Bernanke Senate confirmation in peril. The vote has been delayed, always a telling signal that the votes might not be there.
Geithner reportedly told Wall Street that Obama is sacrificing good policy for politics. Most illuminatingly, Treasury has twice not issued a denial. To go out on a speculative wing, why would Geithner do this unless he knew he was on the outs. Indeed, Volcker is who Obama is listening to now. Finally.