Neal Wolin

Obama’s Worst Year

Shortly after four o’clock on the afternoon of Wednesday, April 13, 2011, U.S. Treasury Secretary Tim Geithner walked down the hallway near his office toward a large conference room facing the building’s interior. He was accompanied by a retinue of counselors and aides. When they arrived in the room—known around Treasury simply as “the large”—four people were seated at a long walnut table on the side near the door.

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Noam Scheiber: Obama's next big crusade.

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Moneyball

Geithner and Summers go to tennis camp.

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Early yesterday evening the White House announced it was nominating Neal Wolin to be Geithner's deputy at Treasury. This is interesting for a couple reasons--the first being that, as the announcement noted, Wolin already had an administration job: He was deputy White House counsel with jurisdiction over economic matters. I guess once you've been through two candidates for a position as high-profile as deputy Treasury secretary you're willing to juggle the organizational chart a bit. Also interesting is the fact that Wolin is a close friend of Larry Summers.

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