The Daily Bail

Interview posted this morning on Comcast Bubblevision.

Speaking during the "Delivering Alpha" conference - organized by CNBC and Institutional Investor - Geithner said the U.S. recovery is slower than many would like and that's not being helped by chaos in Washington.

"You have this terribly damaging political dysfunction here and in Europe that leaves the world wondering whether the political system has the capacity to do the right thing," he said. "That is very damaging to confidence."

However, he expressed confidence in Europe's ability to get out of its massive debt crisis, which has roiled global markets on fears that a collapse in a nation such as Greece will lead to another global financial meltdown. He said there is "not a chance" that Europe will have an event comparable to the implosion of Lehman Brothers in September 2009.

Geithner headlines today, courtesy of Bloomberg:

GEITHNER SAYS EUROPE IN THREE YEARS WILL BE `ABSOLUTELY ALIVE
GEITHNER: GROWTH WILL BE WEAKER WITHOUT OBAMA JOBS PLAN
GEITHNER SAYS OBAMA PLAN WILL MAKE U.S. ECONOMY STRONGER
GEITHNER SAYS `OVERHWELMING FORCE' NEEDED TO SOLVE ECO CRISIS
GEITHNER SAYS `WE HAVE WEAKER GROWTH THAN WE THOUGHT' IN U.S.
GEITHNER SEES POLITICAL DYSFUNCTION IN U.S., EUROPE
GEITHNER SAYS U.S. HAS `HUGE INTEREST' IN EUROPE RECOVERY
GEITHNER SAYS EUROPE HAS TERRIBLE GROWTH PROBLEM
GEITHNER SAYS EUROPE `GOING TO HAVE TO DO MORE'
GEITHNER SAYS EUROPE HAS TRADITION OF `INDULGENCE'
GEITHNER SAYS U.S. FINANCIAL SYSTEM STRONGER
GEITHNER SAYS U.S. HAS `BIG INTEREST' IN HELPING EUROPE
GEITHNER SAYS OBAMA JOBS PLAN `ABSOLUTELY' NOT DEAD ON ARRIVAL
GEITHNER URGES `MODEST CHANGES' IN TAX BENEFITS
GEITHNER URGES AVOIDING OBSTACLES TO HEDGING RISK
GEITHNER SAYS REPATRIATING PROFITS PART OF CORPORATE TAX REFORM
GEITHNER SAYS GREECE MUST BE SUPPORTED WITH MONEY

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Recently on Cramer:

Cramer Gets Bearish - 'Short Financials NOW, European Lehman Moment Is Upon Us'