Treasury Head Timoth Geithner Launches Website FinancialStability.gov to Monitor Financial Crisis

I am watching Treasury Secretary Timothy Geithner's speech on CSPAN today about his new plan to improve the capital and financial markets.

The website is at www.FinancialStability.gov

He is making a very businesslike presentation and is talking major transparency over subsidy programs and increased oversight.  Since we are about reducing corruption and fraud, any actual working oversight system get out support, because it is clear the Republicans didn't exercise adequate oversight over the banks, Freddie Mac. and Fannie Mae (i.e. Chris Cox and the SEC dropped the ball, and I am a Republican).

Geithner's speech was very specific and talked about technical issues, rather than political platitudes, so it may be a credible plan.   He said the core principles were transparency and accountability.

HERE is the later posted link to Geithner's speech today.

I will post my analysis on this later on another day.
vj