But, from Clinton's point of view, Obama is also woefully wet behind the ears as a politician. Sure, she might have only officially been in the Senate for a term longer than him, but she was Bill's right arm for twenty five years through his terms as governor and president.
I can see her giving him AG, given his background in constitutional law.
You never, ever, ever pick a potential political rival to be AG and it's a politically hazardous job Obama would probably try to avoid. Veep is perfect for a rising star. Their political fate is tied to yours completely. And by any measure in the 2008 campaign, Obama proved his mettle as a candidate. Obama for veep in 2008 would still have been historic -- the first black candidate on a major party ticket. Politically, that is very hard to pass up in an election where you know you'll need a high minority turnout. As the campaign hits high gear in 2007, I don't see much criticism of Bill Clinton sticking. The Great Recession was beginning to make itself felt and the peace and prosperity of the Bill Clinton years would be fondly remembered if he had passed away. There tends to be a decent interval between a former President's death and open criticism of their record and legacy. Harsh criticism simply isn't done; even Nixon got a favorable period of reflection after his death and the same was true for JFK, LBJ, Eisenhower, Truman, Reagan, and Ford. The historians really don't dig into things for a decade or more.