1. Feuds

    Geithner Rips S&P Downgrade

    Class of 1983 Dartmouth graduate, Treasury Secretary Timothy Geithner speaks at Dartmouth College in in Hanover, N.H., Friday, June 24, 2011. Geithner was a guest speaker at the college's Leading Voices in Politics and Policy series. (AP Photo/Jim Cole)

    Jim Cole

    Treasury Secretary Timothy Geithner’s decision to remain at his post through the 2012 election appears to have put some fire in his belly: He ripped into S&P on CNBC for its credit downgrade of the United States, saying “S&P has shown really terrible judgment and they've handled themselves very poorly.” He added, “They've shown a stunning lack of knowledge about basic U.S. fiscal budget math.” (S&P’s decision was based, in part, upon math that included a $2 trillion miscalculation.) The Wall Street Journal says that President Obama considers the move “unjustified” and will push that message this week.

    Read it at CNBC