By Kat Stoeffel 2:30pm

TIMES OF THE TIMES

Bought-Out New York Times Banking Reporter Eric Dash Lands at Treasury Department

Former New York Times banking reporter Eric Dash has taken a job in the U.S. Department of the Treasury’s communications department.

A tipster forwarded us this message, posted to his Facebook account:

“Some of you have asked me about my next move. I’m excited to report that I’ve joined the Treasury Department as a Senior Advisor for Policy and Communications. In this new role, I will be working with the public affairs team to help drive the Treasury’s ongoing efforts to provide fact-based, data-driven content on the Administration’s economic policies. I’ve always been interested in public service and can’t think of a more relevant and interesting job at such a critical time for our country.” Read More

By Mike Taylor 12/10/10 4:58pm

Yuck

Tim Geithner Has Kidney Stones

This just in from iron-stomached Associated Press reporter Martin Crutsinger:

Treasury Secretary Timothy Geithner has been admitted to a hospital where he will undergo minor surgery to deal with a kidney stone.

Treasury spokesman Steve Adamske said Geithner began experiencing severe pain from a kidney stone during the night and was admitted to George Read More

By Mike Taylor 12/10/10 1:00pm

Wall Street

Morning Roundup: Soak the Rich!

  • The government bailout of financial institutions is wildly unpopular and perceived to be highly wasteful. Which is funny, the Treasury Department reckons, because so far it has yielded a profit of $35 billion. [AP]
  • Americans want drastic action taken against the deficit; they just don’t want to pay more taxes or reduce Read More

By Mike Taylor 10/06/10 2:26pm

Payback

Potential Problems in AIG’s AIA Public Offering

AIA, the Asia life-insurance unit of AIG, has pointed out a few potential downside to its business as it gets ready to raise an estimated $15 billion in an initial public offering on the Hong Kong exchange.

The AIG subsidiary said that its failure to reach a deal with insurance firm Prudential to sell the Read More