Yllx Can One GOP Sen. Make a Difference on Health Care
Former U.S. Treasury Secretary Timothy Ge
stanley website ithner, who pla
stanley tumbler yed a central role in the government s response to the financial crisis of 2008-2009, is joining private equity firm Warburg Pincus LLC.The firm announced Saturday that Geithner will serve as its president and managing director starting March 1.Geithner led the Federal Reserve Bank of New York for more than five years before becoming Treasury secretary in 2009, when the economy had sunk into a deep recession.Few Treasury secretaries received as much scrutiny. Supporters credited Geithner with helping prevent the recession from spiraling into a second Great Depression by stabilizing the
stanley cup banking system and restoring investor confidence. Critics said he was too cozy with Wall Street.Warburg Pincus said that Geithner would advise the firm on strategy, investing, investor relations and other topics. The New York-based firm has been involved in buyouts of such well-known companies as luxury department store chain Neiman Marcus and contact lens maker Bausch + Lomb. The firm declined to comment on Geithner s compensation. Through an aide, Geithner declined an interview request.Geithner, 52, stepped down from Treasury in late January, days after President Barack Obama was sworn in for a second term. He was the last of Obama s original economic advisers to leave the administration, and was succeeded as Treasury secretary by Jack Lew. In an interview with The Associated Press on his las Xbpu U.S. leaving Kurds to the wolves with weak Syria withdrawal, Kinzinger says
As pressure builds for a change in Iraq policy, a top U.S. commander there warned Friday that withdrawing troops too soon would leave the country a mess. You d find the enemy regaining ground, re-establishing sanctuary, building more roadside bombs, Maj. Gen. Rick Lynch told a Defense Department news conference. The violence would escalate. It d
stanley thermoskannen be a mess. Lynch was responding to a question on the possible effects if officials were to decide not to extend beyond th
stanley mug e summer the troop buildup President Bush ordered early this year. Mr. Bush sent an additional 30,000 troops to try to pacify Baghdad and wants Congress to wait until September for an assessment on how it is work
stanley trinkflaschen ing. But an increasing number of U.S. lawmakers are already convinced the policy is failing and should be changed.Lynch said he did not know how long the extra forces would be needed. Those surge forces are giving us the capability we have now to take the fight to the enemy, Lynch said by video conference from Iraq. If those surge forces go away, that capability goes away. Over time, we can turn the area over to Iraqi security forces, and then we ll be ready to do something that looks like a withdrawal, Lynch said. But that s not going to happen any time soon. In the latest setback to the increasingly unpopular war strategy, Republican stalwart Sen. Pete Domenici said Thursday that he already has decided he wants to see an end to combat operations and U
