How Jack âBailout Bonusâ Lew Got to Treasury As I and many others have pointed out for years, unless you are a crony Wall Street welfare queen you can pretty much forget about any high level position in the Obama Administration. Barack made that clear from day one when he decided to surround himself with two of the people at the core of the 2008 financial crisis, Larry Summers and Tim Geithner. The trend is simply continuing with the current nominee for Treasury Secretary: Jack âBailout Bonusâ Lew. The revolving door is institutionalized and at this point as reliable as a Swiss watch. From Bloomberg: Of course he is close to one of the biggest snakes in the grass in modern American history, Robert Rubin. Of course she did.