http://online.wsj.com/article/SB124934399007303077.html Treasury Secretary Timothy Geithner blasted top U.S. financial regulators in an expletive-laced critique last Friday as frustration grows over the Obama administration's faltering plan to overhaul U.S. financial regulation, according to people familiar with the meeting. Friday's roughly hourlong meeting was described as unusual, not only... [more]
http://online.wsj.com/article/SB124934399007303077.html
Treasury Secretary Timothy Geithner blasted top U.S. financial regulators in an expletive-laced critique last Friday as frustration grows over the Obama administration's faltering plan to overhaul U.S. financial regulation, according to people familiar with the meeting.
Friday's roughly hourlong meeting was described as unusual, not only because of Mr. Geithner's repeated use of obscenities, but because of the aggressive posture he took with officials from federal agencies generally considered independent of the White House. Mr. Geithner reminded attendees that the administration and Congress set policy, not the regulatory agencies.
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I wonder if the guys at JP Morgan and Goldman had a nice quiet conversation with Timmy before hand?
Just kidding but imagine if a Mafia like conversation did take place?
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