On the Last Day of QE 2, We Hear Little Timmy the Tax Cheat Is Ready to Get the Heck Outta Dodge
What's next for Tim Geithner once he leaves Treasury? He's the last of Obama's economic nightmare team to depart at this point, and can likely scurry off to get fat on the ranch as he's accomplished whatever it was he was put there to do. What was it again? Get Goldman 100 cents on the dollar for their crap AIG positions? Oh no, that was when he was at the NY Fed, nevermind.
WaPo via Bloomberg:
Treasury Secretary Timothy F. Geithner, an architect of the Obama administration’s economic strategy, has told the president that he may seek as soon as this summer to resign, according to people familiar with the matter.
Geithner’s departure would mark the loss of Obama’s longest-serving economic adviser at a time when the recovery has slowed and the unemployment rate remains stubbornly high.
Geithner has told the White House he will wait until the conclusion of talks with Congress over the nation’s debt before deciding whether to leave, according to the people familiar with the matter.
Anyone else find this timing suspicious? It's a miracle he's lasted this long.