Geithner does not rule out more bank bailouts

Updated

Treasury Secretary Timothy Geithner has as much personality as dental floss, but that may not be such a liability. Investors have had enough excitement over the past 18 months or so. Millions have lost their jobs and countless others have lost their sense of financial security. Perhaps a Treasury Secretary lacking is in charisma is the right man for these turbulent times.

In a media blitz Sunday, Geithner was tasked with the unenviable position of having to explain to the American people -- the vast majority of whom did nothing to cause the financial crisis -- why the government needed to funnel more money into a bunch of greedy Wall Street firms responsible for their current woes. Though economists and professional investors may quibble with that interpretation, it does reflect the views of average people.

Advertisement