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Earlier in the day Marketwatch reported that Geithner and Obama...

  1. 1,916 Posts.
    Earlier in the day Marketwatch reported that Geithner and Obama flatly rejected the China proposal so what gives?

    http://www.marketwatch.com/news/story/Geithner-Bernanke-flatly-reject-China/story.aspx?guid={4F1A0BB1-EF3A-4D99-8DDD-7C6F87E61D4D}

    Meanwhile his former collegue Yellen (FRB San Francisco) doesn't seem sure what is working and what to do either.

    http://www.marketwatch.com/news/story/Yellen-pledges-no-retreat-policy/story.aspx?guid={B601CC14-9AB6-45B9-AC25-3931B3BC7713}

    Hard to believe that they could "orchestrate" anything - but is that the intention?

    On the subject of Treasury Secretaries - the ex from Bush's initial administration (Paul O'Neill) resigned his position early after being pushed for speaking out - has this to say on the current situation:

    http://www.youtube.com/watch?v=VMajlQZt1BE
 
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