Tim Geithner himself acknowledged that credit default swaps took that kind of exploitation to an extreme, permitting most visibly the AIG (AIG, Fortune 500) disaster. "We did not keep abreast of that ...

Tim Geithner, US Treasury secretary, warned overseas markets against undercutting American financial regulations, urging them to avoid following the “tragic” example that the UK set in light-touch ...

China, which has nearly $800 billion of its savings invested in U.S. government securities, has publicly and privately been lecturing Washington on its profligate fiscal policy. So it was no surprise ...