Geithner Says Goodbye: 'I'm Very Proud Of My Time As Bailouter-In-Chief'

UPDATE - Geithner Said F*ck The Banks!...

UPDATE - Geithner's Private Farewell to Obama and Staff

Meanwhile, Geithner tells Politico today he doesn't want Bernanke's job:

Geithner is returning to New York to be with his family and said he has no immediate plans beyond relaxing and traveling with his wife.  Geithner firmly ruled out ever serving as chairman of the Federal Reserve, something that has been mentioned by people close to the outgoing secretary as a possibility down the road.

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

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Full press conference:

Obama says goodbye to Geithner, introduces Jack Lew.

The truth:

Sheila Bair: 'Tim Geithner Was Bailouter-In-Chief'

Comments

[DailyBail]

EXCLUSIVE: Geithner’s private farewell to Obama and Treasury staff

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/25/exclusive-geithners-private-farewell-to-obama-and-treasury-staff/?tid=ts_biz#

[DailyBail]

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

“F--- the banks,” he said, according to people familiar with the episode.

http://www.washingtonpost.com/business/economy/tim-geithners-legacy-an-unpopular-bailout-that-helped-save-the-economy/2013/01/24/f1bf4fb6-64af-11e2-85f5-a8a9228e55e7_story.html

[Dr. Pitchfork]

Morgan Stanley's "Abacus"...

Instead of a "shitty deal," it's just a "shit bag."

Cenk Uygur gets it exactly right: Lanny Breuer could have found these emails...if he had tried.

http://www.youtube.com/watch?v=8BFkYu0U840&feature=share&list=UU1yBKRuGpC1tSM73A0ZjYjQ

[Cheyenne]

Good analysis of whether AIG bailout really netted $5 billion profit, as Treasury contends:

http://www.ritholtz.com/blog/2013/01/the-true-cost-of-the-aig-bailout

Conclusion: "we find that the Treasury’s investment in AIG was actually very costly for taxpayers."

[SKINFLINT]

Dr. P and C, With the known facts of shorting the housing sector, thus causing the meltdown and the subsequent foreclosure fraud, and settlements with the Feds and states, the foreclosures continue unabated despite the fact the banks continued failure to show they have a secured interest in these properties my question would be this. Wouldn't it be a reasonable presumption within the courts that these banks have no claim to the properties and further could the courts be held accountable in some fashion. Could the courts themselves be sued for malfeasance?

[DailyBail]

Great links, thanks.