From the Huffington Post:
Hmmm. This isn’t exactly confidence inspiring.
Tim Geithner’s new nominee for number two at the Treasury Department, Neal Wolin, played a key role in drafting legislation in the late 1990s deregulating the banking system, a former Treasury Department official confirms to us.
We aren’t going to fix the mess in banking (and the economy) by turning to the same cast of characters whose lack of vision and deregulatory ideology got us into the mess.