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Tim Geithner's Annotated Exit Interview: "F--- The Banks" And Other Pearls

Tyler Durden's picture





 

Today is Tim Geithner's last day as Treasury Secretary. Below are some quotes from various exit interviews and recaps conducted with the former NY Fed president. We provide our succinct annotations to some of his answers.

On the bank bailout:

 

“To save an economy from a failing financial system, you have to do things that are going to be fundamentally impossible to explain to people,” Geithner said. “You’re going to look like you’re giving money to people who were responsible for burning down the economy.”

He is correct - the people who "burned down the economy" have received over $2 trillion in money since the great financial crisis began courtesy of the Fed...

... and continue to receive $85 billion each month in gratitude for their hard work:

 

* * *

“F--- the banks,”:

 

One episode recalls how Geithner, widely thought to be a friend of the financial industry, reacted to concerns of banks protesting Obama’s push for new rules for Wall Street.  “F--- the banks,” he said, according to people familiar with the episode.

Another solid dose of the hypocrisy we have all grown to love and expect coming from the man who purposefully leaked material, non-public information to the banks ahead of the critical August 2007 Fed action, upon which the banks subsequently acted as we first reported:

MR. LACKER. If I could just follow up on that, Mr. Chairman.

 

CHAIRMAN BERNANKE. Yes, go ahead.

 

MR. LACKER. Vice Chairman Geithner, did you say that [the banks] are unaware of what we’re considering or what we might be doing with the discount rate?

 

VICE CHAIRMAN GEITHNER. Yes.

 

MR. LACKER. Vice Chairman Geithner, I spoke with Ken Lewis, President and CEO of Bank of America, this afternoon, and he said that he appreciated what Tim Geithner was arranging by way of changes in the discount facility. So my information is different from that.

 

CHAIRMAN BERNANKE. Okay. Thank you. Go ahead, Vice Chairman Geithner.

 

VICE CHAIRMAN GEITHNER. Well, I cannot speak for Ken Lewis, but I think they have sought to see whether they could understand a little more clearly the scope of their rights and our current policy with respect to the window. The only thing I’ve done is to try to help them understand—and I’m sure that’s been true across the System—what the scope of that is because these people generally don’t use the window and they don’t really understand in some sense what it’s about.

F--- the banks indeed... But not before we give them a few [_]illion dollars in funding.

* * *

On rewriting the nation’s financial rules:

 

Early in the process, during a meeting with Obama at the White House, Jamie Dimon, the chief of executive of JPMorgan Chase, made an offer to come with other bankers to Treasury to help develop the broad framework for how to tighten oversight of Wall Street.  Geithner declined. Dimon followed up. Geithner declined again. Dimon grew frustrated and complained personally to Obama and others in the White House that Geithner was being unhelpful, according to people familiar with the matter.

 

“Whiners”:

 

To his colleagues, the Treasury secretary described bankers who relentlessly protested the new regulations as “whiners” and, in routine meetings with top chief executives held at the Willard Intercontinental Hotel, he often told them they should stop fighting regulation.

That at least is the spin. Here are the facts as presented by Dallas Fed president Dick Fisher:

As of third quarter 2012, there were approximately 5,600 commercial banking organizations in the U.S. The bulk of these—roughly 5,500—were community banks with assets of less than $10 billion. These community-focused organizations accounted for 98.6 percent of all banks but only 12 percent of total industry assets. Another group numbering nearly 70 banking organizations—with assets of between $10 billion and $250 billion—accounted for 1.2 percent of banks, while controlling 19 percent of industry assets. The remaining group, the megabanks—with assets of between $250 billion and $2.3 trillion—was made up of a mere 12 institutions. These dozen behemoths accounted for roughly 0.2 percent of all banks, but they held 69 percent of industry assets.

 

In simple terms: total bank assets: $13 trillion; 69% of that is $9 trillion. So 12 banks, among which the very much "complaining" Jamie Dimon, and other "whiners" control $9 trillion. And that is how TBTF became TBTFest. But at least they are whining.

* * *

And last but not least:

What’s next?

 

“I have no idea what I’m going to do,” Geithner said. “For all my professional life, I’ve made basically one choice about what kind of work I want to do. And the reasons that led me to that are very powerful and are very enduring.”

 

Will Geithner be the next Fed chairman:

 

“Not a chance,” he said. “I have great respect for the institution, but that will be someone else's privilege.”

Instead of commenting, we will merely post Geithner's assessment of America's downgrade risk 4 months before it was downgraded.

Sources: Washington Post, Politico

* * *


 


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Fri, 01/25/2013 - 10:51 | Link to Comment francis_sawyer
francis_sawyer's picture

 “I have no idea what I’m going to do,” Geithner said. “For all my professional life, I’ve made basically one choice about what kind of work I want to do. And the reasons that led me to that are very powerful and are very enduring.”

~~~

I suppose he's referring to "GOD's work..."

Keep that in mind people... When you wake up in the morning, just remind yourself that GOD HATES YOU [& he wants Tim Geithner & friends to steal your money & turn in your guns]...

~~~

Theatre of the fucking absurd...

Fri, 01/25/2013 - 11:04 | Link to Comment krispkritter
krispkritter's picture

Perhaps TurboTax classes? Dancing With The Banksters? The Incredible Race (to ruin the economy)?

What's most pathetic is that if he plays his cards right and avoids 'ratting' out the rats and subsequently hot tubs, he's going to be well set from here on out while the rest of the country struggles to undo the work of this incompetent(and probably evil) pissant. A pox on you Timmy, Hell's not hot enough...

Fri, 01/25/2013 - 11:07 | Link to Comment economics9698
economics9698's picture

He's an actor collecting a paycheck.  Not many deep thoughts in that head.

Fri, 01/25/2013 - 11:12 | Link to Comment asteroids
asteroids's picture

He's a fucking weasel that has sold a retiring generation into poverty. You can thank this asshole and his friends for making you like the taste of macaroni and cheese sprinkled with cat food.

Fri, 01/25/2013 - 11:16 | Link to Comment redpill
redpill's picture

When comes the part where he says, "and God bless us, every one!"

 

Fri, 01/25/2013 - 11:34 | Link to Comment trav777
trav777's picture

they could have nationalized all those banks, incarcerated people, and then recapitalized by fiat....INSTEAD of handing those bankers a blank check.

But you have to remember, it's almost as if the people in financial chairs in Congress are RELATED to those who dominate the banking industry.

Fri, 01/25/2013 - 11:40 | Link to Comment markmotive
markmotive's picture

I hope you're OK with eating horsemeat.

Burgers, Banksters and Blackholes

http://www.planbeconomics.com/2013/01/24/keiser-report-burgers-banksters...

Fri, 01/25/2013 - 11:44 | Link to Comment economics9698
economics9698's picture

I think there is a lot of high quality cat food on the market these days that is readily available.

Fri, 01/25/2013 - 11:54 | Link to Comment francis_sawyer
francis_sawyer's picture

 "it's almost as if the people in financial chairs in Congress are RELATED to those who dominate the banking industry"

~~~

Not a chance ~ it's all just utter randomness... Like ~ you know ~ when you flip a coin 100x & it lands on its SIDE 99x out of 100...

Fri, 01/25/2013 - 11:56 | Link to Comment Scarlett
Scarlett's picture

in 12 months He'll be Chief Economist of JP Morgan, or whatever.  Cocksucker.

Fri, 01/25/2013 - 13:20 | Link to Comment Ms. Erable
Ms. Erable's picture

The motherfucking Geethner abides.

Fri, 01/25/2013 - 13:50 | Link to Comment knukles
knukles's picture

PIMPCO has an equity manglement job opening,

Fri, 01/25/2013 - 13:19 | Link to Comment SafelyGraze
SafelyGraze's picture

the flag in the background was decorated with the feared Golden Fringe Of Truth-o-meterness

http://oi50.tinypic.com/331esyb.jpg

spoiler: it's a single frame from the video .. you might have missed it

Fri, 01/25/2013 - 13:32 | Link to Comment DaveyJones
DaveyJones's picture

See: Iceland

Fri, 01/25/2013 - 11:14 | Link to Comment jcaz
jcaz's picture

Poor little Timmy- finally got even with all the people who gave him wedgies as a kid......  Feel better dude?

Pffftt- this dude is gonna cash in the graft he's collected and take the World Bank job, because in his mind, he's transcended mortal finance.....

In the real world, he couldn't land a gig at the tax table in a Walmart.....

Fri, 01/25/2013 - 11:43 | Link to Comment eclectic syncretist
eclectic syncretist's picture

He's looking a little constipated in that last photo there.  Probably been smuggling gold bars out of the Treasury by sticking them up his ass.

Fri, 01/25/2013 - 12:25 | Link to Comment Teamtc321
Teamtc321's picture

Wonder if Zero uses tong's to extract the bar's or just goes fist first in to grab the spoil's?

Gun Grabbing Frankenstein want's to know............

Fri, 01/25/2013 - 11:19 | Link to Comment kridkrid
kridkrid's picture

He's an errand boy sent by grocery clerks to collect a bill.

http://www.youtube.com/watch?v=nqjQG-Tw9FY

Fri, 01/25/2013 - 11:45 | Link to Comment Agent P
Agent P's picture

I, for one, would like to take this opportunity to thank Mr. Geithner for his service to his country and wish him only the best in his next career endeavor serving as the new spokesman for Lucky Charms cereal.

Fri, 01/25/2013 - 11:53 | Link to Comment hedgeless_horseman
hedgeless_horseman's picture

 

 

Rumor on the Street is Timmy took the Keebler offer.

In other news propaganda, Napolitano is waving the False Flag like a banshee...

 

 

Fri, 01/25/2013 - 12:20 | Link to Comment MiltonFriedmans...
MiltonFriedmansNightmare's picture

I hope Janet fucking chokes on her dildo.

Fri, 01/25/2013 - 13:17 | Link to Comment NotApplicable
NotApplicable's picture

So, in other words, they've got the net's infrastructure primed and ready to blow.

No wonder it took me so long to get ZH to load a bit ago. o_O

Fri, 01/25/2013 - 13:27 | Link to Comment 11b40
11b40's picture

Had the same problem.  Switched browsers and still would not load.  Must have been taht way for about 10 minutes.

Fri, 01/25/2013 - 14:22 | Link to Comment Silver Bug
Silver Bug's picture

Good riddance Timmah!

 

http://schiffblog.blogspot.ca/

Fri, 01/25/2013 - 11:05 | Link to Comment economics9698
economics9698's picture

TBTF = NYC elites control of the world through banking.

The original goal of the Fed in 1913,

If the TBTF failed then we would have a republic once again.

Fri, 01/25/2013 - 12:01 | Link to Comment jimijon
jimijon's picture

London dear Sir controls NYC.

Fri, 01/25/2013 - 12:43 | Link to Comment francis_sawyer
francis_sawyer's picture

"City of"... [but your point is nonetheless implied]

Fri, 01/25/2013 - 13:50 | Link to Comment trav777
trav777's picture

no; they migrated.  CoL has some ownership of the racket, but so do home-grown interests.

The power of oil immutably shifted the axis of power toward NYC.  Those who held the money power were forced to share.  The War chased a lot of moneychangers west as bet-hedges too.

Fri, 01/25/2013 - 17:15 | Link to Comment francis_sawyer
francis_sawyer's picture

I'll tell you where they are... They're in my fucking pocket... That's where you'll find them 24/7 if you're looking...

Fri, 01/25/2013 - 10:45 | Link to Comment homersimpson
homersimpson's picture

Hand me my Kleenex. This was such a touching eulogy.

Fri, 01/25/2013 - 11:09 | Link to Comment DaveyJones
DaveyJones's picture

plus he's a snot

Fri, 01/25/2013 - 11:16 | Link to Comment redpill
redpill's picture

He probably gets armed guards for life.

Fri, 01/25/2013 - 11:21 | Link to Comment kridkrid
kridkrid's picture

They're done with him... what do they care.

Fri, 01/25/2013 - 14:03 | Link to Comment NotApplicable
NotApplicable's picture

Given all of the tools still around from 80's, my guess is they'll recycle him some day eventually. While he certainly doesn't want to be to close when it all collapses, I'll bet they bring him back later to help "rebuild," since he "saved us" so well these last few years.

I'm still wondering what position Al Gore is waiting to obtain (other than carbon credit billionaire, that is). Maybe he has to wait until the UN obtains "legitimacy" as an organ of global governance?

Fri, 01/25/2013 - 15:19 | Link to Comment Pure Evil
Pure Evil's picture

He'll probably have to be suicided due to the fact that he knows too much.

Better run home and hide under the bed Little Timmah.

Its a shame the helicopter pilot flying Hillary around the Iraq was able to control the helicopter as it crashed, because if its true she was involved in a helicopter crash someone may have been trying to suicider her ass.

Fri, 01/25/2013 - 13:35 | Link to Comment Dr. No
Dr. No's picture

To bad it wont happen... I do appreciate your optimism.  Thinking he will be in prision with armed guards around him.

Fri, 01/25/2013 - 12:36 | Link to Comment LongSoupLine
LongSoupLine's picture

I really hate that little fucker.

Fuck you Geithner. Asshole.

Fri, 01/25/2013 - 11:09 | Link to Comment economics9698
economics9698's picture

Yes Timmy should hand out a few tissues after inserting his organ up the public’s ass.

Fri, 01/25/2013 - 10:49 | Link to Comment otto skorzeny
otto skorzeny's picture

now he gets to go be Lloyd Hebefein's houseboy in that new overpriced shithole in the Hamptons that he bought. "Boy-I say Boy-you missed a spot right there"

Fri, 01/25/2013 - 12:12 | Link to Comment eclectic syncretist
eclectic syncretist's picture

He deserves a posse led trip out to Walstreetpro2's woodshed for an extended late night debriefing.

http://www.youtube.com/watch?v=J67X1K9pDOw

Fri, 01/25/2013 - 13:37 | Link to Comment FEDbuster
FEDbuster's picture

Sure do miss Kevin's videos and rage.

Fri, 01/25/2013 - 12:40 | Link to Comment krispkritter
krispkritter's picture

I'm sure they'll all be wonderfully happy together...Bill and Shillary included:

http://www.nypost.com/p/pagesix/clintons_browse_hamptons_KfRjejukAuE6sZ8...

Fri, 01/25/2013 - 10:49 | Link to Comment ghengis86
ghengis86's picture

Fuck the Geithner!

Fri, 01/25/2013 - 11:39 | Link to Comment Tsunami Wave
Tsunami Wave's picture

Fuck you Timothy Jeethner!

Fri, 01/25/2013 - 10:50 | Link to Comment DavidC
DavidC's picture

Weasel.

DavidC

Fri, 01/25/2013 - 10:51 | Link to Comment The Aviator
The Aviator's picture

in other news...the Swiss want their gold back from Timmy's NY Fed now as well.

http://www.silverdoctors.com/gold-bank-run-accelerating-now-the-swiss-wa...

Fri, 01/25/2013 - 12:45 | Link to Comment francis_sawyer
francis_sawyer's picture

oh great... who comes next after Mali?... Should we do this alphabetically? Or should we just throw darts?

Fri, 01/25/2013 - 13:26 | Link to Comment NotApplicable
NotApplicable's picture

Gold Wars, Pt. 2

Mr. Ferdinand Lips would be amused. Bernanke meanwhile, surely must be scratching his head at this "traditional" bank-run.

Fri, 01/25/2013 - 10:52 | Link to Comment Wakanda
Wakanda's picture

Tim, don't let the screen door hit your skinny ass on the way out.

Fri, 01/25/2013 - 10:55 | Link to Comment otto skorzeny
otto skorzeny's picture

I think Timmy likes to be "hit" in the ass-you know those East Coast Ivy league elites and their English predilections

Fri, 01/25/2013 - 11:18 | Link to Comment Shell Game
Shell Game's picture

Oh to be able to hit him with my baseball bat on the way out.....

Fri, 01/25/2013 - 14:08 | Link to Comment NotApplicable
NotApplicable's picture

"We had our words, a common spat

So I kissed him upside the cranium

with an aluminum baseball bat

My name is Mud"

Fri, 01/25/2013 - 14:28 | Link to Comment Ljoot
Ljoot's picture

Good one. Have a pork soda on me!

 

Fri, 01/25/2013 - 10:53 | Link to Comment ptoemmes
ptoemmes's picture

http://www.tnr.com/print/blog/112152/timothy-geithners-exit-interview

 

 

LA: One of the ways that people have figured out in the past to reconcile the politics was to go populist. That was what Roosevelt did. You, on the other hand, had been resolutely against that. You refer to it as Old Testament justice, implying that while it may be emotionally satisfying, it doesn’t serve any purpose.

TG: I never used that phrase as a pejorative description. I just used it as a simple shorthand to refer to the understandable need people had for justice. But the President didn’t ask me to come do this to be the architect of a political strategy. I never felt that was my thing. I had some views on the issue, but I didn’t give them much weight. I thought my job was to figure out the financial parts.

 

Hmmm...Old Testament justice would have worked for me.

We now know Lanny Breuerwas not all that interested in justice either.  The SEC, nope.  Hello, Barak, anyone home? (I know the answer to that)

 

Pete

 

Fri, 01/25/2013 - 13:32 | Link to Comment NotApplicable
NotApplicable's picture

Wait, this is real? I initially read it as satire!

Give me that

old time religion.

Give me that

old time religion.

Give me that

ole time religion.

It's good enough for me.

Fri, 01/25/2013 - 10:57 | Link to Comment MassDecep
MassDecep's picture

Just ask Egan Jones about the US downgraded Credit rating. I bet they don't have much more to say....

 

Kind of like dropping the soap at your friendly federal penitentiary prison shower fest. Oops!

Gov Mob rules

 

Fri, 01/25/2013 - 13:33 | Link to Comment NotApplicable
NotApplicable's picture

They should just go full-retard, and relocate their offices to Moscow. Then the fun could really get going!

Fri, 01/25/2013 - 10:55 | Link to Comment Dr. Engali
Dr. Engali's picture

I have an idea what he can do...but he probably won't like it too much...

Fri, 01/25/2013 - 11:18 | Link to Comment hooligan2009
hooligan2009's picture

you never know...maybe he likes toilet brushes

Fri, 01/25/2013 - 12:13 | Link to Comment ParkAveFlasher
ParkAveFlasher's picture

He has a future as a process wonk that infest the American corporate landscape.  All flowchart, no value.

Fri, 01/25/2013 - 10:54 | Link to Comment Buzzworthy
Buzzworthy's picture

Rat BASTARD.

Fri, 01/25/2013 - 11:05 | Link to Comment Jacque Itch
Jacque Itch's picture

Beavis, bitchez!

Fri, 01/25/2013 - 11:19 | Link to Comment Mad Mohel
Mad Mohel's picture

That bitch even smiles like a rat. Just needs some whiskers.

Fri, 01/25/2013 - 10:55 | Link to Comment malikai
malikai's picture

It would be awesome if he'd jump off a bridge next.

Fri, 01/25/2013 - 10:57 | Link to Comment azzhatter
azzhatter's picture

Hard to think of a more despicable creature than this fucking prick. I hope he dies a horrible painful death

Fri, 01/25/2013 - 10:59 | Link to Comment Turin Turambar
Turin Turambar's picture

Krugman.  There.  It wasn't that hard.  ;-)

Fri, 01/25/2013 - 11:15 | Link to Comment malikai
malikai's picture

Krugman's a worhless piece of shit who talks too much, but has no real power.

Geithner is a crooked crone of the highest order, brokering power in the form of fiat for the oligarchy.

One is simply intellectually abominable, the other same, but with the ability to dole out wealth to the owners.

I'd rather have ten Krugmans. I can ignore them.

Fri, 01/25/2013 - 13:35 | Link to Comment NotApplicable
NotApplicable's picture

Yeah, but without tools like Krugspam, Timmah would have little room to operate.

Don't discount the facade-makers. As without them, the rest cannot help but be seen standing naked while looking extremely silly.

Fri, 01/25/2013 - 13:54 | Link to Comment Turin Turambar
Turin Turambar's picture

Never discount the value of the "intellectual" cover provided by people like Krugman.  These secular statist supporting intellectuals are the modern day version of the priestly class in the Throne Altar duopoly of power.

 

Fri, 01/25/2013 - 11:07 | Link to Comment DaveyJones
DaveyJones's picture

how come all I ever see is a sixth grader who needs his ass kicked?

Fri, 01/25/2013 - 16:57 | Link to Comment Cathartes Aura
Cathartes Aura's picture

 

 

won't you believe it

it's just my luck

no recess

Nirvana ~ School

I swear, this was playing as I read your post. . . synchronicity, shared.

oh, and once again ZH, exquisitely placed rat-fink-pic.

=^,,^=

Fri, 01/25/2013 - 10:56 | Link to Comment HD
HD's picture

Timmy has learned from his mistakes and has exciting career opportunities ahead...

http://www.hrblock.com/career/index.html

Fri, 01/25/2013 - 10:58 | Link to Comment moonstears
moonstears's picture

Every time Timmah sounded agitated at "banks", realize it was lip service for the masses released by the redshields(Reuters). That is all. 

Fri, 01/25/2013 - 11:33 | Link to Comment azzhatter
azzhatter's picture

Timmy I can't understand you with Jamie's cock in your mouth

Fri, 01/25/2013 - 11:02 | Link to Comment DaveyJones
DaveyJones's picture

you forgot my favorite: "mom said I'm the smartest one in the class"  

and who could forget: "how come I hear dad's car before anyone else?"

and the ever romantic: "meet me in the sach"

Fri, 01/25/2013 - 11:00 | Link to Comment spanish inquisition
spanish inquisition's picture

"We (central banker stooge wannabies) are not really different than chimpanzees on patrol, protecting the troop. Come into our territory and we will rip off your face or bite off your genitals. It's very simple and rather elegant, if you think about it" - Timmay exit interview

Fri, 01/25/2013 - 11:03 | Link to Comment buzzsaw99
buzzsaw99's picture

when it comes to the banks the treasury is the fuck-ee not the fuck-er

Fri, 01/25/2013 - 11:04 | Link to Comment Acet
Acet's picture

“To save an economy from a failing financial system, you have to do things that are going to be fundamentally impossible to explain to people,” Geithner said. “You’re going to look like you’re giving money to people who were responsible for burning down the economy.”

 

Yeah well, giving money to your buddies in the finance industry who burned down the economy does look a lot like "giving money to people who were responsible for burning down the economy".

If it looks like a duck, quacks like a duck and walks like a duck, that's because it's a duck

Fri, 01/25/2013 - 11:31 | Link to Comment ArkansasAngie
ArkansasAngie's picture

I know fraud when I see it.

 

Fri, 01/25/2013 - 15:03 | Link to Comment catacl1sm
catacl1sm's picture

And floats like a witch.

Fri, 01/25/2013 - 11:05 | Link to Comment Everybodys All ...
Everybodys All American's picture

If justice were truly served he would not make it through the next railroad crossing.

Fri, 01/25/2013 - 11:05 | Link to Comment SDRII
SDRII's picture

All is well China joining the gold ETF orgy

China's securities regulator published provisional rules for the operation of gold exchange-traded funds (ETF) on Friday, paving the way for introducing such business into the country's financial market.

Fri, 01/25/2013 - 13:39 | Link to Comment NotApplicable
NotApplicable's picture

Well, at least they've got an avenue setup to profit from all the tungsten they've gotten from the Comex.

I wonder, at some point will the amount of paper claims on gold be fully balanced by the supply inflation caused by tungsten, ushering in a de facto gold/tungsten standard?

Fri, 01/25/2013 - 11:07 | Link to Comment orangedrinkandchips
orangedrinkandchips's picture

Stupid, worthless, no good, goddamn, freeloading son of a bitch. Retarded, big mouth, know-it-all, asshole, jerk.

 

 (You forgot ugly, lazy and disrespectful)

 

SHUT THE FUCK UP TIM AND GET ME A 1TRILLION DOLLAR BAILOUT!

Fri, 01/25/2013 - 11:32 | Link to Comment kridkrid
kridkrid's picture

Does Barry Manilow know that you raid his wardrobe?

Fri, 01/25/2013 - 11:36 | Link to Comment fuu
fuu's picture

Did I stutter?

 

also fuck you TIMMAY!

Fri, 01/25/2013 - 11:42 | Link to Comment kridkrid
kridkrid's picture

I expected more out of a varsity athlete.  Hey ahab, can I bum my doobage

Fri, 01/25/2013 - 11:45 | Link to Comment fuu
fuu's picture

Timothy, you've got to be number one! I won't tolerate any losers in this family...Your intensity is for shit! Win. Win! WIN!!!

Fri, 01/25/2013 - 12:03 | Link to Comment kridkrid
kridkrid's picture

you'll have to ride in the backseat because his nuts will have to ride shotgun.

Fri, 01/25/2013 - 13:42 | Link to Comment fuu
fuu's picture

That's the last time, Timmy. That's the last time you ever make me look bad in front of those kids, you hear me? I make $31,000,000 a year and I have a home and I'm not about to throw it all away on some punk like you. But someday when you're outta here and you've forgotten all about this place and they've forgotten all about you, and you're wrapped up in your own pathetic life, I'm gonna be there. That's right. And I'm gonna kick the living shit out of you. I'm gonna knock your dick in the dirt.

Fri, 01/25/2013 - 11:15 | Link to Comment Falconsixone
Falconsixone's picture

He better hope I don't see him in the poor little world.

Fri, 01/25/2013 - 11:16 | Link to Comment Mad Mohel
Mad Mohel's picture

No Tim, FUCK YOU!!!!!!!!

Fri, 01/25/2013 - 11:16 | Link to Comment Insideher Trading
Insideher Trading's picture

The next crisis must be right around the corner.

This way our new Treausury Sec. can flippantly declare it's not his fault, he just got there. Same thing when Bernanke became FED chairman at the height of the credit bubble on February 1, 2006.

It's just part of the game so that no one is held responsible...ever

Fri, 01/25/2013 - 11:31 | Link to Comment booboo
booboo's picture

I bet his wife fucks the mexican gardener while Timmeh plays Farmville. Deep down inside Tim knows he is an errand boy, a shill, never going to be a big dog.

Fri, 01/25/2013 - 11:47 | Link to Comment JR
JR's picture

Geithner, like a good banker-controlled government puppet full of confidence and sneers the same as most crooks, is following script better than a Louis L’Amour outlaw in The Trail to Peach Meadow Canyon – all media staged for the sheeple’s envy and indoctrination:

“Once you become an outlaw, a lot of things will change. You’ll have to kill, too. It’s one thing to kill in defense of your home, your family, or your country. It’s another thing when you kill for money or for power…

“It means power and money – all a man could want. If it is doubt about the future for outlaws that disturbs you, don’t let it. From now on it will be political connections and bribes, but with the money you’ll have to work with that should be easy.”

Fri, 01/25/2013 - 12:25 | Link to Comment tip e. canoe
tip e. canoe's picture

yes, it does seem like Timmah is trying extremely hard to imply a conscience to cover his ass.   what you must ask yourself is why is he bothering to do that?

Fri, 01/25/2013 - 13:44 | Link to Comment NotApplicable
NotApplicable's picture

Plausible Deniability, FTMFW!

Meanwhile, I just laugh everytime someone talks about politicians and their minions being held accountable "by the people" via VOTING.

Then I turn to the most pressing question in my mind about how to deal wiith this... Crack or meth?

Fri, 01/25/2013 - 11:19 | Link to Comment moneybots
moneybots's picture

When i look at his picture, i think of Lance Armstrong.

Fri, 01/25/2013 - 11:21 | Link to Comment CaptainSpaulding
CaptainSpaulding's picture

Nice teeth. Bullish for P&G, Makers of Crest and other fine products

http://www.pg.com/en_US/brands/beauty_grooming/crest.shtml

Fri, 01/25/2013 - 17:02 | Link to Comment Cathartes Aura
Cathartes Aura's picture

gnawing away at the foundations, whittling 'em down, both teeth and that which supports whatever you want to call "this" any more.

Fri, 01/25/2013 - 11:22 | Link to Comment slackrabbit
slackrabbit's picture

Timmay

If your in London, we have the Blackfriars Bridge  where bankers  love to hang themsevles from.

I live just down the road and will supply the rope is you need it.

regards

Slack

Fri, 01/25/2013 - 11:26 | Link to Comment IamtheREALmario
IamtheREALmario's picture

The more I think about it, the more I think that the answer is not to kill the banks, but for every bail out that takes place, every instance of extortion, money laundering or conspiracy, the CEO must spend 10 years in an orange jump suit getting buggared by Bubba. Take away the corporate shield of immunity and the criminal CEOs will clean up their act. Make them earn their ridiculous pay by taking on REAL RISK of a sore *ssh*le.

Fri, 01/25/2013 - 15:14 | Link to Comment waterhorse
waterhorse's picture

That's great for nighttime.  During the day the Too Big To Fail C-suite scum should be sentenced to chain gang labor in the desert heat, from sunrise to sunset.

Fri, 01/25/2013 - 11:29 | Link to Comment bankonzhongguo
bankonzhongguo's picture

Well I recently hope he dies soon.

Fri, 01/25/2013 - 11:32 | Link to Comment CheapBastard
CheapBastard's picture

There's always two of them: the Organ Grinder and the Monkey.

 

Was he the Monkey?

Fri, 01/25/2013 - 15:15 | Link to Comment waterhorse
waterhorse's picture

I think he's just the organ.

Fri, 01/25/2013 - 11:31 | Link to Comment Smegley Wanxalot
Smegley Wanxalot's picture

 

 

"F--- the Central Banks"

"F--- the government"

"F--- the Treasury" and

"F--- you too, Geithner"

 

FIFY

Fri, 01/25/2013 - 11:35 | Link to Comment Bastiat
Bastiat's picture

Dance, Spider!

Fri, 01/25/2013 - 11:36 | Link to Comment ebworthen
ebworthen's picture

Hey Timmy, you can say "Fuck the ebworthen!!!" to my face all day long if you'll give me $2 Trillion for nothing.

Fri, 01/25/2013 - 11:41 | Link to Comment RougeUnderwriter
Fri, 01/25/2013 - 11:46 | Link to Comment economics9698
economics9698's picture

Stating the obvious.

Fri, 01/25/2013 - 13:49 | Link to Comment NotApplicable
NotApplicable's picture

To us, perhaps. Question is, how much traction will it get amongst the herd?

Fri, 01/25/2013 - 23:42 | Link to Comment Shell Game
Shell Game's picture

Indeed, N/A, plays to a much more mainstream crowd. Ripples in the pool...

Fri, 01/25/2013 - 11:53 | Link to Comment Glass Seagull
Glass Seagull's picture

 

Guesses:

Fine the banks?

Foul the banks?

Find the banks?

Food the banks?

Fork the banks?

Flop the banks?

Flow the banks?

Fool the banks?

Are any of these close?  I hate not knowing...I hate it.

 

Fri, 01/25/2013 - 13:28 | Link to Comment Smegley Wanxalot
Smegley Wanxalot's picture

"Feed the banks" money

Fri, 01/25/2013 - 12:02 | Link to Comment BeetleBailey
BeetleBailey's picture

I hope...in about six months...we'll all be reading about him being slapped silly - repeatedly....and then never again hear from the douche.....

Fri, 01/25/2013 - 12:04 | Link to Comment Bahamas
Bahamas's picture

I remember a funny joke about Timma that somebody posted here on Zero Hedge about how to circumcise Geithner...something like cutting him under the chin...it was soooo funny!!!

Fri, 01/25/2013 - 12:20 | Link to Comment Arthur
Arthur's picture

goldman to hire Timmy.  15 Million as a signing bonus.

 

www.goldmansachs.com/geithnernewhire

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Just kidding

Fri, 01/25/2013 - 12:21 | Link to Comment H E D G E H O G
H E D G E H O G's picture

thank God and Greyhound the incompetent shit is leaving. should be taking up residence in Leavenworth.

Fri, 01/25/2013 - 12:26 | Link to Comment whoknoz
whoknoz's picture

..."I have no idea what I have done"...thank you and good night...

Fri, 01/25/2013 - 12:46 | Link to Comment WTFUD
WTFUD's picture

i like to consider myself a nice guy who on stumbling upon "anyone" in distress be it your son, daughter, husband, wife or granny i would do everything i could to assist or help out and would hope that you would return this human kindness/ instinct in my hour of need.
However, there are a few people i would not assist and at the top of the list would be Timmy Slag G. Quiz ; your driving down the road and come across a fella lying face down in a roadside ditch. you pull over to discover a semi concious Timmy G ; Do You?
a) kick him in the bollocks and relieve him of his wallet
b) run, reverse over him and drive off
c) tie gag him, throw him in the boot and to your basement extracting signed confessions
d) all of the above

Fri, 01/25/2013 - 13:24 | Link to Comment fuu
fuu's picture

e) Set him on fire and roast mashmellows.

Fri, 01/25/2013 - 13:25 | Link to Comment moonstears
moonstears's picture

I suppose turn him over and taken zee pee pee on his head in hopes of reviving while calling 911. I'm no fucking animal, man! You are too heartless!

Fri, 01/25/2013 - 13:07 | Link to Comment IridiumRebel
IridiumRebel's picture

Anyone else experience a ZH nonresponsive site? It was down in my neck of the woods for about a half hour.....I went into a sweaty fit and vomitted a little in my mouth as I was forced to get "news" from MSM sources.....

Fri, 01/25/2013 - 13:55 | Link to Comment Carnegie_IB
Carnegie_IB's picture

the information you need can be found in the ZH suggested reading, ZH disclosure etc. http://www.zerohedge.com/help/how-readtip-zero-hedge-without-attracting-...

Fri, 01/25/2013 - 13:55 | Link to Comment NotApplicable
NotApplicable's picture

Yep. I was beginning to think that Napalitano had released the cyber-hounds of war.

Sat, 01/26/2013 - 02:43 | Link to Comment ebworthen
ebworthen's picture

You anywhere near an SEC hub?

Lines probably burning hot downloading HD porn at SEC what with Timmy on the way out and the transition of bosses at Keystone Cop headquarters.

Why look for Jon Corzine?  I mean really, porn party time!  Crime?  What crime?  Madoff is jailed!

And, Egan-Jones has been spanked for telling the truth, so it's porn time at the SEC!

That cartoon porn really is a bandwidth hog...

Fri, 01/25/2013 - 13:22 | Link to Comment MrBoompi
MrBoompi's picture

Geithner is a dime a dozen, people who've sold out long ago.  We've seen it all before, tell the public something, then do what the masters of the universe tell you to do in secret.

Fri, 01/25/2013 - 13:23 | Link to Comment e_goldstein
e_goldstein's picture

Fuck you, Bernanke,

and the wee Timmah you rode in on!

Fri, 01/25/2013 - 13:24 | Link to Comment Rottenclam
Rottenclam's picture

I have no love for Timmah, but I'll admit that it was pretty awesome that he wouldnt return Jamie Dimon's calls.  

Dimon is a sociopath and I'm sure he just wanted to lean on poor little Timmy.  Rather than capitulate and get punked by Dimon in person, Timmy didnt even give Dimon an opportunity to put his foot in the door.

Yes, fuck all of them!  But I do like that story.

Fri, 01/25/2013 - 13:27 | Link to Comment Xibalba
Xibalba's picture

His father should've pulled out.  #nobrainer

Fri, 01/25/2013 - 13:47 | Link to Comment Papasmurf
Papasmurf's picture

You could say that about 535 of his coconspirators.

Fri, 01/25/2013 - 13:34 | Link to Comment Klazy Plick
Klazy Plick's picture

Like my father used to say "if I was your mother I'd give you a hundred"

Fri, 01/25/2013 - 13:52 | Link to Comment Carnegie_IB
Carnegie_IB's picture

I am glad that he is out, but that means someone ELSE is replacing him. 

The only bad thing about him leaving is that one could only hope he would have peaked in his effectiveness to screw things up. If, and I say IF this man were at the peak of his ineffectiveness, one would hope, pray, wish, that he could only become more effective or at the very least continue to remain ineffective. I know these are stretches of the imagination. To take things further into the land of fables and unicorns, I only wish that he could stay just to actually add destructive value to the den of thieves. Anything to reduce their likelihood of success would be appreciated. 

In reality, I am happy to see him gone, but am not expecting his replacement to effect the course of change in any direction that has NOT already been forged. 

With that, I will simply continue finding ways and making the most of the opportunities all this provides, until it stops working. 

PS. maybe TG's God hates you, and that may be very true. But the true God is Love. I am certain God will judge all according to His WILL, nothing will stop that.  I certainly do not believe God can be bribed, especially since God spoke everything into existence. Selling one's soul to the Devil does not seem to work out well in the end.   

Fri, 01/25/2013 - 13:57 | Link to Comment Mr. Blind Justice
Mr. Blind Justice's picture

Hitler reacts to Geithner's new job:

 

http://www.youtube.com/watch?v=-VZNSA9PJQg

Fri, 01/25/2013 - 14:00 | Link to Comment Gamma735
Gamma735's picture

Timmy leaving will not change what the gov and fed are doing we are still attached to another object by an inclined plane, wrapped helically around an axis!  SCREWED!

 

Fri, 01/25/2013 - 14:13 | Link to Comment AvenoSativo
AvenoSativo's picture

Tim Geithner: “F--- the banks”

 

------

"The lady doth protest too much, methinks."

Fri, 01/25/2013 - 14:18 | Link to Comment tnquake
tnquake's picture

Don't worry about old Turbo Tax Tim, he will be seen selling adult diapers on QVC.

 

Fri, 01/25/2013 - 14:32 | Link to Comment bugs_
bugs_'s picture

F--- the doomed

Fri, 01/25/2013 - 16:53 | Link to Comment Hobie
Hobie's picture

"Washington is a hard place to read." That's because Washington D.C., The City of London, and Vatican City deliberately hide the truth and can act with impunity.

http://www.youtube.com/watch?v=pEydmE57Vew

Three Cities Rule The World:

  • Washington D.C. controls the wars
  • City of London controls the finance
  • Vatican City controls the minds

Take these three city states out of play and we might have a brighter future. 

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