Tag Archives: Banking Crisis

Geithner Rolls the Dice

Posted on March 24, 2009 by billmanzi

The long awaited financial plan designed to aid and revive the country’s banking system was unveiled by Treasury Secretary Tim Geithner yesterday. Wall Street rallied on the news, sending the stock market up 7 percent for the day. Geithner is … Continue reading →

Posted in National News, Uncategorized | Tagged , | 3 Comments

Tim Geithner Under Fire

Posted on March 8, 2009 by billmanzi

Tim Geithner, as the face of the Administration, is increasingly under fire for what many are calling a failure to take the bold steps necessary to put our financial system back in order. And much of the criticism is from … Continue reading →

Posted in National News | Tagged , | 5 Comments

The Arrogance of CEO’S

Posted on January 22, 2009 by billmanzi

Bank of America, finding itself in a little bit of trouble these days, announced the resignation of John Thaine, the former CEO of Merrill Lynch. Bank of America had begun to rethink the offer to acquire Merrill Lynch in light … Continue reading →

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The Banking and Finance Sector Crater

Posted on January 21, 2009 by billmanzi

On his first full day in office President Obama is facing a global banking crisis that has been getting worse instead of better, with an initial application of help from governments around the world having little impact. The figures are … Continue reading →

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