Geithner Says Most Banks Have Sufficient Capital

Geithner says most banks have sufficient capital

WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Tuesday that most U.S. banks have enough capital to keep lending but a pile of bad debts is fostering doubts about their health and slowing a recovery.

Sections:  news   business   politics   
  • Banks With Connections To Tim Geithner Saw Stocks Jump After His Nomination
    It’s not surprising that Geithner met often with leaders from big banks—a total of 34 times with Citi execs ... In most instances, there may be sufficient checks and balances in place, as well as sufficient scrutiny from the media and watchdog groups ...
    10/18/2013 - 5:23 am | View Link
  • Banks Can Handle Commercial Real Estate Losses, Geithner Says
    Geithner's assurances about commercial real estate, reminiscent of similar remarks made by federal officials when the subprime crisis began to evolve, came as analysts are concerned that banks are not building sufficient reserves for potential losses in ...
    10/29/2009 - 1:00 pm | View Link
  • Geithner says financial system starting to heal
    Those now participating can reapply with an expedited approval process. The program was aimed at ensuring banks had sufficient resources to continue making loans even as the economy weakened and credit losses rose, although critics have complained that ...
    05/13/2009 - 4:28 am | View Link
  • Geithner’s Statement on Stress Test Results
    These tests will help ensure that banks have a sufficient capital cushion to continue lending in a more adverse economic scenario. They will provide the transparency necessary for individuals and markets to judge the strength of the banking system.
    05/7/2009 - 11:34 am | View Link
  • Geithner says no stress test banks insolvent
    Geithner said he believed the vast majority of the 19 banks tested will be able to raise sufficient capital from private sources over the next six months. However, if they are unable to do so, the government may have to inject more taxpayer money to shore ...
    05/7/2009 - 2:31 am | View Link
  • More
  • Timothy Geithner reveals Schauble's plan to kick Greece ...
    Geithner states that during the meeting Schaeble presented him with a plan to kick Greece out of the eurozone. This, according to the German Finance Minister, would ...
    07/25/2014 - 9:43 pm | View Website
  • Yahoo Finance Originals: Business
    Original analysis and reporting from Yahoo Finance editors and contributors about business.
    07/25/2014 - 8:24 pm | View Website
  • The (Other) Truth About The Financial Crisis: 10 "Geithner ...
    This page has been archived and commenting is disabled. The (Other) Truth About The Financial Crisis: 10 "Geithner-Sized" Myths Exposed
    07/23/2014 - 11:40 pm | View Website
  • Jon Stewart Disembowels SecTreas Geithner | Zero Hedge
    Tim Geithner has been using voodoo economics to rationalize choosing the big banks over homeowners. (And his argument that it wasn't politically possible ...
    07/23/2014 - 8:34 pm | View Website
  • Transcript: Martin Wolf interviews Tim Geithner
    In May 2014 the FT’s chief economics commentator Martin Wolf interviewed Tim Geithner, the former US Treasury secretary, in New York. This is the full transcript of ...
    06/1/2014 - 7:55 pm | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News