The appointment of Timothy Geithner as Secretary of Treasury is the most serious error of President Obama's first administration.
The President now has the opportunity to correct this error by appointing someone who is NOT a Wall Street advocate: someone who understands the "game" that the financial industry plays: someone who can support the growth of our economy as opposed to the further transfer of wealth to the 1%.
References: Bailout, Neil Barofsky, Free Press, 2012
Confidence Men, Ron Suskind, HarperCollins, 2011