Geithner, Grace Under Pressure

While I was somewhat disappointed that Summers won't be tapped to run Treasury, I'm very relieved that it will be Geithner.

Jeff Frankel, who was in Geithner's presence yesterday --presumably when he got the call from Obama-- describes him as a cool customer and as a strong choice.

I enjoyed reading this piece by Noam Schreiber that paints a pretty nice picture of Geithner (h/t Steve Benen, more here). I can't begin to imagine his smarts if Rubin and Summers relied on this guy despite his relatively minimal training or background in finance and economics.