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Robert Scheer: Runaway Wall Street

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Sheila Samples

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Both in his years in the Clinton Treasury and as chair of the New York Federal Reserve Bank, Geithner has been paving the way for a runaway Wall Street. Nor has he changed his ways, as was evidenced once again last week with his appointment of Mark Peterson, a Goldman Sachs vice president and lobbyist, to be his top aide. Peterson had lobbied strenuously for precisely the deregulation that Obama now concedes needs reversing.

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Appointments; Banking Crisis; Goldman Sachs; Obamanomics; Wall Street; Wall Street Lobbyists, Add Tags

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