From Reuters, 7/9/03:
http://abcnews.go.com/wire/Business/...30709_590.html

US Treasury Gets New Deputy, Fisher Quits

By Glenn Somerville and Jake Keaveny

WASHINGTON (Reuters) -

The Bush administration on Wednesday tapped an academic to take over
the No. 2 job at the U.S. Treasury in the latest shuffle at the
department that included the resignation of its top debt management
expert.

The White House announced that Susan Schwab, dean of the University of
Maryland's School of Public Affairs, was its choice to become deputy
Treasury Secretary, filling a job left vacant since Feb. 27 when
Kenneth Dam left it.

In a series of changes, Treasury also said Peter Fisher, the
undersecretary of domestic finance, was quitting in October and that
he will be replaced by 45-year-old Kenneth Leet, a managing director
at Goldman Sachs Group Inc.

Treasury has become a revolving-door for top officials in the past
year, with former Treasury Secretary Paul O'Neill resigning under fire
late last year.

O'Neill was replaced by current Treasury Secretary John Snow, who has
been without a deputy since he took office five months ago.

Rebuilding at Treasury occurs as President Bush begins his run at
re-election in November 2004, aiming to seize whatever credit he can
for a limping economy that has shed more than two million jobs since
he took office in 2001.

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Whew! ABANDON SHIP!

Harry