Power Point: Keep your day job

March 24, 2009, 2:20 AM UTC
Fortune

“Sorry buddy, you’ve still got the job.”

— President Obama quipped that this would be his response to Tim Geithner were the Treasury Secretary to try and quit the job. On CBS’s 60 Minutes last night, Obama called Geithner “as sharp and as skilled a public servant as we have.” The embattled Treasury boss can finally claim a win today. His public-private partnership plan to clear toxic assets from bank balance sheets mollified investors. The Dow was up 497 points, or 6.8%. –Jessica Shambora