Category: Currency Currents
- Published: 12 February 2009
- Written by Editor
Looking for silver bullets...
It's not that we have any interest to defend our newly appointed Treasury Secretary, as it's too late for that anyway. He was summarily savaged by the financial press after his presentation of a "solution" to the financial crisis. And maybe that was justified given the vagueness of what was delivered after building expectations so high. But the driving of the bus back and forth over Mr. Giethner seemed a bit excessive. And I think it goes to the point that many are looking for some "single bullet" or savior to pull everyone out of this mess. There has to be "something we can do" seems the lament.