Geithner Out Before End Of January

 

Submitted by Tyler Durden on 01/03/2013 12:43 -0500

• American Express
• Debt Ceiling

We are sad to bring you the tragic news that Tim "TuboTax" Geithner, who has long made clear his plans to leave some time in early 2012, will be out before March, and in fact before the end of January as it turns out. From Bloomberg:

• GEITHNER SAID TO PLAN DEPARTURE BEFORE DEBT CEILING RECKONING

We are also confident readers will somehow be able to overcome the unprecedented sadness at this particular rat's departure from the Titanic, metaphorically speaking of course.
And while Timmy's replacement (assuming it is of the Homo Sapiens genus and species) is still unknown, we know what some of the prospects think about serving the public:

American Express Kenneth Chenault had been approached for job, has indicated he isn’t interested

Administration officials had approached American Express Co. Chief Executive Officer Kenneth Chenault about joining Obama’s second-term cabinet, possibly as Treasury secretary. Chenault isn’t interested in leaving his private sector job, according to a spokesman.

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