- 4 Enemies of Bull Markets
- Experiencing Technical Difficulty?
- The Importance of Good Breadth
- Your First Move For Friday November 27th
- How Big Money Rules the Markets
- Web Extra: Private Equity, Conviction Buy?
- Follow the Leader
- Pops & Drops: Abercrombie & Fitch, Nucor...
- Giving Thanks: Seymour
- Your Questions About... Alcoa & The Dollar
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- Gold Retreats from Record High as Dollar Rebounds
- China Unveils Carbon Target Ahead of Copenhagen
- US Markets Bracing for Selloff On Worries About Dubai's Debt
- Hyundai-Kia Targets Rapid China Growth in 2010
- No Thanksgiving Rest for Retailers in Sales Race
- Attraction of Switzerland to Businesses
- Great Britain, No Longer That Great: Investor
RSS FEED
![]() |
Treasury Secretary Timothy Geithner |
Part of this new "transparency" pledge would come via the new FinancialStability.gov.
The site's goal would be to detail where federal funds are going and whether these funds were succeeding in stabilizing the system and reviving the flow of credit.
With the scope of the financial mess, one would figure that getting the website into an impressive and "transparent" state to coincide with the announcement would be a slam dunk compared to the full-court shot of a goal that the rest of the plan is aiming for.
Here's a screenshot of the new site immediately after Geithner unveiled it to the public.
![]() |
FinancialStability.gov Who's Watching The Taxpayers' Money? Perhaps it's this site, but not yet. |
"Coming Soon" was so 1997. I was fully expecting to see the little under construction guy animated image along with it.
Excuse me if I'm a little more skeptical about the rest of the plan at this point and its potential success. The market seems to agree with me as well. As Geithner laid out his plan, the Dow [.DJIA Loading... ()
Transparency isn't off to a very good start.
While Bank of America [BAC
Loading...
()
] and Citigroup [C
Loading...
()
] are down the most on a percentage basis, weighing the most on the Dow (a price weighted index) are IBM[IBM
Loading...
()
] , Boeing [BA
Loading...
()
], 3M [MMM
Loading...
()
], United Technologies [UTX
Loading...
()
] and McDonalds [MCD
Loading...
()
].
Comments? Send them to
- What you need to know.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.












