November 21, 2008
HECK, HE'S A GEORGE H. W. BUSH HOLDOVER:
Geithner Pick Lifts Stocks (PETER A. MCKAY and MARY PILON, 11/21/08, Wall Street Journal)
Stocks rallied Friday afternoon on reports that President-elect Barack Obama selected New York Federal Reserve chief Timothy Geithner to be Treasury Secretary.Posted by Orrin Judd at November 21, 2008 4:40 PMThe Dow Jones Industrial Average already traded in a broad range Friday, including both triple-digit gains and losses. But it rallied strongly in the final hour of trading on word of Mr. Obama's plan to name Mr. Geithner to the top post at Treasury.
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