The Wall Street Journal blasts President Obama’s pick of Jack Lew to be the next Treasury secretary, noting his “only business credential is a stint at the most troubled too-big-to-fail bank.”
“The greatest irony is that given Mr. Lew’s crisis-era resumé, he bears a remarkable resemblance to the bankers who President Obama says created the financial crisis and deserve federal investigation. But apparently there’s an exception as long as your liberal intentions are noble and you’re a loyal Democrat. Then you can get rich at one of Wall Street’s biggest failures and end up running the entire financial system.”
