The Irony

Records show Geithner (Treasure Secretary of the US) and his wife, Carole Sonnenfeld Geithner, paid $1.602 million for the home in 2004.

A few weeks after the asking price was dropped to $1.575 million, the home was rented for $7,500 a month on May 21, said the agents, Scott Stiefvater of Stiefvater Real Estate and Debbie Meiliken of Keller Williams Realty New York.

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Oh man, I hope he will be foreclosed on his house. That would be the coolest thing ever. The loan balance on the home is about 1.1 million.

PS: Don't forget the property taxes on that property of $27 000 ...