Comments on: Why Geithner and Summers Represent Change at Treasury

By: Chad Brand

Chad Brand — Mon, 01 Dec 2008 13:26:00 +0000

To me it’s not about title, but about skill set. Given the power the TS will have in implementing the TARP, I don’t think management skills are what is most important, but rather, a strong understanding about which uses of TARP funds would be more likely to work than others.

By: Anonymous

Anonymous — Sun, 30 Nov 2008 02:39:00 +0000

Well no argument with your preferences, but they should not exclude CEOs from the list.

let me put it another way: CEO is a title, right?

OK, what title should your candidate have?

By: Chad Brand

Chad Brand — Sat, 29 Nov 2008 17:31:00 +0000

I guess I see it differently. Geithner is going to decide how to spend the TARP money. I would not want a CEO in that job, but rather someone who best understands how various uses of that money would likely impact both the economy and the credit markets.

By: Anonymous

Anonymous — Thu, 27 Nov 2008 00:57:00 +0000

Chad, just recently you posted a good article about cause and effect.

The inability of O'Neill and Snow to perform well during their mandates has likely anything to do with them serving as CEOs at previous periods of their lives.

Whatever Geithner manages to do will hardly have much relation with him NOT being CEO either.

At the end of the day, a CEO is a top level manager and that's exactly what the Treasury Department Chief position is.

By: umoo.com

umoo.com — Wed, 26 Nov 2008 22:14:00 +0000

The stocks rallied on the news that Geithner was to be secretary. This is enough evidence of the confidence people have in the tandem to bring about change.