Cheat Sheet

When Timothy Geithner was named Obama's pick for Treasury Secretary
Friday, it seemed he had edged out rival Larry Summers for the job.
Well, Summers got his own plum job Saturday: he will head the National
Economic Council, according to sources. Summers will be Obama's
"closest economic advisor," the Journal reports, tasked with writing a
stimulus bill that Obama hopes to sign into law as one of his first
acts as president. The Summers-Geithner dynamic should be fun to
monitor. During the Clinton administration, Summers mentored Geithner,
and the younger man was unfailingly deferential, according The New
Republic's Noam Scheiber. "My guess is that Tim would like Larry to be
secretary," a friend of both tells Scheiber. "He's the type of guy
that, if Obama calls and says, 'I want you to be secretary of
Treasury,' it's not at all implausible he would say, 'Mr. President,
you should pick Larry.' "