Overseas funds pump in over $588 m in volatile trading week

“Absolutely,” Geithner said when asked on Bloomberg TV if the United States saw the euro’s survival as important.“I think it’s in the interest of the United States and the Europeans to do whatever they can to make sure they calm these pressures now spreading across Europe. It’s very important to us and to the world economy as a whole.”“It’s been very, very damaging to the US economy this summer,” Geithner said of the EU crisis. [More]