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Geitner Accused Of Lying About Tax Cheating

January 25, 2009
Cliff Kincaid

Art Cashin, one of the talking heads on CNBC, said early on Thursday morning that the stock market was going down in part because of a lack of confidence caused by the failure of the Senate to quickly confirm Timothy Geithner as Treasury Secretary. This was the party line of the Wall Street insiders who have a special interest in getting Geithner confirmed. Later on that day, Geithner was endorsed 18-5 by the Senate Finance Committee. A full Senate vote on the nomination may be held on Monday.

The American people can’t be blamed for thinking that if a tax cheat inspires confidence on Wall Street and can get an overwhelmingly positive vote in a Senate committee, the nation must indeed be headed for financial ruin.

But Geithner not only got caught cheating on his taxes, he is now being accused of lying about his cheating during his confirmation hearing when he attempted to blame the problem on his TurboTax computer software program.

But don’t expect this to be a major issue for business cable network CNBC.

For the rest of the story …..

One Comment leave one →
  1. January 25, 2009 11:48 am

    soleeme get this right.

    So Tim Geithner joins the Rubin Citigroup Goldman exec at Clinton treasury from Kissinger Associates, then gets appointed by Pete Peterson of Blackrock to run the NY Fed, Blackstone creates a huge blowup in MBS real estate , then Geithner sends billions towards rubins friends at citi etc, and pays off Blackstones partners to handel the whole rip off at Bear and Lehman?

    interesting timeline

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