He's much different from Paulson and some of the other former holders of the post. He does not come from a business background, but has quietly worked his way up to become president of the New York federal reserve bank.
2008-11-21
Obama picks Sec of Treas, stocks go up
Obama picked Timothy Geithner as the new Secretary of Treasury and the market went up almost 7%. Why?
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Never heard of him. We'll see what happens.
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