Michael de Portu: Open Letter to Secretary of the Treasury Timothy F. Geithner

After 100 or so days of your secretaryship, many pundits and a small number of government officials are pointing to hopeful signs that the worst may be over - or, at least, that the rate of deterioration in such measures as overall economic activity and financial losses is slowing. Is this really the case?

We have done some research (our report is available here) and what we found are mostly worrisome signs. Things may be improving, but if they are to take hold in earnest careful attention should be paid to these signs and the underlying vulnerability should be addressed.

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