Posted by: judy | April 2, 2009

Geitner: the government has to do “exceptional things”

 

(AP Photo/Susan Walsh)

Days after GM’s CEO Rick Wagoner was forced out by the Obama administration, Treasury Secretary Timothy Geithner left open the possibility that such moves could happen again.

In an interview with CBS Evening News anchor Katie Couric, Geithner acknowledged the government has had to do “exceptional things” – citing AIG as well as Fannie Mae and Freddie Mac.

Read the full article and interview.

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