Geitner and Summers: Obama's big mistake

Here in New York Magazine is a useful summary and discussion of the new Ron Suskind book on the Obama administration. The very bad decision to put people in charge of economic policy who had been complicit in the wreckage in the first place is one thing I never understood about Obama. My take has always been that he was too impressed by the "establishment", and didn't have his own well developed policy views on the economy. What do you all think?