What are the biggest reasons that more than 650,000 jobs were cut in February and unemployment is the highest since 1983? What additional reasons explain the tanking stock market? How badly does Wall Street need a clear banking reform policy from Washington? Why does Wall Street lack confidence in Treasury Secretary Tim Geithner? And what should be the most immediate priorities for President Obama and leaders in Congress? We ask Robert Lenzner, contributing editor and columnist at Forbes magazine.