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Tuesday, January 26, 2010

Geithner Warns That Markets Could Dive If Bernanke Is Not Reconfirmed



Treasury Secretary Tim Geithner, in a recent interview with Mike Allen of Politico warned that the financial markets could react negatively if Fed Chairman Ben Bernanke isn't confirmed for a second term.

Geithner suggested that the market would see a failed Bernanke confirmation as "very troubling," but claimed that he was "very confident" Bernanke would receive enough Senate votes to win a second term.'

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The sky is gonna fall!!!! Notice how they keep using the same old threats

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