Should some of the same people who helped get us into this Wall Street meltdown mess be relied upon to get us out? And is it OK if the colleagues and mentors of the new Obama economic team make millions and maybe billions along the way? President-elect Obama seems to think that the answers to those two questions are “yes,” and “yes”—and his appointments today proved it. Tim Geithner, the pick to be the next Treasury Secretary, is the current president of the Federal Reserve Bank of New York, where he was intimately involved in all the bailout decisions of...
