Thanks for that feedback, Madharry. I’d say that you’re very likely to be correct when you say, ”this is far from over.” Considering the questions and doubts that have arisen about the abilities, past records and associations of Geithner, you have to wonder why the President appointed him as Treasury Secretary.
If it isn’t far from over, then one assumes that there will, or should, be some form of thorough investigation into the causes, reasons, responsibilities, etc.. etc.. of these past events.
Of course, it can happen that such an investigation is set up with seemingly good intentions, but at the end of the day it doesn’t achieve the type of result that the public were lead to believe was its primary objective, .... for one reason or another !
Let’s hope that it won’t be the case in this instance. The investing world, IMO, will always need a fair and level playing field, which is constantly monitored by well informed, experienced regulators and public figures of integrity, in order to ensure that those who wish to abuse the system, or introduce unnecessary risk, are prevented from doing so. |