Obama picks another Wall Street executive

Democracy Now!:

President Obama appointed William Daley, a top financial executive and former Clinton administration official, as his new White House chief of staff. Daley is the Midwest chair of JPMorgan Chase, a board member of Merck, and former head of SBC. Obama will also reportedly name former Goldman Sachs consultant Gene Sperling to head the National Economic Council. We speak with Ari Berman of The Nation magazine.