Posts Tagged ‘Timothy Geithner’
Sheila Bair Is Latest Obama Official Suffering in Housing Downturn
First, we learned that Ben Bernanke’s childhood home went into foreclosure (no Mom and Pop Bernanke were not the current owners). Then, the AP wrote about Tim Geithner’s New York home, which is currently being rented at a rate likely too low to cover mortgage payments.
And now the Wall Street Journal is reporting Federal Deposit Insurance Corp. Chair Sheila Bair is suffering through this housing market as well. Her home in Amherst Massachusetts—where she was once a professor—was listed and then pulled off the market.
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