Jump to content



Photo

Treasury Secty Tim says


  • Please log in to reply
15 replies to this topic

#1 Islander

Islander

    Member

  • Traders-Talk User
  • 2,551 posts

Posted 30 June 2011 - 03:30 PM

When the ship is foundering, the crew takes to the lifeboats, but not the rats too. Is this a signal of some sort? Former Naval Person, Islander <_<

#2 milbank

milbank

    Member

  • TT Patron+
  • 4,714 posts

Posted 30 June 2011 - 03:50 PM

When the ship is foundering, the crew takes to the lifeboats, but not the rats too.
Is this a signal of some sort?

Former Naval Person, Islander <_<


Source?

"The power of accurate observation is commonly called cynicism by those who have not got it."
--George Bernard Shaw


"None are so hopelessly enslaved as those who falsely believe they are free."
--Johann Wolfgang von Goethe


#3 Chilidawgz

Chilidawgz

    A fool and his money... (the second mousie gets the cheese)

  • Traders-Talk User
  • 5,626 posts

Posted 30 June 2011 - 04:01 PM

Geithner mulling departing post
Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 June 2011 - 04:10 PM

And he will be replaced by Jamie Dimon. Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 30 June 2011 - 05:41 PM

Getting out just ahead of the US Sovereign Downgrade. Who wants to be captain of that ship? :lol:
Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 30 June 2011 - 05:52 PM

Getting out just ahead of the US Sovereign Downgrade.

Who wants to be captain of that ship?

Gee, I don't know, but I do find it intriguing that Geithner was in charge of the New York Fed during the Bear Stearns and Lehman Brothers collapse, wasn't he?

Good riddance...the sooner the better.

Fib

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#7 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,870 posts

Posted 30 June 2011 - 06:39 PM

It's "The Circle Of Life" as he heads to GS! :lol: :o <_< :angry:

Instead of prison.

He paid some of the taxes after being audited by the Internal Revenue Service and didn’t pay the rest until it was clear that he would be nominated for the Treasury post, according to the Senate Finance Committee.

Let me or you try that one.


GEITHNER WANTS OUT


Geithner Oversaw Largest Debt Increase Of Any Treasury Sec. In History...

GREENSPAN: Fed's Massive Stimulus Program Had Little Impact on Economy...

Edited by Rogerdodger, 30 June 2011 - 06:42 PM.


#8 DrSP

DrSP

    Member

  • Traders-Talk User
  • 2,391 posts

Posted 30 June 2011 - 07:04 PM

I fail to understand how a private bank CEO like Dimon is being allowed to work for New York Fed. Both are conflicting positions. Although we know that the Feds stoop to the bank, this one is too direct. I hadn't voiced this opinion because I think we never had a discussion on this topic.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#9 arbman

arbman

    Quant

  • Traders-Talk User
  • 19,504 posts

Posted 30 June 2011 - 08:49 PM

Nice joke Dr SP, you should also start talking about public service and national interests, and the bankers in the same sentence... Those are the best... Alright maybe, Larry Summers and Harvard economics... I cannot decide which one is more hilarious... After all, none of them can be true, tell me they aren't...

#10 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 30 June 2011 - 10:01 PM

I fail to understand how a private bank CEO like Dimon is being allowed to work for New York Fed. Both are conflicting positions. Although we know that the Feds stoop to the bank, this one is too direct. I hadn't voiced this opinion because I think we never had a discussion on this topic.


The Ivy league boys...the Fed...the Bankers...the Treasury....It's a racket !

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV