Did Geithner Lean on Regulators to Help China?

Howard Richman submits:

One of President Obama's more inexplicable decisions was his choice of Timonthy Geithner for Treasury Secretary. About the only thing recommending him was the fact that he spoke Chinese, having been partly educated in China. His incompetence was breathtaking:

  • In a January 2007 speech to the Council on Foreign Relations, he did not see the October 2008 financial crisis coming. In fact he said, "Improvements to risk management and to capital cushions are likely to have made the financial system more stable and more resilient."
  • When he was at the New York Fed he was part of the disastrous decision to close Lehman Brothers with

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