There has been a lot of (justifiable) angst over the economy, and the recession.  Some have called for the firing of Tim Geithner, and/or Ben Bernanke and/or Larry Summers in order to correct the course.  The justifications are as follows:
(a)    Geithner bungled up the AIG rescue, by unnecessarily giving away 100 cents on the dollar; instead of forcing AIG's counterparties to take a haircut.
(b)    Ben Bernanke (and Alan Greenspan before him) grossly underestimated the magnitude of the downturn, even when every available indicator was smoking out the ears.
(c)    Larry Summers...well, he is just Larry Summers.  And furthermore, Larry Summers went out of the way to mock and ridicule Raghuram Rajan, the most notable Cassandra of the current economic downturn. back in 2005
There are other reasons of course (most notably in my mind ~ would you trust your $13T economy to a man who would shave $42k from his taxes ), but the bottomline is that between the three of them, not one of them got it right.  So why are they running the show ?

Beats me!  

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