http://dealbook.blogs.nytimes.com/2009/08/04/geithner-said-to-lose-his-cool-at-regulators-meeting/
Just how bad does the FED want it's new powers? Badly enough I'd say to push the issue of the concerns about the consequences of the largest financial overhaul since the 30's into the closet.
The question is what's the rush Timmy and why?
Treasury Secretary Timothy Geithner blasted top regulators in an expletive-laden tirade amid frustration over President Barack Obama’s faltering plan to overhaul financial regulation, Reuters reported, citing a Monday story in The Wall Street Journal.
A person familiar with the meeting said that Mr. Geithner told regulators “enough is enough,” the newspaper said. The meeting took place last Friday with Federal Reserve Chairman Ben Bernanke, Securities and Exchange Commission Chairwoman Mary Schapiro and Federal Deposit Insurance Corporation Chairwoman Sheila Bair.
The Treasury secretary said regulators had been given a chance to air their concerns, but that it was time to stop, the newspaper said, citing the person.
A Treasury Department representative had no immediate comment. The Fed, the S.E.C. and the F.D.I.C. did not immediately return calls seeking comment.
Mr. Obama in June unveiled a financial regulatory overhaul, sometimes called the biggest since the 1930s. Among other things, the plan would give the Fed added powers
