April 24, 2012

Geithner turned down Dartmouth Presidency?

According to whispers published in Britain’s Daily Mail, the father-in-law of U.S. Treasury Secretary Timothy Geithner ’83 was overheard saying “Obama nominated [Kim] for the World Bank - so that there’d be an opening. 'They offered [Geithner] the presidency of Dartmouth. But now he doesn’t want it. He wants something else.'”  This bombshell has, of course, attracted a bit of media attention.

Geithner has been on ruminated short lists of potential replacements for the short-serving and now World-Bank-President-elect Kim.  He (along with Hank Paulson, who is also mentioned in the same breath) would make a great choice and would be a present-day Larry Summers in every sense: famous, technocratic, and politically controversial. His selection would help him gracefully out of a job he no longer appears to take much pleasure in and would also be a worthy capstone to his very impressive career.

I don’t doubt that Bill Helman ’80 or one of his representatives on the Presidential Search Committee has already reached out to Geithner, and they may have even hinted at special treatement for his candidacy, given his stature and history with the college.  It’s an intriguing, if distant, possibility that President Obama chose JYK for his World Bank job in small part because it would give Geithner a position to assume post-treasury. What I severely doubt is that any “offer” was extended to Geithner, or that such any offer could be given so quickly to anyone.  This point was probably a product of loose words from a proud father-in-law in casual conversation.
I’m curious though.  What was the other gig that Geithner wanted?  Something more… corporate?  How Dartmouthy of him.


  1. Anonymous1:59 AM

    Geithner and Paulson will never happen. The faculty won't accept anyone without a PhD and won't accept a Wall Street guy. Some remember the last time that was tried. It wasn't pretty.

    Geithner announced long ago that he's stepping down from Treasury. No need to find him a place to go.

  2. I maybe a big fan of his but not as president.