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Treasury Secretary English
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Treasury Secretary
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News and current affairs
BERKELEY - Former US Treasury Secretary Lawrence Summers had a good line at the International Monetary Fund meetings this year: governments, he said, are trying to treat a broken ankle when the patient is facing organ failure.
It is no surprise that stock markets liked the results of the stress tests that US Treasury Secretary Timothy Geithner administered to America's big banks, for the general outcome had been leaked weeks before.
US Treasury Secretary Timothy Geithner recently informed members of Congress that the government will be in this situation on or around August 2.