Ira Stoll on Timothy Geithner's Flawed Defense of TARP


Credit: White House /

Timothy Geithner, President Obama's first-term treasury secretary, has a new memoir out this week titled Stress Test. Among its shortcomings, reports Ira Stoll, is Geithner's flawed and surprisingly weak defense of the extraordinary measures that the Bush and Obama administrations took five years ago to combat the financial crisis.