Wednesday, January 27, 2010

Treasury Secretary Geithner faces harsh criticism from legislators over bailouts

The Washington Post reports:
When Timothy F. Geithner emerged as the leading candidate for Treasury secretary in late 2008, he privately urged Barack Obama to think twice about whether to hire him. Geithner had been a key architect of the government's bailout of Wall Street and would carry that history into the new job, he reminded the incoming president.
When you come from Chicago, like Barack Obama, you aren't concerned about appearances.