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Treasury: Why the Delay?

Josh makes a good point today about the dearth of appointments at Treasury. I'm told that major posts are going to get filled in this month and that the Geithner delay accounted for a lot of the subcabinet delay, although Holder seems to have gotten up to speed quickly. Meanwhile, smart additions at the National Economic Council include Michael Froman, a Harvard classmate of Obama's from law school and a former chief of staff to Robert Rubin. Jeremy Stein is also going over there. He's a Harvard economist who has had smart things to say about the bailout.


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If he had something smart to say, it would have been that the TARP is a fraud and the banks should be nationalized.
But of course, you can't be expected to have a clue, Matthew - you only carry the water.

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