Interesting video at CNBC All about the Tim Geithner AIG issue. The issue has gotten boring to me because I assumed it was all just politics and nothing would really come of it. But this video ties all together really well and speculated Geithner could really be in big trouble. Whoever their guest was presented something fairly complicated very simply. That is gift many people don't have.
Anyway, his thought is Geithner will not last the year if even the next month and also thinks tomorrow is critical for Bernanke.
It takes a few minutes for the video to get going.
Tuesday, January 26, 2010
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