did the federal reserve code of conduct apply to tim geithner?
Posted by
x (aka dmuck)
Jan 19 '09, 07:01
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i guess not, if they allow him to become the head of the treasury after he somehow "forgot" to pay those taxes even after being advised to do so and signing an agreement that acknowledged they were his responsibility.
�It is indispensable to the proper functioning of, and the maintenance of public confidence in, the Federal Reserve Bank of New York (�Bank�) and the Federal Reserve System (�System�) that every employee perform his or her duties with honesty, integrity and impartiality, and without improper preferential treatment of any person. Each employee has a responsibility to the Bank and to the System to avoid conduct which places private gain above his or her duties to the Bank, which gives rise to an actual or apparent conflict of interest, or which might result in a question being raised regarding the independence of the employee�s judgment or the employee�s ability to perform the duties of his or her position satisfactorily. Each employee should conduct his or her financial affairs with integrity and honesty. To ensure the foregoing, each employee, including all Bank officers, shall respect and comply with the principles and standards of conduct contained in this Code. An employee who needs assistance in interpreting the provisions of the Code or who desires additional information should contact the Bank�s Ethics Officer.�
Source: Code of Conduct, Federal Reserve Bank of New York.
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