Tim Geithner Starts Blogging, Touts Transparency, But Still Won't Talk About Goldman Sachs Mystery Man Dan Jester
My commentary is below.
A Welcome Note
Tim Geithner Dec. 6, 2010
Welcome to the new Treasury.gov and the Treasury Department's official blog, “Treasury Notes.” We’ve redesigned Treasury.gov to make it easier to navigate, added dynamic data visualizations and improved the site’s search capabilities. And to expand our dialogue with citizens like you, we’ve set up accounts on Facebook, Twitter, MySpace,Flickr and YouTube; added an Open Government forum; and created this blog.
On his first day in office, President Obama called for increased openness, participation and collaboration between the taxpayers and their government. That begins with greater transparency and greater access to information about government programs. The new Treasury.gov is a place where you can easily find information published by the Department and its Bureaus and learn about Treasury programs.
On behalf of the Treasury Department, welcome – and please visit again soon.
DB here. Okay, Tim, since you offered, how about answering these questions about the mysterious former Goldman Sachs employee Dan Jester, who worked for you and Hank Paulson at Treasury, handling the AIG bailout, especially counterparty negotiations, where he made sure to botch negotiations with S&P and Moody's in order to guarantee that Goldman was paid $13 billion, at PAR, by taxpayers, for designed-to-fail synthetic CDOs that weren't worth the price of a weekend in Scranton.
Stearns questions Paulson - Why so much secrecy about Dan Jester?