In an in depth article in Monday’s New York Times Jo Becker and Gretchen Morgenson paint a picture of the challenge facing Treasury Secretary Timothy Geithner during the ongoing financial crisis. Geithner is constantly being second-guessed about the rescue’s costs and results, as he is the...

Treasury Secretary Timothy Geithner announced the Obama administration’s plan to stabilize global credit markets today. The idea is to create a partnership between government and private investors which will hopefully jump-start new lending by absorbing $1 trillion in bank’s toxic assets. At...