Obama Treasury Secretary Timothy Geithner has retained Washington power lawyer Robert Barnett to shop a tell-all memoir that could fetch as much as $500,000.
The book will reportedly take Geithner’s critics to task and defend his controversial tenure at Treasury in an attempt to dispel “myths” and “confusion” surrounding his role in the Troubled Asset Relief Program (TARP).
Upon hearing news of the forthcoming Geithner tome, former special inspector general in charge of TARP oversight Neil Barofsky tweeted, “Bring it on! Hopefully he can do better than his exit interviews, like actually admit to a mistake, but I doubt it.” Barofsky blasted Geithner in his book Bailout! and said Geithner subjected him to a barrage of f-bombs when he questioned the Treasury Secretary’s level of transparency.
"Neil, I have been the most fu--ing transparent secretary of the Treasury in this country's entire fu--ing history!" said Geithner after Barofsky challenged him.
Figures on the political left and right have both criticized Geithner for using TARP to prop up the Wall Street banks and executives responsible for the financial meltdown.
News over Geithner’s book, which is presently untitled, sparked a flurry of suggested titles on Twitter, including: Gone With the Economy, The Fox and the Henhouse, Crime and No Punishment, and Turbo Tax for Dummies.
In 2009, Geithner became U.S. Treasury Secretary despite the fact that his confirmation revealed that he had previously failed to pay $17,230 in taxes and interest from 2003 and 2004 and another $25,970 from 2001 and 2002.
Geithner was recently brought on as a Council on Foreign Relations fellow.