Entries tagged "poilitician"
As the election nears, anticipation and speculation about a new treasury secretary, particularly in a Democratic administration, mounts. The prevailing assumption is that within days of the election, the victor, which looks like Barack Obama, will make a choice for Treasury; it would be a little shocking (and even reckless) if the choice hasn't already been made and vetted. This isn't an easy or simple choice. Nearly everyone out there with some expertise in finance also has some degree of culpability. That's certainly the case even with successful previous treasury chiefs under Democratic administrations. Robert Rubin gets to drag around...
