Possibly the best news I have seen in a while Timmy thinks he won't be asked to stay.
T-Minus 11 Months Until Geithner Resignation
From Bloomberg:
Geithner on whether he'll serve as Treasury Secretary for another four years if President Obama is re-elected:
"“He’s not going to ask me to stay on, I’m pretty confident,” Geithner said in an interview with Bloomberg Television yesterday in Charlotte, North Carolina. “I’m confident he’ll be president. But I’m also confident he’s going to have the privilege of having another secretary of the Treasury.”
Would be a great step in the right direction but the successor would need to be a good selection. Bloomberg already has list of potentials and some of the names are quite scary.
In the interview, Geithner said he would do “something else” after leaving the Treasury Department, without specifying what that would be. In August, an administration official said Geithner would stay in his job at least through this year’s presidential election.
Erskine Bowles, chief of staff under President Bill Clinton, and Democratic Senator Kent Conrad of North Dakota could be among the potential candidates to succeed Geithner, said Mark Calabria, director of financial regulation studies at the Cato Institute in Washington.
I do agree that anyone would be better than Geithner but I do hope we can get someone with a little less wall street centric philosophy. Love the part him "doing something else" like selling himself to the highest bidder since he has hooked up so many of the 1%. Seriously though what will his speaking fee be?