Timothy Geithner Going to Resign After Debt Ceiling Debate

Another one bites the dust. This time the most qualified in the history of all qualified men to serve as treasury secretary (not really)--tax cheat Timothy Geithner. Bloomberg reports Geithner, who has been pretty much a failure, is tired of government.

Hans Nichols: "Treasury Secretary Timothy F. Geithner has signaled to White House officials that he's considering leaving the administration after President Barack Obama reaches an agreement with Congress to raise the national debt limit, according to three people familiar with the matter. Geithner hasn't made a final decision and won't do so until the debt ceiling issue has been resolved, according to one of the people. All spoke on condition of anonymity to discuss private discussions...Geithner, 49, has told associates that he needs a break from government service after dealing with the turmoil that followed the collapse of Wall Street firms including Bear Stearns Cos. and Lehman Brothers Holdings Inc., first as president of the Federal Reserve Bank of New York and then as Obama's treasury secretary. Family considerations also are playing a role in Geithner's deliberations, according to the people. His son has decided to finish his final year of high school in New York."