What's under the financial-crisis Christmas tree

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By Steven Pearlstein
Friday, December 18, 2009

Santa Claus

North Pole

Dear Santa,

I know it's been quite a while since I've written -- the last time was that year I found Dad in front of the fireplace holding the glass of milk I had left you, with crumbs from the Oreo cookies still stuck between his teeth. But with the miraculous rebound in stock prices and Wall Street profits since last year's financial crisis, I've become a believer again. So I've enclosed my 2009 Christmas wish list -- nothing for myself, of course, but a few things for others who have been more nice than naughty and may warrant some attention from you this holiday season:

For Treasury Secretary Tim Geithner, one free pass from the U.S. Senate, good for the confirmation of any former Wall Street executive to any position in his department.

For White House Chief of Staff Rahm Emanuel, a seat on the Brookings Institution board and a lifetime pass to the Aspen Ideas Festival.

For Sen. Richard Shelby, ranking Republican on the Senate Banking Committee, a Rolex watch without a hour hand, a minute hand or a second hand, so he won't be bothered by how long it takes him to make up his mind.

For Rep. Barney Frank, chairman, and the entire staff of the House Financial Services Committee, a week without a hearing.

For Federal Reserve Chairman Ben Bernanke, an autographed Jim Bunning Louisville Slugger and an official "Ron Paul for President" T-shirt.


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