U.S. Treasury Secretary Timothy Geithner will be in the Triangle Thursday to participate in a discussion about the department's new markets tax credit program.
The program allows taxpayers to receive a credit for making qualified equity investments in designated low-income communities.
Geithner will attend a roundtable discussion on the credits and visit a job training center and a retail business in the Golden Belt Complex, a newly renovated six-building facility in Durham that was financed in part with new market tax credits.
After the roundtable, Geithner will join business and university leaders and elected officials for a discussion of the work being done in the Research Triangle Park to create high-tech jobs.
The discussion will focus on how the link between entrepreneurs and research universities can be leveraged to create jobs in next generation technologies.
Among the other salons joining Geithner are U.S. Representatives David Price and Brad Miller and Mechanics & Farmers Bank President and CEO Kim Saunders.
Geithner's tour of the Golden Belt Complex is expected to start around 1 p.m.
Business reporter David Bracken came to the N&O in 2004. He covers commercial and residential real estate. Contact David at 919-829-4548 or
Comments
Geithner git gone
Thu, 02/18/2010 - 00:11 — quit_yer_ditchinObama needs to kick Geithner to the curb and while he's at it, throw RAHMBO out too.
Why wait for a Rumsfeld moment after midterms? GEITH GONE NOW!
Are you better off than you
Wed, 02/17/2010 - 22:03 — LakeshiaAre you better off than you were 4 trillion dollars ago ???
He must be proud
Wed, 02/17/2010 - 19:26 — redriverAfter driving the markets in New York to near extinction, now he has the opportunity to play with the rest of the country. This guy is out of touch and certainly over his head. He is so connected to the world of finance that he could never have an objective view. History will not treat this administration nor this guy very well. It will show they focused on the wrong elements of the economy and in fact started the collapse of a great economy and country. It will show how much damage can be done in one year by having incompetent leaders and appointees. The perfect storm. They have accomplished in one year what our enemies have being working on for 50 years. Amazing.
Maybe he can meet up with
Wed, 02/17/2010 - 15:01 — PhantomLordMaybe he can meet up with State Auditor Beth Wood and teach her how to handle problems arising from failure to pay taxes.