Geithner Quiz!
According to Vogue Magazine, whom does our current US Treasury Secretary most closely resemble?
a. Lyle Lovett
b. The current Bachelor
c. Frodo
d. JFK
e. Aragorn
f. a & d
g. c & e
Answer below…..
Vogueing: The answer today’s quiz is f. In this story, Vogue states that Geithner is, “A lithe and athletic 48 years old, Geithner, who was named one of the 100 most beautiful people of 2009 by People magazine (it may have helped that his brother works for the publication), has the kind of looks that can go either way: Half an inch one way he’s John F. Kennedy; half an inch the other he’s Lyle Lovett.” With this kind of reporting, is it any wonder that Geithner doesn’t want to act out the Onion’s story about sitting on top of the Capitol dome?
When it comes to Greece, deny, deny, deny!: Today, we had an official denial from not only the European, but also Germany on the report yesterday of a E20-25 billion bailout fund for Greece. The report in Der Spiegel yesterday sounded more like a trial balloon that was today pricked by authorities. It underscores that the situation is still in flux, but at least it’s being discussed. Athens pledged to take new steps should they be needed on the deficit reduction program. The FT continues their string of decidedly bearish EU stories with a mash-up of how southern Europe has threatened the integrity of the entire European unity for 60 years. Coupled with a weaker than expected German IFO business climate number, the Euro sank on the news.
Toyotathon: Today, we get the first of three scheduled congressional hearings on Toyota. The House Energy and Commerce Committee led by Henry Waxman (D-Cal.) gets the first crack at asking tough questions to a Toyota executive. While there certainly is a problem with some of the cars as witnessed by the massive recall, one has to wonder about the optics of these appearances. Since the United States owns 61% of General Motors, the conflict of interest is a serious question for those in Congress asking the questions. Of course, many members have lots of experience with this subject and I’m sure that will assist them with their line of inquiry and keeping the discussion above politics. It better. Toyota has a large US presence and it would be a disservice to auto workers in Kentucky, Indiana, Alabama and Mississippi to have this get out of control.
August 7th, 2010 at 11:25 am
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