- Al Jazeera
- AlterNet
- Angry Bear
- BBC World
- Brad DeLong
- Calculated Risk
- Corporate Crime Reporter
- Credit Writedowns
- Crossing Wall Street
- Danny Schecter
- Dean Baker
- Econbrowser
- Economic Outlook Group
- FactCheck.org
- Felix Salmon
- FiveThirtyEight (Nate Silver)
- Interfluidity
- Maureen Dowd
- Media Matters for America
- Mish
- Naked Capitalism
- Nouriel Roubini
- OpenSecrets Blog
- PolitiFact
- Pragmatic Capitalism
- Project Syndicate
- Real Clear Politics
- Republic Report
- Roosevelt Institute
- Salon
- Seeking Alpha
- Talking Points Memo
- The Big Picture (Barry Ritholtz)
- The Business Insider
- The Reformed Broker (Josh Brown)
- Truthdig
- VoteVets.org
- December 2023
- January 2023
- December 2021
- December 2020
- December 2019
- December 2018
- December 2017
- September 2017
- December 2016
- September 2016
- March 2016
- October 2015
- July 2015
- January 2015
- May 2014
- February 2014
- November 2013
- October 2013
- September 2013
- August 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
- October 2012
- September 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
Tip Jar
Stock Market
Blogroll
Archives
About TheCenterLane.com
TheCenterLane.com offers opinion, news and commentary on politics, the economy, finance and other random events that either find their way into the news or are ignored by the news reporting business. As the name suggests, our focus will be on what seems to be happening in The Center Lane of American politics and what the view from the Center reveals about the events in the left and right lanes. Your Host, John T. Burke, Jr., earned his Bachelor of Arts degree from Boston College with a double major in Speech Communications and Philosophy. He earned his law degree (Juris Doctor) from the Illinois Institute of Technology / Chicago-Kent College of Law.
© 2024 TheCenterLane.com
proSlate Theme by Pro WP Themes
Geithner Watch
August 19, 2010
It’s that time once again. The Treasury Department has launched another “charm offensive” – and not a moment too soon. “Turbo” Tim Geithner got some really bad publicity at the Daily Beast website by way of a piece by Philip Shenon. The story concerned the fact that a man named Daniel Zelikow — while in between revolving door spins at JP Morgan Chase — let Geithner live rent-free in Zelikow’s $3.5 million Washington townhouse, during Geithner’s first eight months as Treasury Secretary. Zelikow (who had previously worked for JP Morgan Chase from 1999 until 2007) was working at the Inter-American Development Bank at the time. The Daily Beast described the situation this way:
The Daily Beast story came right on the heels of Matt Taibbi’s superlative article in Rolling Stone, exposing the skullduggery involved in removing all the teeth from the financial “reform” bill. Taibbi did not speak kindly of Geithner:
Just when it became clear that Geithner needed to make some new friends in the blogosphere, another conclave with financial bloggers took place on Monday, August 16. The first such event took place last November. I reviewed several accounts of the November meeting in a piece entitled “Avoiding The Kool -Aid”. Since that time, Treasury has decided to conduct such meetings 4 – 6 times per year. The conferences follow an “open discussion” format, led by individual senior Treasury officials (including Turbo Tim himself) with three presenters, each leading a 45-minute session. A small number of financial bloggers are invited to attend. Some of the bloggers who were unable to attend last November’s session were sorry they missed it. The August 16 meeting was the first one I’d heard about since the November event. The following bloggers attended the August 16 session: Phil Davis of Phil’s Stock World, Yves Smith of Naked Capitalism, John Lounsbury for Ed Harrison’s Credit Writedowns, Michael Konczal of Rortybomb, Steve Waldman of Interfluidity, as well as Tyler Cowen and Alex Tabarrok of Marginal Revolution. As of this writing, Alex Tabarrok and John Lounsbury were the only attendees to have written about the event. You can expect to see something soon from Yves Smith of Naked Capitalism.
At this juncture, the effort appears to have worked to Geithner’s advantage, since he made a favorable impression on Alex Tabarrok, just as he had done last November with Tabarrok’s partner at Marginal Revolution, Tyler Cowen:
It will be interesting to see whether the upcoming accounts of the meeting continue to provide Geithner with the image makeover he so desperately needs.