Treasury Secretary Tim Geithner and Bailout Backlash

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The Obama Administration today explained its public-private partnership to rescue the banking system, and stock prices shot up around the world.  But it may be too late to rescue Secretary Tim Geithner, who's taken the heat for AIG's executive bonuses and public payoffs to firms including Goldman Sachs. Some Republicans in Congress are calling for Geithner to be fired, and liberal commentators want him to go. The President says he wouldn't let him resign. Is there another way of heading off public outrage?




Warren Olney