Hank Paulson is an idiot. People on Wall Street quietly think he's one of the worst cabinet picks of Bush's entire term, and while there are no standards for whether the bailout is working, there's no way that you're going to hear honest opinions about his performance because Very Serious People believe that saying what everyone knows is obvious will rattle confidence in the market.
The new Treasury Secretary, Tim Geithner, is embroiled in the last twenty years of monetary mismanagement without the tarnish of being in the private sector (and thus profiting from it). He helped construct the bailout and he was part of the decision to let Lehman fail, Paulson and/or Bernanke's single worst decision so far. I'm slightly more positive towards Geithner since he's younger and more technocratic than ideologically oriented, but not that much.
The appointment of Larry Summers as senior advisor in the White House, despite his ridiculous work in the 1990s pushing through financial deregulation and his utter failure to even admit Enron's manipulation of California's energy market, is evidence that the same people who got us into this mess are in charge of getting us out. But you're not going to hear honest evaluations from anyone, even the very kickass AFL-CIO lawyer Damon Silvers who should be screaming bloody murder as part of the newly appointed oversight board, because they are all being quiet.
Lest they spook the markets. So get ready for more awesome confidence.