Geithner Flips Out, Tongue-Lashes Regulators
By M. Morris, Newser Staff
Posted Aug 3, 2009 10:44 PM CDT
Larry Summers, FDIC chair Sheila Bair, Fed chair Ben Bernanke, Tim Geithner, and SEC chair Mary Schapiro (from left) at a February 2009 meeting at the Treasury Department in Washington.   (AP Photo/Gerald Herbert)

(Newser) – The heat is apparently getting to Tim Geithner. At a meeting last week with high-level financial regulators, the treasury secretary indulged in a potty-mouthed diatribe about delays in the administration's highly touted plan to overhaul the regulatory system, declaring, "enough is enough," the Wall Street Journal reports. Attendees included Ben Bernanke, FDIC chair Sheila Bair, and SEC chair Mary Schapiro.

At issue is the apparent reluctance of nominally independent entities to answer to the Fed—and the White House. Geithner "wanted to make sure that, since everyone had agreed on the importance of achieving reform this year, everyone stayed focused on that goal," deputy secretary Neal Wolin told the Journal, which blandly notes that Wolin "declined to comment on Mr. Geithner's tone and language."

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Showing 3 of 16 comments
Kenja
Aug 6, 2009 12:38 PM CDT
You know, when a person loses his self-control it just reflects their judgement
northeast
Aug 5, 2009 11:56 AM CDT
It's way too complicated....for the general public. Not the fucking head of the Treasury Department. If you can't file an income tax, maybe you aren't the guy who should be supervising the IRS.
cognitivefilter
Aug 5, 2009 4:09 AM CDT
geithner---stop wearing thongs it's clearly getting to you. they're not for everyone. i also fail to see how chairing the fed then being pumped into the white house isn't a conflict of interest, considering the fed is a private entity. we slaves to the fed, man