POLITICS
05/01/2009 05:12 am ET Updated May 25, 2011

Neal Wolin, Treasury Nominee, Helped Draft Legislation Deregulating Banks

Hmmm. This isn't exactly confidence inspiring.

Tim Geithner's new nominee for number two at the Treasury Department, Neal Wolin, played a key role in drafting legislation in the late 1990s deregulating the banking system, a former Treasury Department official confirms to us.

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