Everyone knows that Larry Summers helped the big Wall Street players and shafted small businesses. And so this shouldn’t make me mad, because it’s not news.But reading Jonathan Alter’s confirmation in his new book The Promise, infuriates me:”The inabil…
Posts Tagged ‘national economic council’
Larry Summers “Basically Doesn’t Believe in the Government Helping Small Business” … Will His Replacement Be More of the Same?
December 31st, 2010 |
No Comments
Larry Summers in 2000: “A Healthy Financial System Cannot be Built on the Expectation of Bailouts”
January 2nd, 2010 |
No Comments
Simon Johnson points out how hypocritical Summers and Geithner are:Some of the Treasury’s advice at the time was controversial — pressing South Korea to open its capital markets to foreign investors at the height of the crisis — but the broad app…
U.S. And China Pledge ‘Balanced Growth’ After Meeting
July 28th, 2009 |
No Comments
WASHINGTON — Treasury Secretary Timothy Geithner said Tuesday that the United States and China have reached agreement on the need to work toward more balanced global growth once the current economic crisis has ended.
Geithner spoke as t…
Hale “Bonddad” Stewart: The Black Swan Myth
July 16th, 2009 |
No Comments
I’ve been seeing more and more people comment that we’re in a black swan situation. The phrase black swan “refers to high-impact, hard-to-predict, and rare…
Summers On Recession: “I Don’t Think The Worst Is Over”
July 11th, 2009 |
No Comments
For this week’s installment of their “Lunch with the FT” feature the Financial Times sat down with Larry Summers, director of Obama’s National Economic Council, for a wide-ranging talk. When the conversation turned to the current recession in …