Monday, March 23, 2009

Treasury Secretary Geithner Nailed it Today! - Just another day in the mortgage mess

I watched the interview with Treasury Secretary Geithner with Erin Burnett. I think Treasury Secretary Geithner is working 24/7 to stabilize the financial industry. I was ecstatic when he stated, "People need to be compensated for being careful and prudent". He was talking about executive compensation, which I even stated on my blog last week.

I think Treasury Geithner is working for the people, not for Congress. He stated people have to be rewarded for success, not failure. His goal seems to be to work with Congress and find balance.

Treasury Secretary Geithner spoke with confidence today. He stated that they will have a very strong and powerful team put together that will protect taxpayers. He also stated that he "is seeing encouraging signs of growth."

Treasury Secretary Geithner nailed it today, in my opinion. Good job, Secretary Geithner!

My quote for the day: "Kites rise highest against the wind, not with it." Winston Churchill

Stay tuned...I have more to share. Just another day in the mortgage mess!