It was only a matter of time for the rats to start jumping off of the ship. It only makes sense for the budget director to leap first. Geitner and Rahm-bo will be next.
"Peter Orszag, White House budget director, yesterday became the first high-profile official to step down from office in Barack Obama's administration. Mr Orszag, 41, whom the US president dubbed a "propeller-head" in reference to his geeky character, helped shepherd through last year's $787bn fiscal stimulus and played a vital role in negotiating the almost $1,000bn healthcare bill that was passed in March."
Source: Financial Times
Entire article: http://www.ft.com/cms/s/0/2b39195e-7e60-11df-94a8-00144feabdc0.html