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    Geithner: U.S. can withstand any Europe stresses

    Fri, 04/27/2012 - 17:17 EDT - Yahoo! Business News
    • YahooBizNews

    Treasury Secretary Timothy Geithner speaks at the Commonwealth Club at the Mark Hopkins Hotel in San Francisco, CaliforniaWASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner said on Friday that if Europe mismanages its crisis it could slow U.S. growth but said the U.S. financial system could handle any resulting pressures. "The U.S. financial system is in a very strong position to withstand the foreseeable pressures we might face from Europe," he said in an interview on American Public Media's Marketplace program. Geithner said that, on balance, Europe was making headway in efforts to deal with its sovereign debt crisis. ...

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