Obama's chief of staff resigns (yet again), to be replaced by another shady Wall Street banker [View all]

Jeez. These guys don't waste any time do they?



Bill Daley Resigning: Obama Chief Of Staff Stepping Down
(January 9, 2011)

WASHINGTON — In an abrupt jolt to the White House, President Barack Obama announced Monday that chief of staff William Daley was quitting and heading home to Chicago, capping a short and rocky tenure that had been expected to last until Election Day in November. Obama budget chief Jack Lew will take over the job...



Daley, a former JP Morgan executive, to be replaced by this guy:



Jack Lew: Obama's OMB Pick Oversaw Citigroup Unit That Shorted Housing Market
(July 14, 2010)

President Barack Obama's choice to lead the White House budget office oversaw a Citigroup unit that profited off the housing collapse and financial crisis by investing in a hedge fund king who correctly predicted the eventual subprime meltdown and now finds himself involved in the center of the U.S. government's fraud case against Goldman Sachs...