Treasury Secretary, Timothy Geithner (left), Barack Obama (center) and Elizabeth Warren (right)
U.S. President Barack Obama has appointed, Elizabeth Warren, as an economic watchdog, to act as a financial czar, monitoring the corporate abuse of consumers. Warren will act as an assistant to President Obama in the newly established Bureau of Consumer Financial Protection. The concept is a good one. Time will tell if it works and it certainly needs to, as there is rampant fraud in the corporate sector.
