Professor Willem Buiter of the London School of Economics wrote a critical column (April 6, 2009) on Geithner's latest inane statement regarding his supposed inclination to fire uncooperative Wall Street bankers. Here.
The technical shortcomings of the Geithner-Summers plan are now no longer news. However, Mr. Buiter and other critics remain circumspect on the sociological side of the Geithner-Summers plan: how much the economic team members of Obama share the same values, background and friendships with the Wall Street crowd and how much they defer to what Wall Street wants. Simon Johnson's article in the May issue of The Atlantic remains a classic.