Last night, Timothy Geithner was confirmed as the Treasury Secretary in the Obama Administration. This move was expected — in spite of a small flap over tens of thousands of dollars in unreported taxes (he did pay them back with interest).

Geithner has promised to move economic stimulus plans forward quickly. We'll see how quickly things can move forward, as well as how effective the economic stimulus package ends up being. One centerpiece of the economic stimulus Geithner has been backing is more help for banks.

Personally, I think that helping the middle class directly would do more for the banks, and the economy, then just throwing more money at the big guys. But I doubt we'll get to see whether or not such an approach would work.