William Black for Treasury Secretary

With Timothy Geithner's imminent departure, President Obama has an opportunity to begin to rectify one of his most egregious derelictions, the seamless implementation of the Bush bank bailout and retention of the Summers-Geithner-Bernanke financial crowd. He can nominate William Black for Treasury Secretary. During the Reagan administration, William Black was one of the principle investigators of the savings and loan scandal. Approximately 1200 indictments resulted from these investigations. His book The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry, University of Texas at Austin Press (April 2005) shows clear understanding of the causes of our various financial debacles. Obama's biggest campaign contributors have been the financial industry. Hopefully, he will sever this compromising relationship and end his presidency with integrity.