Top Treasury Department Official Resigns (Peter Fisher)

[Khephra]

WASHINGTON -- A top Treasury Department official in charge of keeping tabs on the nation's financial markets, including Wall Street, announced Wednesday that he will leave his post in October. He will be replaced by a Goldman Sachs executive.

Peter Fisher, Treasury's undersecretary for domestic finance, was tapped by President Bush and has held the job for nearly two years. He was sworn into the post on August 9, 2001.

President Bush also on Wednesday announced that he intends to nominate Kenneth Leet, a managing director of the investment banking division of Goldman Sachs Group, to succeed Fisher.

The president also said he will nominate Susan Schwab, dean of the University of Maryland School of Public Affairs, to take the No. 2 slot at Treasury. The deputy secretary position at Treasury has been vacant since late February with the departure of Ken Dam.

snip...........


Fisher, a registered Democrat, played a role in efforts to minimize disruption to financial markets after the Sept. 11, 2001, terrorist attacks, which forced the temporary shutdown of the stock market.

more.......................

http://www.newsday.com/news/politics/wire/sns-ap-treasury-departure,0,1206590.story?coll=sns-ap-politics-headlines

[goforit]

1. I guess printing Monopoly money grows on your conscious after a while.

Another one bites the dust.

Yah...W...."bring them on"

[twilight]

2. GREAT ... *cripes!*

"President Bush also on Wednesday announced that he intends to nominate Kenneth Leet, a managing director of the investment banking division of Goldman Sachs Group, to succeed Fisher. "

Great, just what we need, another corporate pig to bilk a few more billion $ out of the American people!!!




:dem:

[Cassandra]

3. Another Maalox moment...

in this administration.

[revcarol]

4. Headline should be: TWO QUIT IN TWO DAYS!!

that ship be sinking,,,,,,

[VolcanoJen]

5. Kick!

:dem:

[Nottingham]

6. Ok this sucks! Our Country is a Mess Financially!

Goldman Sachs didn't they have some problems with lawsuits

oh or was that Merill Lynch :bounce: