Friday, November 14, 2008

Name Tim Geithner Treasury Secretary Immediately

Geithner should be named Treasury Secretary. He is the best choice and has made some great macro calls. I heard Jim Cramer say that Geithner made a mistake by letting Lehman fail. It was a great mistake to let Lehman fail but I don't think this was Geithner's decision. From what I understand it was Paulson's decision and Geithner may have expressed reservations about letting Lehman fail.

This decision should be made immediately to remove one more unknown from the markets.

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