Submitted by jodie Slothower02.12.2009
Thunderdome
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Betting closes on Dec 12 2009
Treasury Secretary Timothy Geithner may not have as much support from the Obama administration as he does from the New York banking industry.
He got dinged for failing to pay more than $34,000 in income taxes from 2001-04. Geithner has had a tough go convincing Democratic and Republican lawmakers on the revised bailout plans for the banks. Geithner also reportedly has had run-ins with Obama's top advisor David Axelrod on getting tougher with the banks.
If the U.S. economy doesn't respond quickly to the new plan, Geithner could be signaled as the one to blame.
Prediction: Treasury Secretary Tim Geithner resigns by Dec. 1, 2009.
Current Community Consensus 15%
Prediction Statistics
| Betting Closes: | Dec 12 2009 | Current Consensus: | 14.80% | Total Bets: | 39 |
| Today's Change: | 0% | ||||
| Life Time High: | 48.75% | ||||
| Life Time Low: | 14.80% |
Price History
Comments
Ah, it's starting. New York tech blog Silicon Alley Insider now has a Tim Geithner death watch.
President Obama signalling a loss of confidence in Geithner?
All this "witch hunt" for a scapegoat will play out. The other side of the story is Obama Administration: Didn't Find Out About AIG Bonuses Until After the additional $30B to AIG announced.
The truth is out ... the blame squares on Federal Reserve and not on Treasury or White House.
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