Treasury

There was big news yesterday out of the financial-crisis book industry: Former Treasury Secretary Tim Geithner has inked a deal with the Crown imprint of Random House. READ MORE >>

While Washington was obsessing Wednesday over whether or not the oh-so-intimidating Gene Sperling had threatened Bob Woodward over his deeply misguided take on the budget sequester, another veter READ MORE >>

I guess there are two theories on this question: 1.) That the Chinese have a huge amount of leverage over us because we owe them over $1 trillion; it's only natural that we'd pull our punches under the circumstances. 2.) Obama's believes you're more likely to make progress through patience and dialogue than with in-your-face demands; his instincts are conciliatory rather confrontational. READ MORE >>

Moneyball

For the handful of people in charge of saving the U.S. economy, it’s been a grueling season. The last eight months have featured endless back-and-forths, tense stalemates, and spirited confrontations. Larry Summers, the president’s chief economic adviser, has drawn blood with his lacerating quips. Treasury Secretary Timothy Geithner has dropped expletives to signal his frustration. Even their aides have gotten in on the action. READ MORE >>

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