Timothy Geithner To Overlook Auto Bailout
- Monday, February 16, 2009, 22:58
- Economy, Obama's Administration
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Treasury Secretary Timothy Geithner has been chosen to over see the auto sector bailout. Originally it was though has so called car czar might be selected to administer the bailout funds. Geithner and Lawrence Summers will be responsible for $17.4 billion in loan agreements to help give the ailing auto makers a much needed lift.
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