Tim Geithner now 'helping' Europe, the end must be near-Zero Hedge

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5/31/12, "If there was one piece of news that could force an all out panic in a market already on the edge, it is that outgoing (as in finally departing) US Treasury Secretary, Tim Geithner, was getting involved in the European Crisis. Sadly, this is precisely what happened."
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5/31/12, "Geithner Hears Spain’s Plans to Strengthen Financial Sector," Bloomberg, Ian Katz

"U.S. Treasury Secretary Timothy F. Geithner and Spain’s deputy prime minister, Soraya Saenz de Santamaria, met today to discuss Spain’s plans to bolster its banking system.

The two officials discussed “the significant progress that Spain has made on fiscal and structural reforms, the Spanish government’s plans to strengthen its financial sector and support recovery and job creation, and the broader challenges facing Europe and the global economy,” Treasury spokeswoman Kara Alaimo said in an e-mailed statement today.

• The meeting was held at the Treasury Department."

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5/31/12, "Be Afraid Europe, Be Very Afraid - Tim Geithner Is Now "Helping" You," Zero Hedge

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Ed. note: Zero Hedge seems to believe Geithner won't be around much longer one way or another.

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