Can I recommend something for reading if I haven't finished it yet?

Yeah, if it's Paul Volker's report on financial reform. Volker's advice carries a lot of weight with President Obama -

(Hang on a sec. First time on my blog that I get to write that. Feels great.)

to which I say "Thank you Hay-zoos." Anyway, read the report at Barry Ritholtz's place and you'll probably be able to say "I knew that was coming" three or four months weeks days hours after Tim Geitner is confirmed and he hauls Obama's reform plan up to the Hill.

Help yourself to thoughts in the comments if you finish first.