No, not PH's Dr. Doom. (Michaelr)
Renowned economic pessimist Nouriel Roubini approves of Obama's picks, but they face grave challenges ahead.
President-elect Barack Obama's administration's reaction to the current economy would have to be, in his words, "swift and bold." At a press conference Monday in Chicago, he unveiled his economic team, which will be led by Tim Geithner as secretary of the Treasury and Larry Summers as director of the National Economic Council. The two come with unique experience: The former is the president of the New York Federal Reserve, and the latter was secretary of the Treasury in the Clinton administration, before sitting in the president's office at Harvard.
Nouriel Roubini on Obama's Economic Team | Newsweek Business | Newsweek.com



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