MetaFilter posts tagged with treasury

Mr. Geithner has changed his return flight from Paris to New York on January 9th

Xurando — Mon, 27 Apr 2009 14:32:05 -0800

Some have questioned Treasury Secretary Tim Geithner's neutrality in dealing with the elite of the financial community. Here's his calendar [150MB pdf] for the last two years. You decide.

Is Silicon Valley a systemic risk?

thedailygrowl — Wed, 08 Apr 2009 23:02:08 -0800

Is Silicon Valley a systemic risk? Treasury decides to treat venture capitalists like hedge funds The Obama administration wants to regulate venture capital firms to prevent systemic risks. Silicon Valley residents are scratching their heads and asking: What risks? The rest of us should ask why Washington is targeting a jewel of the American economy that had nothing to do with the housing bubble.

Treasury paid $100 for every $66 in assets in top-ten TARP deals

shivohum — Thu, 19 Feb 2009 20:40:02 -0800

The Congressional Oversight Panel, headed by Harvard Law professor Elizabeth Warren, notes in its third monthly report that for every $100 Treasury spent on its ten largest TARP deals, it received back only $66 worth of assets -- significantly less than for roughly comparable private parties.

Tax Trouble at Treasury

Slap Factory — Wed, 14 Jan 2009 18:28:13 -0800

Timothy Geithner is an experienced financial leader (previously). He is President Obama's pick to run the Treasury Department, which includes the Internal Revenue Service. The problem is that Mr. Geithner did not pay more than $30,000 in taxes, even his employer reminded him to do so. Now his nomination may be in jeopardy. Is Mr. Geithner the new Zoe Baird?

Fannie and Freddie under conservatorship.

SeizeTheDay — Fri, 05 Sep 2008 19:56:53 -0800

Fannie and Freddie have now been placed under conservatorship. On the bright side, there is a precedent. On the downside, Britain is facing its worst economy in 60 years. And the US Presidential candidates are apparently avoiding this discussion like the plague. Ironically, the S&P500 is outperforming the MSCI, the FTSE, the Bovespa, the Nikkei, and other world indexes, suggesting that our misery is taking down the rest of the world. And, oh yeah, the dollar has gained on the Euro and Pound in record fashion over the last couple of months, to the chagrin of US exporters, meaning that any sort of export-driven GDP growth just went out the window. Fascinating times we live in.

Redesigned $20

aladfar — Tue, 13 May 2003 12:36:26 -0800

US Treasury unveils new $20: A joyous day for numismatics! After a few months of delay, we can now carry a bit of color in our billfolds.

Corporate Freeloader Chief is Bush's Choice to Head Treasury

Blake — Tue, 10 Dec 2002 08:30:52 -0800

Corporate Freeloader Chief is Bush's Choice to Head Treasury John W. Snow, President Bush's choice to replace the fired Paul O'Neill as Secretary of the Treasury, is the CEO of CSX.
In three of the past four years, CSX Corporation, paid no federal income tax at all. Instead of paying taxes, CSX supplemented its $934 million in pretax U.S. profits over the four years with a total of $164 million in tax rebate checks from the federal government.
"If the President's goal is to encourage even more corporate tax sheltering, then Mr. Snow looks like a fine choice to help him do so," said Robert S. McIntyre, director of Citizens for Tax Justice.