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Geithner: 'I'm Incredibly Angry'

Treasury secretary says he's sick of the criticism, mad at Wall Street

By Kevin Spak,  Newser Staff

Posted Feb 23, 2010 11:30 AM CST

(Newser) – Timothy Geithner is often seen as the cool, calculating co-architect of various bailouts, and a friend to Wall Street, but that image is all wrong, he insists. “I am incredibly angry at what happened to our country,” he says. In an affable interview with Vogue—he begins by saying his friends will give him “shit” for talking to the fashion mag—Geithner says he’s actually a hot-tempered public servant, immune to the charms of fame or money.

Geithner’s angry about many things. He’s irked that some seem to blame the Fed for failures at companies it didn’t even regulate—“They all got dumped on us when they went bad.” He’s even angrier with people who think he’s shilling for Wall Street, “even though I am constantly in a fight with them.” And, of course, he’s angry with the incorrigible banks themselves. “I don't think we can change Wall Street by exhorting and shaming,” he says. “We have to fix the rules.”

Treasury Secretary Timothy Geithner testifies on Capitol Hill, Feb. 3, 2010, before the House Ways and Means Committee on President Barack Obama's fiscal 2011 federal budget.
Treasury Secretary Timothy Geithner testifies on Capitol Hill, Feb. 3, 2010, before the House Ways and Means Committee on President Barack Obama's fiscal 2011 federal budget.   (AP Photo/Susan Walsh)
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COMMENTS
Showing 3 of 49 comments
DontLikeYou___
Feb 24, 2010 4:44 PM CST
Shill.
Count-Spatula
Feb 24, 2010 7:46 AM CST
You're angry? You're still employed, numb-nuts. And presumably still taking kickbacks.
yummines
Feb 24, 2010 1:37 AM CST
I just learned about the Gilded Age in US History a few months ago. then i just realized, just like today! think about it: government corruption, large companies dooming the average citizen, and complete lack of power behind regulations because of corruption. I think we need progressives again to get rid of all the crap that has been created by mass corruption of government and all of those large banks who screwed over most of the country. maybe not progressives, but at least someone to deal with this whole "big banks out of control" thing. they are passing new regulations on banks and such but banks always find some loophole to go around...
 

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