Friday, February 13, 2009

Geithner's ARM and HELOC

Little is known about Geithner's finances, other than tax problems

Tim Geithners very own $1,000,000 Adjustable Rate Mortgage and a $400,000 HELOC (2nd mortgage) .... you just can't make this stuff up. we've got a guy in charge of the US Treasury that doesn't manage his own money very well, but knew how to use his home as an ATM, the exact things that caused this financial problem

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