Timothy Geithner

NEW ORLEANS--(BUSINESS WIRE)-- Advantage Capital Partners has been awarded a $70 million allocation in the seventh round of the federal New Markets Tax Credit program. Advantage Capital was one of 99 organizations selected this round out of a total of 249 that applied earlier this year. This latest allocation brings the firm's total awards to $388 million. U.S. Treasury Secretary Timothy Geithner made the allocation announcement during a ceremony at a job training center in Chicago. The New Markets Tax Credit program is administered by the U.S. Department of the Treasury and is ...

NCB Capital Impact Awarded $90 Million in New Markets Tax Credits for a Total of $409 Million To Date CHICAGO, Oct. 30 /PRNewswire-USNewswire/ -- Treasury Secretary Tim Geithner and the Director of Treasury's Community Development Financial Institutions Fund, Donna J. Gambrell, today announced billions of dollars in awards to spur private sector investment in communities facing economic challenges. The announcement was made at Greater West Town Community Development Project, a job training center that has benefited from funding under the New Markets Tax Credits (NMTC) Program, to highlight the impact of this program. NCB Capital Impact was awarded $90 million in NMTC allocations for disbursement to community health care centers, charter schools, and other innovative development projects in low-income communities across the nation. "The New Markets Tax Credit Program is promoting private-sector investment in our nation's communities and is helping to stimulate economic growth, create jobs and bringing new opportunities to ...

October 29, 2009
TG-335

Secretary Timothy F. Geithner
Written Testimony
House Financial Services Committee


Chairman Frank, Ranking Member Bachus, members of the House Financial Services Committee, it is a pleasure to appear before you today as we continue working towards comprehensive reform of our financial system.

The Chairman and the Committee have made important progress over the past several weeks.

Against strong opposition, you have acted swiftly to lay the foundation for far-reaching reform that would better protect consumers from unfair and fraudulent lending practices, regulate the derivatives market, improve investor protection, reform credit rating agencies, and extend basic oversight to hedge funds and other unregulated financial entities.

Today, the Committee carries that momentum forward, tackling an extremely difficult and important issue: how to prevent excessive risk-taking by large financial firms and make sure that when those firms fail during a future crisis, the ...

WASHINGTON, Oct. 21 /PRNewswire/ -- Levick Strategic Communications, a global leader in high-stakes crisis and litigation communications, announced today that President and CEO Richard Levick, Esq. was named to the 2009 "Directorship 100," the prestigious list of "The Most Influential People in the Boardroom" as determined by The National Association of Corporate Directors (NACD) and Directorship magazine. Each year, The Directorship 100 identifies those leaders who ...

JEFFERSON CITY, Mo., Oct. 19 /PRNewswire-FirstCall/ -- Governor Jay Nixon today cut the ribbon on an innovative, new renewable energy project in Jefferson City, Missouri. This renewable energy project, developed through a partnership between Republic Services, Ameresco, Columbia Water & Light, and the State of Missouri, was recently featured at The White House in a meeting hosted by Treasury Secretary Tim Geithner and Energy Secretary Steven Chu. The project was highlighted for its contribution to creating jobs while helping expand the development of clean, renewable domestic energy. "This project creates a clean, reliable and consistent source of energy from a naturally occurring byproduct of our landfills," Gov. Nixon said. "I commend this innovative partnership for the benefits it will bring our economy, environment and communities." Republic Services, Inc. (NYSE: RSG) and Ameresco partnered to develop the landfill gas-to-electricity project that uses a gas byproduct from the Jefferson City Landfill. Landfill gas, which ...