April 13th, 2009
03:42 PM ET
5 years ago

Geithner to host global finance meeting

Geithner will host a global finance meeting next week.
Geithner will host a global finance meeting next week.

NEW YORK (CNNMoney.com) - Treasury Secretary Tim Geithner will host a meeting of international finance ministers next week, the Treasury Department said Monday.

The April 24 gathering of Group of 7 officials in Washington, D.C., will be followed by a larger meeting of Group of 20 ministers.

After a summit in London earlier this month, G-20 member nations agreed to increase oversight of the global financial system and pledged more than $1 trillion to the IMF to help economies in need.

However, certain details of the plan remain unclear and analysts said next week's meetings will likely involve discussion of, among other things, how much money individual members will commit to the IMF.

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Filed under: Timothy Geithner
soundoff (45 Responses)
  1. Gary

    Timmy just doesn't have credibility right now. They are running up our deficit with wasteful pork projects. They (both Repubs & Dems) bailed out the car companies when they should have gone bankrupt and reorganized. They are bailing out banks that don't really need the help. Our debt will increase by more in the next 4 years than it did in the last 8.

    April 13, 2009 04:04 pm at 4:04 pm |
  2. Chi Town

    maybe it would help if Geithner paid his taxes?

    April 13, 2009 04:07 pm at 4:07 pm |
  3. Dutch/Bad Newz, VA

    Hopefully the trillion will help stabilize the economies. But the U.S. market is the one that needs the most stabilization. Good luck Tim.

    April 13, 2009 04:08 pm at 4:08 pm |
  4. Mississippi Mike

    Great, he gets to share his incompetence with other morons. I can't wait to find out how much of my hard-earned money he is going to give to the IMF. Hey, why not spread the wealth to other counties, too? It's not like we have a recession here in the US or anything.

    April 13, 2009 04:10 pm at 4:10 pm |
  5. Jim

    Guess he and the little o are gonna give away more concessions.

    April 13, 2009 04:15 pm at 4:15 pm |
  6. Steph

    It looks like the economy is starting to rebound. I bet that makes the haters so upset 'cause they want to US to fail. How unpatriotic!

    April 13, 2009 04:16 pm at 4:16 pm |
  7. loretta

    I wonder if Geithner will do his taxes on time........................................
    or will he wait till he gets caught again...................................

    April 13, 2009 04:19 pm at 4:19 pm |
  8. JimS

    Awesome Mr. Geithner...

    US leadership is absolutely needed.

    After some members of the G20 said that they would not use any stimulus, looks like China and Japan went back and injected new stimulus money into their economy.
    This is just means that President OBAMA and Secretary Geithner were right to propose bold stimulus.
    Europe is also about to follow President OBAMA's request.

    Today Gallup's poll shows that 71% have confidence in President OBAMA's economy plan. Really genius!!!

    April 13, 2009 04:26 pm at 4:26 pm |
  9. Fitz in Texas

    Tax Cheat Geithner is useless and needs to go. I'm so disgusted that Obama first appointed him, then allowed him to stay. Both Geithner and Obama should be poster boys for........Way In Over Their Heads....

    April 13, 2009 04:28 pm at 4:28 pm |
  10. leon levin

    I'm sure the "NO" repub's will be very helpfull as usual.

    April 13, 2009 04:28 pm at 4:28 pm |
  11. Chi Town

    Steph

    You're right about the rebound (like they've done 12 times since the depression). To bad it's starting before the largest portions of the stimulis hit... proving what a moster mistake it and our budget are.

    April 13, 2009 04:32 pm at 4:32 pm |
  12. Kelby In Houston, TX

    Lil Tim is in the building!
    I hope these global finance meetings go well and as planned. Please ignore the negativity...All of the right people believe in you and we are confident that you will be successful.
    I BELIEVE IN LIL' TIM!
    And some of you people still harping on his tax returns...Have any of you ever made a mistake on your taxes?!? Huh?!

    April 13, 2009 04:33 pm at 4:33 pm |
  13. Kevin B

    Here we go with the carping from the right wing whack jobs about Mr Giethner's tax issue without adding anything of substance to the debate on fixing the economy.

    Losers.......

    April 13, 2009 04:33 pm at 4:33 pm |
  14. nelson

    I don't like Geithner.. a little too sleazy for me. I also don't trust him..
    reminds me of my pet weasel

    April 13, 2009 04:36 pm at 4:36 pm |
  15. Obama Victim

    Tax Cheat Geithner,,,,,,,,,,,,,,,,,,,aren't we all so proud

    April 13, 2009 04:37 pm at 4:37 pm |
  16. Chipster

    It's great to know that there are so many people on these blogs who would welcome an audit of their taxes – no worries about mistakes by any of Geithner's critics. But then, I doubt most of them ever worked for the IMF or any other agency that neglected to pay the employer share of their Social Security or Medicare withholdings. Nope, no one posting here could possibly ever fail to notice that those obligations weren't paid by their employer. It's great to be a perfect critic, so sure you or your accountant have missed anything in your tax returns. Well, maybe some will find out in a few days.

    April 13, 2009 04:37 pm at 4:37 pm |
  17. J.P.

    Classic!

    "I cheated on my taxes and you can too, for no money down!"

    Maybe you might have more credibility if you actually bothered to pay your taxes. But hey, what do I know? I'm just some dumb schlub who believes the law requires me to pay my taxes. We can't all be cool, hip "enlightened" folks like yourself.

    April 13, 2009 04:39 pm at 4:39 pm |
  18. President Obama could walk on water and the Party of NO would still complain that he left footprints!

    So far so good, Mr. Geithner, keep up the excellent work!

    April 13, 2009 04:42 pm at 4:42 pm |
  19. Farrell, Houston, Tx

    As long as it is clear to other nations that the U.S. will not use funding for a war which they don't agree with, our economy will rebound. Think about.

    April 13, 2009 04:45 pm at 4:45 pm |
  20. The Last Patriot

    The fact that the current Treasury Secretary cheated on his own taxes is highly relevant and should continue to dog him for his entire term.

    This is like putting a heavy smoker and drinker in the position of Surgeon General.

    April 13, 2009 04:50 pm at 4:50 pm |
  21. Willy Brown

    Turbo Tax Cheat Tim!

    April 13, 2009 04:51 pm at 4:51 pm |
  22. Fitz in Texas

    Kelly In Houston, TX.......

    Actually, we have NEVER made a mistake on our taxes. However, one year when we did pay our taxes, even had our canceled check, the IRS came to us and said we didn't pay our taxes. Some government clerk posted our tax payment to the wrong account. Don't want to bore you on what it took to fix this problem created by the IRS, so when some little creep like Geithner doesn't pay his taxes and gets by with it, you bet it makes me mad!

    April 13, 2009 04:51 pm at 4:51 pm |
  23. roy

    Geithner is a clown, just like his boss. This dope is supposed to be a finanicial expert, but cant even do his own taxes right. Sombody save us from these incompetents!

    April 13, 2009 04:54 pm at 4:54 pm |
  24. Jimmy Boy

    The best plan to get lots of dollars into the economy is to have all the Dems pay their taxes.

    April 13, 2009 04:56 pm at 4:56 pm |
  25. Rob

    Oh now that out to be interesting! So will Tim read from his book "Financially Ruining Superpowers For Dummies" before the meeting? Maybe the Teleprompter can be carted in and Obama can read some more threats about having to give everything over to government control.

    Pretty soon it'll be discovered that the most intelligent member of the cabinet is the new dog.

    April 13, 2009 04:57 pm at 4:57 pm |
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