Monday, April 6, 2009

Timothy Geitner: "Don't Believe Us!"

On a speech given at 11:10am on April 6, 2008, Timothy Geitner advised Americans to

" wary of any organization that claims to guarantee success and demands upfront fees."

The only organizations that I can think of that fit that description is Bernie Madoff's Hedge Fund and the Federal Government. In fact, when testifying before Congress, Tim Geitner repeatedly stressed two facts: 1) That his plan will work. 2) That it requires upfront funds provided for by the tax payer.

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