Jacob (Jack) Lew, the likely nominee for the President’s Secretary of the Treasury, is well-positioned to deal with the three most immediate fiscal crises facing the nation: the debt ceiling, the deficit, and the fiscal cliff. Is he the proverbial banking  insider? Unlike his immediate predecessor, Lew doesn't come from a big bank or investment firm, but rather from positions as Chief of Staff to the President and past director of the … [Read more...]