CNN reports that Treasury Secretary Tim Geithner is having trouble unloading the McMansion he purchased in 2004…close to the top of the housing bubble. Shocking on multiple counts, huh? Geithner purchased the home for $1.601 million…after there were no takers for $1.575 million, he decided to rent the joint for $7,500/month. Without breaking out a […]
US Treasury Secretary Tim Geithner visited Beijing on Monday…with a straight face, he reassured the Chinese government that its large holding of dollar assets are safe. Then, still deadpanning, Geithner reaffirmed his faith in a strong US currency. That broke the ice, as his student audience burst our into large laughter. See if you can […]
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