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Posted on May 31, 2009 | tags

 
 

Biz, U.S., World: The latest economic status update from one Timothy Geithner

  • We are seeing more durable stability in the economy and the financial system is substantially in better shape. But we have a ways to go, and we need to keep working in the U.S. and with other major economies to restore conditions for a sustainable recovery.
  • Treasury Secretary Timothy Geithner • Speaking yesterday as he was traveling to China to do whatever a treasury secretary does. (Seriously, he plans to offer reassurances to the country that the U.S. is on the right track financially and that their financial investments are safe.) • source