he really needs, more than anything, is an actual "plan" for the banks. And if he doesn't have one, he had better manage expectations. After all the belittling of Paulsen, and all the buildup before releasing the "plan" he left us all feeling a bit like suckers who signed up for a self-help course and left wondering what the next steps actually are.
The market reacted to the "plan" by taking another 5% off the table.
By
Praguetwin, at 10:21 AM
I agree with that, BUT a stronger figure still would have made a difference.
The reality is the reality, but he could still use a little help.
By
mikevotes, at 11:42 AM
It's all about confidence. Where's Superman when you need him?
By
Anonymous, at 1:49 PM
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