There is something supremely awkward about these photographs. For me, they convey the uncertain mood of the situation brilliantly.
Alex Domanski / Reuters
U.S. Treasury Secretary Timothy Geithner leaves a hotel in Frankfurt, Germany, on Dec. 6, 2011.
Michael Probst / AP
Timothy Geithner, second left, arrives at the European Central Bank in Frankfurt on Dec. 6, 2011.
Reuters reports from FRANKFURT:
Treasury Secretary Timothy Geithner arrived in Germany on Tuesday for a three-day blitz of euro zone officials to urge them to take decisive action to backstop their currency union and resolve a crushing debt crisis.
"In the end, the Europeans hold their fate in their hands, but the problem is their fate is our fate," said Edwin Truman, a former adviser to Geithner at the Treasury who is now a senior fellow at the Peterson Institute for International Economics in Washington.
"There's no doubt that their futzing around for the last two years has adversely affected the U.S. economy -- and the world economy. One cannot say that too strongly," Truman said. Read the full story.