Posts Tagged ‘Timothy Geithner’

Labour desperately struggle to save face over Tobin tax

Dear Alistair Darling,
After Gordon Brown was humiliated on the international stage over his unexpected proposal for a so-called Tobin tax on the financial sector, it falls to you to try and convince us that everyone still loves his idea.  Unfortunately, as with every announcement on cracking down on tax havens, rogue bankers, greed, excessive bonuses [...]

US Treasury humiliates Gordon Brown

Dear Timothy Geithner,
With pressure gradually increasing on Barack Obama’s handling of the financial crisis, your testimony to the US House Committee yesterday was another chance for his administration to set out your stall.  You outlined a number of strategies to strengthen the US government’s oversight of your domestic financial system, some of which sounds fairly sensible and some of which [...]