Who is tim geithner




















Alan Greenspan Chairman. Ben S. Bernanke Chairman. Current Fed leaders. Classroom resources About this site Our authors Related resources. See disclaimer. Related People William J. Dudley President New York Fed — Alan Greenspan Chairman Board of Governors — Bernanke Chairman Board of Governors — Federal Reserve History. Contact Us. A few months into his new job, Geithner started showing up at our Monday-night sessions.

It was incredibly accurate—beautiful to watch. During the games, he would often remain quiet, appearing to focus intensely on the action. But just when you wondered if he was annoyed by our persistent smack talk, he would let out a quip or a small personal jibe; inevitably, the rest of us would erupt in laughter. Apparently, Geithner was getting to know Wall Street in the same amiable way he was getting to know all of us. I was only a junior Federal Reserve officer. I read about them afterward, in the newspaper, like everyone else.

My last pickup game with the New York Fed president came sometime in I know because I left the Fed soon afterward. Frustrated with what I perceived as a progressive loss of independence from Wall Street, I decided to try something new. I took a job at an investment bank. My decision to go to Wall Street was driven mainly by my disappointment with the Fed, not by a desire for money or prestige.

This may sound dubious, but in my new environment, I believe that I remained true to my Fed training. If I was now asked to opine on a thorny accounting issue or a questionable trade, I still approached the issue as I would have done as a central banker. I still believed wholeheartedly in the public-service mission of the Fed.

Indeed, when the Fed recruited me back to help during the financial crisis, I returned—only to find myself disillusioned all over again.



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