JAMES PETHOKOUKIS: Timothy Geithner: Obama’s Teflon Treasury Secretary. Pethokoukis has a question: “Mr. Geithner, the job of the New York Fed is to — now I am quoting its own web site — ‘supervise and regulate financial institutions in the Second District [Wall Street]. Its primary objective is to maintain safe and competitive U.S. and global banking systems.’ You have been in your current post since 2003 and during that time the U.S. financial system has come close to complete disintegration. Why do you deserve a promotion?”