Oh, this is one of those amusing stories you just can't keep your fingers off of. Geithner Rents Westchester Home After Failing to Sell:
U.S. Treasury Secretary Timothy Geithner is renting his home in Westchester County, New York, for $7,500 a month after failing to find a buyer, according to data on the Westchester-Putnam Multiple Listing Service Inc.
Geithner, 47, was trying to sell the brick and stucco Tudor-style home, the listing shows. The house on Maple Hill Drive has five bedrooms, about 3,600 square feet, and an eat-in kitchen with Siematic cabinetry and black granite countertops.
But I have a more serious question, how did Tim Geithner, supposedly a government official his entire career, afford a $1.6 million dollar home?
The home was marketed in February for $1.635 million, according to Scott Stiefvater, president of Stiefvater Real Estate in Pelham, New York. The price was reduced to $1.575 million in May, he said.
Speaking fees? Another glitch in TurboTax?
Anybody wonder why we have some of the most inept banks being kept alive to eat the rest of the economy?