There is not much detail here, but doesn't it sound as though Mr. Geithner is reading 2outof4?:
http://online.wsj.com/article/SB123799575291939189.html
"Resolution Authority" sounds on the surface like winding down these unsavory institutions with the least burden on taxpayers and unsuspecting customers, rather than propping up these institutions with pass throughs straight from the taxpayers.
Maybe Mr. Geithner does not like being called Timmy.
-2outof4
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