1 in 4 Chance Geithner Will "Depart" By Dec. 2009
Intrade odds that Treasury Secretary Tim Geithner will depart by December 2009: 24.9% closing price (see chart above).
HT: Larry Kudlow on tonight's "The Kudlow Report."
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Wednesday, March 18, 2009
Intrade odds that Treasury Secretary Tim Geithner will depart by December 2009: 24.9% closing price (see chart above).
HT: Larry Kudlow on tonight's "The Kudlow Report."
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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2 Comments:
Unless he pulls a rabbit out of his hat and gains the respect of Wall Street, they're going to keep laying mistakes at his feet. At some point he'll take the fall.
After the huge build up on him being so fantastic that it was ok to ignore his tax issues, they can't just so "Oh, guess he wasn't so good."
But, working in his favor, is the improbability that Obama can find a qualified democrat who is current on his taxes.
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