Dennis Shiraev
Oliver Renick
Joe Bonica
Lucia Rafanelli
Hannah MacLean
Peter Bouris
lukepolicastro
zjw5
Anthony
Brendan Patrick Devine
Sam Pell
kmccaffrey
Greg Stein
Michael Alan
nkantro
Alfonse Muglia
Cornell_Karim
R. Patrick McCaffrey
dillonhickman
roberto1matos2
Kushagra Aniket
Roshni Mehta
Another Obama appointment seems to have committed a financial no-no, but this time it’s one I like. Treasury-secretary nominee Timothy Geithner, former chairman of the New York Federal Reserve, has apparently failed to pay $34,000 in taxes he owed as self-employment taxes while working for the International Monetary Fund (this is apparently an honor type system; employees of the IMF have to pay their own self-employment taxes). In addition, he is accused of knowingly hiring a housekeeper who was an illegal immigrant. Ranking Republicans have not considered this an automatic disqualification, but this is still an unfortunate event to befall someone who is charged with easing America’s economic woes, something I think Mr. Geithner is well qualified to do. Time will tell us what will happen. More on the story here.
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