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Geithner Analysis

I love that our interview with Treasury Secretary Tim Geithner has its own life as an object of analysis.

Steve Waldman has an interesting take.

I felt sorry, at a personal level, for our Treasury Secretary, a very smart man imprisoned in a series of talking points, desperately afraid of the consequences of holding an honest conversation.


Mr. Geither's unspoken assumption is that fixing our financial system implies ensuring that incumbent troubled financial institutions are "strong". But that's not right. Our financial system is composed, in part, of financial institutions, but it is supposed to be larger and more robust than any specific firm.

Our friends at Baseline Scenario had more thoughts, these from James Kwak.



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