[maxerickson]

Obama's first appointee to Treasury Secretary was Timothy Geithner. He took over from Paulson 6 days after Obama became president. That delay is maybe slightly unusual, but it hardly makes Obama responsible for the actions that Paulson took 6 months prior (I guess hiring Geithner indicates that Obama didn't have a problem with those actions, as Geithner was also one of the architects of the bailout).