Network News

X My Profile
View More Activity
2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Bailout Humor From the Motley Fool

Because sometimes you just have to laugh: Our friends from Alexandria, the Motley Fool, have assembled a (yes, we need to say it) fictional list of the Top 20 rejected candidates for the next Treasury Secretary, all beaten out by nominee Tim Geithner, to succeed Hank Paulson.

A couple examples:

1. Robert Rubin

Pros: Consummate Wall Street pro; successful stint as Treasury secretary under Bill Clinton.
Cons: Status as Citigroup director and senior counselor no longer seems like a big plus.

2. Paul Volcker

Pros: Experienced; brilliant; known and revered throughout the power corridors of both Washington, D.C. and New York.
Cons: According to most actuarial tables, is already dead; at 6-foot-7, 200+ pounds, may accidentally ingest Robert Reich.

3. Larry Summers

Pros: Previous direct-on-the-job experience; has handled global financial crises already.
Cons: Daughter Suzanne often gets into trouble with landlords Farley and Roper; ensuing zany cover-ups may involve father.

4. Cap'n Jack Sparrow

Pros: Good with treasure, which is close enough to being good with Treasury; no other pirates in the Cabinet.
Cons: Drunken, slurred insistence to "keep to the Code" not likely to impress at congressional hearings.

5. Gov. Jon Corzine

Pros: Has legally mandated former-CEO-of-Goldman-Sachs background.
Cons: Physically indistinguishable from Ben Bernanke, as all bald-headed men with gray beards look identical during a financial crisis.

You can see the whole list here.

-- Frank Ahrens
The Ticker is Twittering!

By Frank Ahrens  |  December 5, 2008; 6:04 PM ET
Categories:  The Ticker  | Tags: Ben Bernanke, Geithner, Paulson, Treasury, bailout  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   StumbleUpon   Technorati   Google Buzz   Previous: Rep. Frank: Passable Auto Bailout Bill by Next Week
Next: Markets Eye Auto Bailout, Stimulus

No comments have been posted to this entry.

The comments to this entry are closed.

RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company