Conflicts of interest? The whole bailout fiasco is a huge circle jerk. Does anyone believe that the timing of this emergency is serendipitous? They absolutely chose the time of this forever looming "catastrophe". They did it when their boy, Paulson, was still at the helm of Treasury and when Bush was still the lamest of ducks. They forced the issue with congress and also paid them off handsomely. This is a planned implosion. Appointing Geithner as Treasury Secretary shows that Obama has decided to keep the circle jerk going. The Federal Reserve is a money cartel. They control the money supply. They control the economy. They are not necessarily loyal to the prosperity of the US population. They are loyal to their stockholders who are located in many different countries. Hyper-inflation and massive unemployment are inevitable. With derivatives like the CDSs still hanging out there, I don't see how they can resolve this problem without hitting the reset button.