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“I don’t think you’re at the top of the list of requests for interviews”

- A US Treasury official, at the IDB meeting in Medellin, brandishing a copy of our March cover story disappoints a Euromoney journalist who had asked for an interview with Tim Geithner


Groundhog day: Geithner botches another bailout

Euromoney March 2009

The new US Treasury secretary took just three weeks to disappoint those hoping he could find a way to save the US banking system and give a lead to the rest of the world. He has put off creating a bad bank to purge the system’s toxic assets but its day will surely come. There are bad banks aplenty now and when they inevitably collapse, taxpayers will pick up the mess. Peter Lee reports.

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