CHICAGO - NOVEMBER 24: President-elect Barack Obama introduces Timothy Geithner (L), president of the New York Federal Reserve Bank, as treasury Secretary and other members of his economic team during a press conference at the Hilton Hotel November 24, 2008 in Chicago, Illinois. Other members of the team with Obama at the press conference were Christina Romer, an economist at the University of California at Berkeley, will chair the Council of Economic Advisers; Lawrence Summers, former treasury secretary under President Bill Clinton, as director of the National Economic Council and Melody Barnes, executive vice president for policy at the center for American Progress, as director of his White House Domestic Policy Council. Getty Images logo Getty Images 12 months ago

CHICAGO - NOVEMBER 24: President-elect Barack Obama introduces Timothy Geithner (L), president of the New York Federal Reserve Bank, as treasury Secretary and other members of his economic team during a press conference at the Hilton Hotel November 24, 2008 in Chicago, Illinois. Other members of the team with Obama at the press conference were Christina Romer, an economist at the University of California at Berkeley, will chair the Council of Economic Advisers; Lawrence Summers, former treasury secretary under President Bill Clinton, as director of the National Economic Council and Melody Barnes, executive vice president for policy at the center for American Progress, as director of his White House Domestic Policy Council.

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  1. Indonesian activists wear masks featuring US President Barrack Obama (L), Indonesian President Susilo Bambang Yudhoyono (2nd L), President of the European Commission Jose Manuel Barroso(2nd R) and Australian Prime Minister Kevin Rudd during a protest against biodiversity offset programs, in Jakarta on November 18, 2009. Scores of environment activists held a protest against the program of biodiversity offset as they believed that biodiversity offsets are conservation activities intended to compensate for the residual, unavoidable harm to biodiversity caused by development projects, and is not the real solution and will ruin ecological dignity of developing countries.
  2. OREM, UT - NOVEMBER 16: In this photo illustration, a copy of Sarah Palin's book 'Going Rogue' sits on end on a display in the back room of a Costco November 16, 2009 in Orem, Utah. The Orem Costco received between 800-900 copies of the book which will go on sale tomorrow.
  3. OREM, UT - NOVEMBER 16: Gary Haynes (R) and Matt Cross (L) open boxes of Sarah Palin's book 'Going Rogue' as other books sit on a display in the back room of a Costco November 16, 2009 in Orem, Utah. The Orem Costco received between 800-900 copies of the book which will go on sale tomorrow.
  4. OREM, UT - NOVEMBER 16: Matt Cross (R) puts copies of Sarah Palin's book 'Going Rogue' on a display in the back room of a Costco November 16, 2009 in Orem, Utah. The Orem Costco received between 800-900 copies of the book which will go on sale tomorrow.
  5. OREM, UT - NOVEMBER 16: Gary Haynes (R) and Matt Cross (L) put copies of Sarah Palin's book 'Going Rogue' on a display in the back room of a Costco November 16, 2009 in Orem, Utah. The Orem Costco received between 800-900 copies of the book which will go on sale tomorrow.
  6. OREM, UT - NOVEMBER 16: Gary Haynes (R) and Matt Cross (L) put copies of Sarah Palin's book 'Going Rogue' on a display in the back room of a Costco November 16, 2009 in Orem, Utah. The Orem Costco received between 800-900 copies of the book which will go on sale tomorrow.
  7. WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner hosts a small business forum in the Cash Room at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  8. WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner, Gentle Parking's William Ortiz-Cartagena and SHEEX Co-Founder Susan Walvisu listen to Andy Cabral (C) of Dunkin Donuts speak during a small businss financing forum at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  9. WASHINGTON - NOVEMBER 18: (L-R) Small Business Administrator Karen Mills, Treasury Secretary Timonthy Geithner and SHEEX Co-Founder Susan Walvisu (R) listen to Andy Cabral of Dunkin Donuts speak during a small businss financing forum at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  10. WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner checks his watch in between panels during a small business financing forum at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  11. WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner (R) talks with Small Business Administrator Karen Mills during a small business forum at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  12. WASHINGTON - NOVEMBER 18: Treasury Secretary Timonthy Geithner hosts a small business forum at the Treasury Department November 18, 2009 in Washington, DC. More than 100 small business leaders and politicians were invited by the White House to participate in the small business financing forum.
  13. Lawrence Summers (R), director of the White House's National Economic Council, answers a question during an interview with Maria Bartiromo (L) of CNBC at the Newseum in Washington October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  14. Maria Bartiromo (L) of CNBC interviews Lawrence Summers (R), director of the White House's National Economic Council, at the Newseum in Washington, October 2, 2009. The interview was part of the First Draft of History event, held by the Atlantic Magazine and the Aspen Institute to bring together newsmakers, historians and journalists.
  15. Ernersto Zedillio (L), former President of Mexico, Christina Fernandez de Kirchner (2nd from L), President of Argentina, Jan Peter Baikenede (C), Prime Minister of the Netherlands, Dominique Strauss-Kahn (2nd from R), Managing Director of the International Monetary Fund and Lawrence Summers (R), Director of the U.S. National Economic Council, participate in a panel discussion at the Clinton Global Initiative in New York, September 22, 2009. About 1,200 participants including heads of state, business leaders, humanitarians and celebrities are attending the fifth annual Clinton Global Initiative (CGI) which started on Tuesday.
  16. Lawrence Summers, White House chief economic adviser, speaks at the Buttonwood Gathering, Friday, Oct. 16, 2009 in New York. "A return to the status quo is unacceptable," Summers said. Banks must increase capital cushions and accept regulation and not be able to choose their own regulator, "playing one against the other," he added.

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