TimothyGeithner
7 Possible Replacements for Timothy Geithner
4:30PM 8/03/2011
By Jonathan Berr, The Motley Fool
People, JP Morgan Chase, General Electric , Berkshire Hathaway, Xerox, Market News
News reports said Treasury Secretary Geithner wanted to leave his post once debt negotiations were complete. With that milestone past, speculation now turns toward potential successors. The stakes are high, with unemployment at 9.2% and partisan theatrics as melodramatic as ever. Here are seven candidates that the president might do well to consider.
Citing unnamed sources, news outlets reported Thursday evening that Treasury Secretary Timothy Geithner might leave the Obama administration soon. In response to the rumors, Geithner insisted, "I live for this work.... I'm going to be doing it for the foreseeable future."
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Ever since the news got out that the U.K. plans to force some of its large, bailout-receiving banks to sell off some operations and become smaller, there's been plenty of speculation on this side of the pond that we might do the same thing.
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